| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 49th | Best |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 310 N Orange Ave, Exeter, CA, 93221, US |
| Region / Metro | Exeter |
| Year of Construction | 1972 |
| Units | 20 |
| Transaction Date | 2006-05-19 |
| Transaction Price | $1,300,000 |
| Buyer | KCG EXETER ONE LLC |
| Seller | J & A PARRA INVESTMENTS INC |
310 N Orange Ave Exeter Multifamily Investment
Neighborhood occupancy trends remain steady and above the metro median, according to WDSuite’s CRE market data, pointing to durable renter demand for well-located assets in Exeter. With a renter-occupied share that runs high for the area, this property sits in a tenant pool that supports stable leasing.
The property is in an Inner Suburb neighborhood within the Visalia, CA metro that carries an overall A rating and ranks 8th among 142 metro neighborhoods, indicating competitive positioning locally. Neighborhood occupancy is 94.6% with a rank of 70 out of 142, translating to above the metro median and suggesting consistent leasing performance. The share of housing units that are renter-occupied is elevated (ranked in a high national percentile), reinforcing depth in the tenant base and potential stability in renewals.
Everyday convenience is a relative strength: restaurants and cafes land in the upper national percentiles, while grocery and pharmacy access are also above average nationally. One gap for livability is limited park access in the immediate area. Average school ratings test near the national median and rank 22nd of 142 within the metro, placing local schools in the top quartile among Visalia neighborhoods.
Home values in the neighborhood are elevated for the region, which can sustain rental demand by keeping many households in the renter pool. Rent-to-income metrics are favorable at the neighborhood level (a strong national percentile), which can support pricing power while still requiring thoughtful lease management to balance affordability and retention.
Demographic statistics within a 3-mile radius show recent softness in population and households over the last five years, but forward-looking estimates point to population growth and a notable increase in households by 2028. For multifamily investors, that implies a larger tenant base over time, which can support occupancy stability if the forecast materializes.
Neighborhood-level crime data is not available in WDSuite for this location at this time. Investors commonly benchmark safety by reviewing city and county trend reports alongside on-the-ground observations. Consider comparing conditions to nearby Visalia neighborhoods to contextualize leasing risk and retention dynamics.
Proximity to a nearby manufacturing employer supports workforce housing demand and commute convenience, which can aid retention and weekday occupancy.
- International Paper — paper & packaging manufacturing (1.5 miles)
Built in 1972, this 20-unit asset is newer than the neighborhood’s average vintage, offering relative competitiveness versus older local stock while still calling for targeted capital planning as systems age. Neighborhood occupancy trends sit above the metro median, and renter-occupied share is high for the area—both supportive of steady leasing and renewal potential based on CRE market data from WDSuite.
Within a 3-mile radius, population and households are projected to expand by 2028, pointing to renter pool expansion that can underpin occupancy stability. Elevated neighborhood home values help sustain demand for rental housing, while favorable rent-to-income dynamics suggest room for disciplined rent growth, balanced against retention risk and value positioning.
- Above-metro-median neighborhood occupancy supports stable leasing
- 1972 vintage offers competitive positioning with targeted value-add potential
- 3-mile forecasts point to renter pool expansion, aiding long-term demand
- Elevated ownership costs locally reinforce reliance on multifamily housing
- Risks: smaller-metro volatility, limited park access, and vintage-related capex