| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 52nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1744 Quail Lakes Dr, Stockton, CA, 95207, US |
| Region / Metro | Stockton |
| Year of Construction | 1979 |
| Units | 50 |
| Transaction Date | 2009-02-25 |
| Transaction Price | $3,000,000 |
| Buyer | TRINITY SHASTA GROUP LLC |
| Seller | FIRST REPUBLIC TRUST COMPANY |
1744 Quail Lakes Dr Stockton Multifamily Investment
Neighborhood occupancy remains tight with a high renter concentration, supporting durable demand according to WDSuite s CRE market data. Expect steady leasing fundamentals anchored by location convenience and a broad tenant base.
Situated in Stockton s inner-suburban Quail Lakes area, the property benefits from neighborhood-level fundamentals that favor multifamily performance. Grocery access, pharmacies, parks, and restaurants rank competitively among 179 Stockton neighborhoods, with groceries and pharmacies in particular landing above the metro median; cafes are comparatively sparse. Average public school ratings trend modest but serviceable, and daily needs are generally within short drives.
Renter-occupied housing accounts for a large share of local units, indicating a deep tenant pool and consistent leasing velocity. The neighborhood s occupancy rate is competitive among 179 Stockton neighborhoods and sits in a high national percentile, which supports income stability and reduces downtime risk between turns. Median asking rents in the area have risen over the past five years, yet the rent-to-income relationship remains manageable, which can help retention and proactive lease management.
Within a 3-mile radius, population and households have grown in recent years, and projections indicate further household increases over the next five years a setup that expands the renter base and supports occupancy. Elevated home values and a higher value-to-income ratio point to a high-cost ownership market; this tends to sustain reliance on multifamily rentals, bolstering pricing power and lease-up consistency.
Taken together, these factors amenity access, stable occupancy, strong renter concentration, and a growing 3-mile household count create favorable conditions for operators prioritizing resident experience and disciplined commercial real estate analysis.
Safety indicators for the neighborhood track below national averages, with crime measures ranking in the bottom tiers nationally. Within the Stockton metro, the neighborhood s crime rank places it below many peers among 179 neighborhoods. Investors should underwrite with prudent security, lighting, and property management practices, and compare incident trends against submarket norms rather than block-level assumptions.
While recent changes in property and violent offense rates have been mixed at the neighborhood level, long-term performance often depends on site-level controls and community engagement. A practical approach is to incorporate operating protocols and vendor partnerships that support resident comfort and retention, and to monitor city and precinct trend data alongside WDSuite s validated metrics for directional context.
Nearby corporate employment includes Clorox, Ross Stores, DISH Network s distribution operations, The Clorox Company, and Chevron. This cluster of corporate offices and logistics roles supports a diverse renter base and commute convenience that can aid tenant retention.
- Clorox corporate offices (10.6 miles)
- Ross Stores corporate offices (36.4 miles) HQ
- DISH Network Distribution Center distribution & logistics (36.9 miles)
- The Clorox Company corporate offices (37.8 miles)
- Chevron corporate offices (38.1 miles) HQ
The property s location in an inner-suburban pocket of Stockton pairs strong neighborhood occupancy with a sizable renter-occupied share, supporting durable cash flow. According to CRE market data from WDSuite, area occupancy sits in a high national percentile and ranks competitively among 179 Stockton neighborhoods, while median rents have advanced over five years without pushing rent-to-income ratios into elevated pressure territory. Elevated ownership costs in the area further reinforce multifamily s role, aiding pricing power and lease retention.
Demand tailwinds extend beyond the immediate block: within a 3-mile radius, both population and household counts have grown, and projections point to additional household gains, implying a larger tenant base over the next cycle. Operators who lean into amenity upkeep and professional management can capture these fundamentals, while accounting for neighborhood safety considerations and typical turn/upgrade plans for assets of this scale.
- High neighborhood occupancy and strong renter concentration support steady leasing
- Rent trends improving while rent-to-income remains manageable for retention
- 3-mile population and household growth expand the tenant base over time
- Ownership remains comparatively high-cost locally, reinforcing multifamily demand
- Risk: safety metrics trail national averages underwrite for security and active management