| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 26th | Good |
| Amenities | 24th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30989 Rd 72, Visalia, CA, 93291, US |
| Region / Metro | Visalia |
| Year of Construction | 2011 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
30989 Rd 72 Visalia Multifamily Investment
2011-vintage, 56-unit asset positioned against older local stock, with neighborhood occupancy competitive metro-wide according to WDSuite’s CRE market data.
The property sits in an inner-suburban pocket of Visalia with renter demand supported by a high renter-occupied share at the neighborhood level. With a renter concentration around the top quartile among 142 metro neighborhoods and strong national standing, the local tenant base is deep enough to aid leasing velocity and renewal consistency.
Occupancy in the neighborhood is competitive among Visalia neighborhoods and rates in the top quintile nationally, signaling stable in-place demand that can support consistent cash flows. Median rents in the area trend below national levels, and the rent-to-income profile indicates relatively manageable affordability pressure — factors that can underpin retention and reduce turnover risk.
Daily-needs access is anchored by grocery options that rank above the metro median and test well nationally, while parks, cafes, and pharmacies are sparse in this immediate pocket. For family-oriented renters, average school ratings trail national norms; this may modestly narrow the target renter profile toward workforce households prioritizing space and value.
Within a 3-mile radius, demographics show a recent population decline and projections for fewer residents, but a simultaneous rise in household counts and incomes. This combination typically reflects smaller household sizes and a shifting renter mix; for owners, it suggests a steady flow of households entering or remaining in rental housing, even as overall population trends soften, based on CRE market data from WDSuite.
Comparable neighborhood-level safety rankings are not available in the provided dataset. Investors typically benchmark property performance against broader Visalia trends and on-site security, while tracking multi-year regional patterns to evaluate stability rather than relying on short-term fluctuations.
Proximity to industrial and corporate employers supports workforce housing demand and commute convenience for residents, led by paper/packaging and food processing operations listed below.
- International Paper — paper & packaging (13.8 miles)
- Con Agra Foods — food processing (39.3 miles)
Built in 2011 against a neighborhood average vintage from the late 1970s, the property offers a newer competitive profile that can reduce near-term capital needs while remaining mindful of system upkeep as the asset matures. Average unit sizes near 1,215 square feet provide a livability edge that can support lease retention, particularly as neighborhood occupancy reads competitive within Visalia and strong by national comparison, per WDSuite’s commercial real estate analysis.
At the neighborhood level, a high share of renter-occupied housing implies depth in the tenant pool, while below-national rent levels and a favorable rent-to-income posture support pricing resiliency and renewal potential. Within a 3-mile radius, incomes have risen and household counts are projected to expand even as total population trends lower, indicating a shifting renter mix and ongoing relevance for multifamily. Homeownership costs are moderate in context, which can introduce some competition from entry-level ownership, but also sustain steady rental demand for larger units and professionally managed communities.
- Newer 2011 vintage relative to area stock supports competitive positioning and moderated near-term capex
- Neighborhood occupancy is competitive metro-wide and strong nationally, aiding cash flow stability
- High renter-occupied share indicates tenant base depth for leasing and renewals
- Larger average unit sizes (~1,215 sf) can bolster retention and pricing power
- Risks: limited nearby parks/cafes, below-average school ratings, and modest competition from ownership as incomes rise