| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Good |
| Demographics | 28th | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 416 The Ter, Redlands, CA, 92374, US |
| Region / Metro | Redlands |
| Year of Construction | 1980 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
416 The Ter Redlands Multifamily Investment
This 30-unit property in Redlands benefits from strong neighborhood-level occupancy at 97.9% and above-metro renter concentration, according to WDSuite's CRE market data.
The Redlands neighborhood ranks competitively among 997 metro neighborhoods with a B+ rating, positioning it above metro median for investment fundamentals. Neighborhood-level occupancy reaches 97.9%, ranking in the top quartile nationally and indicating strong tenant retention dynamics. The area maintains a renter share of 57.5%, well above typical suburban markets, supporting consistent rental demand.
Built in 1980, this property aligns with investor expectations for value-add positioning, as the neighborhood's average construction year of 1944 suggests significant renovation upside across the local housing stock. Demographic data within a 3-mile radius shows household growth of 5.7% over five years, with projected expansion to 34,400 households by 2028 — a 40.8% increase that supports long-term tenant pool expansion.
Median contract rent in the neighborhood reaches $1,309, ranking in the 70th percentile nationally, while home values at $372,735 create ownership barriers that can retain households in the rental market. The area offers strong amenity density with grocery stores and restaurants ranking in the 97th percentile nationally, supporting tenant appeal and retention rates.
Safety data for this Redlands neighborhood is currently limited in available crime reporting metrics. Investors should conduct independent due diligence on local crime trends and consider engaging with local law enforcement for current neighborhood conditions. The area's inner suburb classification and strong occupancy rates suggest stable residential patterns, though comprehensive safety analysis requires additional local research.
The employment base draws from corporate offices within commuting distance, supporting workforce housing demand in the Riverside-San Bernardino metro.
- Kinder Morgan — energy infrastructure (11.0 miles)
- General Mills — consumer goods (15.2 miles)
- General Mills — consumer goods (20.6 miles)
- Mckesson Medical Surgical — healthcare distribution (29.3 miles)
- Waste Management — environmental services (29.5 miles)
This 30-unit Redlands property offers value-add potential through its 1980 construction year, positioning it for targeted renovations in a neighborhood where building stock averages 1944. The location benefits from exceptional neighborhood-level occupancy at 97.9%, ranking in the top quartile nationally, while demographic projections within a 3-mile radius show household growth expanding the tenant pool by 40.8% through 2028.
According to multifamily property research from WDSuite, the area's renter concentration of 57.5% significantly exceeds typical suburban markets, supporting rental demand stability. Home values at $372,735 create ownership barriers that can retain households in the rental market, while strong amenity density in groceries and restaurants supports tenant retention.
- Top quartile occupancy rates at 97.9% indicate strong tenant retention dynamics
- Value-add positioning with 1980 construction in neighborhood averaging 1944
- Projected 40.8% household growth through 2028 expands tenant pool
- Above-average renter concentration at 57.5% supports rental demand
- Risk: Limited safety data requires additional due diligence on crime trends