| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 25th | Fair |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 904 Fairway Dr, Colton, CA, 92324, US |
| Region / Metro | Colton |
| Year of Construction | 1988 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
904 Fairway Dr Colton Multifamily Investment
This 100-unit property built in 1988 operates in a neighborhood with strong occupancy fundamentals and improving safety trends, according to CRE market data from WDSuite.
The Colton neighborhood where this property is located maintains a 95.7% occupancy rate, placing it in the 75th percentile nationally for rental market stability. With 50.2% of housing units renter-occupied within a 3-mile radius, the area demonstrates solid rental demand dynamics that support multifamily fundamentals.
The property's 1988 construction year aligns with the neighborhood's 1960 average vintage, positioning it as a newer asset within the local building stock. This newer vintage relative to surrounding properties may reduce near-term capital expenditure needs while maintaining competitive positioning for tenant retention.
Demographic data aggregated within a 3-mile radius shows a stable population base of approximately 80,000 residents, with median household income at $69,000. Forecasted growth indicates a 4% population increase and 51% median income growth by 2028, potentially expanding the renter pool and supporting rent growth over the investment horizon.
The neighborhood ranks in the 97th percentile nationally for grocery store density and 98th percentile for restaurant access, providing strong tenant amenities that can support retention rates. However, limited recreational amenities and below-average school ratings may impact family tenant demographics and require consideration in leasing strategies.
The neighborhood demonstrates favorable safety trends for multifamily investors, ranking 19th out of 997 metro neighborhoods for overall crime performance, placing it in the 82nd percentile nationally. Property crime rates show particular strength at 9.18 incidents per 1,000 residents, ranking in the 91st percentile compared to neighborhoods nationwide.
Violent crime metrics are especially compelling, with rates ranking 28th out of 997 metro neighborhoods and placing in the 97th percentile nationally. The area has experienced an 89% decrease in violent crime over the past year, ranking 2nd among metro neighborhoods for improvement trends and reaching the 99th percentile nationally for crime reduction.
The property benefits from proximity to established corporate employers that provide workforce housing demand, with major operations within commuting distance supporting tenant retention and leasing stability.
- Kinder Morgan — energy infrastructure (3.4 miles)
- General Mills — food manufacturing (13.1 miles)
- Waste Management — environmental services (22.0 miles)
- McKesson Medical Surgical — healthcare distribution (22.0 miles)
- Ryder Vehicle Sales — transportation services (24.5 miles)
This 100-unit property presents a fundamentally sound multifamily investment anchored by strong occupancy metrics and improving safety trends. The neighborhood's 95.7% occupancy rate ranks in the 75th percentile nationally, while crime reduction trends place it among the top metro performers for safety improvements. Built in 1988, the property offers newer vintage relative to the neighborhood average, potentially reducing near-term capital expenditure while maintaining competitive positioning.
Demographic projections within a 3-mile radius support long-term rental demand, with forecasted 4% population growth and 51% median income increases through 2028 expanding the potential tenant base. However, investors should consider the area's limited recreational amenities and below-average school ratings when evaluating family-oriented leasing strategies and competitive positioning within the broader Riverside-San Bernardino market.
- Strong occupancy fundamentals with 95.7% neighborhood rate ranking 75th percentile nationally
- Exceptional safety profile with 89% violent crime reduction and top-tier metro rankings
- Favorable property vintage with 1988 construction offering competitive positioning
- Projected demographic growth supporting rental demand expansion through 2028
- Risk consideration: Limited recreational amenities and below-average school ratings may impact family tenant appeal