| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 42nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 901 Mohawk St, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1985 |
| Units | 92 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
901 Mohawk St, Bakersfield CA Multifamily Investment
Neighborhood occupancy of 97.7% indicates durable renter demand in this Inner Suburb pocket of Bakersfield, according to WDSuite s CRE market data; this figure reflects the surrounding neighborhood, not the property itself.
This Inner Suburb location offers everyday convenience and renter appeal. The neighborhood s amenity access ranks 9th of 247 Bakersfield neighborhoods (top quartile locally) and sits in the 74th percentile nationally, with restaurants and cafes particularly dense (both in the low-90s national percentiles). Grocery and pharmacy access also track well above national norms, supporting resident retention and day-to-day livability.
From an income and housing standpoint, the area trends above national medians: median household income is in the 70th percentile nationally, while home values sit around the 64th percentile. For multifamily investors, this positioning can sustain a sizable renter pool without overly compressing affordability; rent-to-income around 0.20 suggests manageable lease management considerations rather than heightened affordability pressure.
Operationally, the neighborhood s occupancy is strong at 97.7% (ranked 57 of 247; 87th percentile nationally), signaling stable leasing conditions and limited frictional vacancy relative to many U.S. neighborhoods. Renter-occupied housing represents about 50.5% of units (ranked 62 of 247; high-80s national percentile), indicating a deep tenant base that supports ongoing demand for professionally managed apartments.
Demographic statistics are aggregated within a 3-mile radius and point to gradual near-term expansion and a more pronounced medium-term outlook: recent population and household counts have edged up, and forecasts through 2028 indicate further population growth and a larger household base. This trajectory implies a broader tenant pool over time, which can support occupancy stability and absorption, especially for well-managed assets.
School ratings in the immediate neighborhood are lower (15th percentile nationally), which may temper appeal for some family renters; that said, the amenity concentration and employment access dynamics tend to underpin steady workforce housing demand. The property s 1985 vintage is slightly newer than the neighborhood s average construction year (1982), providing a competitive edge versus older stock while still warranting targeted system upgrades or modernization for positioning.
Safety indicators for the surrounding neighborhood compare weaker to both metro and national benchmarks. The area ranks 197th out of 247 Bakersfield neighborhoods, placing it in the lower quartile locally. Nationally, overall crime metrics align around the 25th percentile, indicating a comparatively higher incidence than many U.S. neighborhoods.
Recent year-over-year estimates show an uptick in both property and violent offenses in the neighborhood, suggesting investors should calibrate operating assumptions accordingly (e.g., security measures, insurance, and onsite management practices). Conditions can vary block by block; investors commonly assess property-specific controls and trends over multiple years when underwriting.
The submarket supports a broad workforce renter base with commutable access to Bakersfield s employment centers. Specific nearby employers with verifiable distance data are not listed here.
901 Mohawk St is a 92-unit, 1985-vintage asset positioned in a high-amenity Bakersfield neighborhood where occupancy is strong and the renter base is deep. The area s above-national income positioning, solid amenity access, and renter concentration support ongoing demand and leasing stability, while ownership costs that sit above national medians help sustain reliance on multifamily housing rather than rapid transitions to ownership.
According to CRE market data from WDSuite, the neighborhood s occupancy ranks well within the metro and in the upper national percentiles, reinforcing near-term stability for well-operated properties. Given the 1985 vintage, investors can target selective capital programs (interiors, building systems, curb appeal) to sharpen competitive positioning against older stock and capture value-add upside as the 3-mile radius shows population and household growth that expands the tenant pool.
- High neighborhood occupancy and deep renter concentration support stable leasing
- Amenity-rich Inner Suburb location with strong national percentiles for food, grocery, and parks
- 1985 vintage offers value-add potential versus older comparables with targeted upgrades
- 3-mile population and household growth broadens the tenant base and supports absorption
- Risks: below-average neighborhood safety and lower school ratings warrant underwriting for security and tenant mix