| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 26th | Good |
| Amenities | 24th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30940 Rd 72, Visalia, CA, 93291, US |
| Region / Metro | Visalia |
| Year of Construction | 2003 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
30940 Rd 72 Visalia Multifamily Investment
Built in 2003 and positioned in an inner-suburban pocket of Visalia, this 64-unit asset benefits from a neighborhood with competitive occupancy and a sizable renter base, according to WDSuite s CRE market data. The vintage is newer than the area s typical stock, supporting leasing durability with room for selective upgrades.
The property s submarket is classified as an Inner Suburb with a B- neighborhood rating, indicating steady fundamentals versus the broader Visalia, CA metro. Occupancy in the neighborhood ranks 39 out of 142 metro neighborhoods, which is competitive among Visalia neighborhoods and in the top quartile nationally by percentile. This points to solid leasing conditions rather than outsized volatility.
Vintage matters for competitive positioning: the asset s 2003 construction is newer than the neighborhood s average 1977 build year. For investors, that typically means fewer near-term capital needs than older comparables, while still leaving scope for targeted modernization to enhance rents and retention.
Renter demand is supported by a renter-occupied share around half of housing units in the neighborhood (51.1%), ranked 29 of 142 competitive locally and above the metro median. Within a 3-mile radius, WDSuite s data shows recent population contraction alongside relatively stable household sizes; projections indicate more households even as population trends soften, suggesting shifts toward smaller households that can sustain the renter pool and support occupancy stability.
Livability signals are mixed: grocery access is a relative strength (high percentile nationwide), while cafes, parks, and pharmacies are limited in the immediate area. Average school ratings run below national norms (2.0 out of 5 at the neighborhood level), yet the rank sits 29 of 142 within the metro above the metro median. For affordability, neighborhood rent-to-income ratios are comparatively low, which can aid lease retention and measured pricing power without overextending tenants.
Comparable crime metrics for this specific neighborhood were not available in WDSuite for the latest period. Investors should triangulate safety conditions using multiple sources and trend views at the neighborhood and city levels, and consider property-level measures that support resident confidence and retention.
Employment access draws from regional industrial and food processing employers, supporting workforce housing demand and commute convenience for residents. Nearby anchors include International Paper and Con Agra Foods.
- International Paper packaging & paper (13.7 miles)
- Con Agra Foods packaged foods (39.4 miles)
This 2003-vintage, 64-unit asset competes favorably against older neighborhood stock, with the surrounding area exhibiting competitive occupancy among Visalia neighborhoods and top-quartile performance nationally. According to CRE market data from WDSuite, renter concentration at the neighborhood level and relatively low rent-to-income ratios point to a stable tenant base and manageable retention risk.
Household dynamics within a 3-mile radius show soft population trends but indications of more households and slightly smaller household sizes ahead, which can sustain multifamily demand even as demographics shift. Amenity access skews toward essentials like groceries, and while schools trail national averages, the local rank sits above the metro median. The investment case centers on durable occupancy with selective value-add potential rather than aggressive growth assumptions.
- Newer 2003 vintage versus local 1970s stock reduces near-term capex and supports competitive positioning.
- Competitive neighborhood occupancy and top-quartile national standing support leasing stability.
- Renter-occupied share and low rent-to-income ratios indicate depth of tenant demand and solid retention.
- Essential retail access (groceries) offsets thinner amenity mix for daily needs.
- Risks: limited lifestyle amenities and softer population trends could temper rent growth expectations.