| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 36th | Poor |
| Amenities | 29th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20181 Hudson St, Burney, CA, 96013, US |
| Region / Metro | Burney |
| Year of Construction | 1976 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
20181 Hudson St Burney Multifamily — 20 Units, 1976 Vintage
Steady neighborhood occupancy and a favorable rent-to-income profile point to durable renter demand; according to WDSuite’s CRE market data, the submarket’s affordability supports retention while leaving room for operational upside.
Located in Burney within the Redding, CA metro, this rural neighborhood shows serviceable daily conveniences with grocery and pharmacy access competitive among Redding neighborhoods, while cafes and parks are sparse. Restaurants are present at levels near the metro middle, suggesting basic amenity coverage without urban density.
Neighborhood occupancy trends indicate leasing conditions that have improved over the last five years but remain below metro medians, which calls for pragmatic lease management and targeted marketing to sustain stability. The neighborhood’s renter concentration is elevated relative to many areas nationally, signaling a deeper tenant base for multifamily investors and supporting ongoing demand.
Within a 3-mile radius, recent population growth and a modest increase in households suggest a slightly larger near-term renter pool. Forward-looking projections show population contraction alongside an increase in total households and a smaller average household size, which can translate to demand for smaller units and diversified floorplans, reinforcing occupancy stability when paired with disciplined operations based on commercial real estate analysis from WDSuite.
Home values in the neighborhood are lower than many California markets and align with a high-cost ownership backdrop statewide; in this submarket, ownership costs appear more accessible by national standards, which may introduce some competition with entry-level ownership. That said, rent-to-income levels remain favorable, supporting lease retention and measured pricing decisions.
The average school rating is on the lower side for the metro, which warrants consideration for family-oriented leasing strategies, but does not preclude steady workforce housing demand given the market’s affordability and basic amenity access.
The property’s 1976 construction is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock. Investors should still plan for systems upgrades and selective renovations to maintain positioning and capture value-add upside.
Neighborhood-level safety data for this area is not consistently reported in the available dataset. Investors should review recent local reports and municipal sources to assess current trends and compare them with broader Redding, CA patterns. Framing risk and insurance assumptions conservatively is prudent when neighborhood crime benchmarks are unavailable.
This 20-unit asset at 20181 Hudson St offers a durable workforce housing profile supported by favorable rent-to-income dynamics and an elevated renter base in the neighborhood. According to CRE market data from WDSuite, neighborhood occupancy has improved over five years, and the asset’s 1976 vintage is comparatively newer than the local average, positioning it well against older stock while leaving room for targeted modernization.
Local amenities are functional rather than abundant, with grocery and pharmacy access supporting daily needs. Within a 3-mile radius, recent population and household growth modestly expand the near-term tenant base, while projections point to smaller household sizes and more total households—conditions that can sustain leasing for efficiently designed units when operations remain disciplined. Ownership costs are relatively accessible in context, so pricing power should be balanced with retention-focused strategies.
- Favorable rent-to-income profile supports retention and measured rent growth
- 1976 vintage is newer than neighborhood average, with value-add via targeted system and interior updates
- Elevated neighborhood renter concentration indicates a deeper tenant base
- Functional amenity access (grocery/pharmacy) supports day-to-day livability in a rural setting
- Risks: smaller-market depth, below-metro occupancy positioning, and school quality require conservative underwriting