| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 63rd | Best |
| Amenities | 84th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 250 S Oak St, Woodlake, CA, 93286, US |
| Region / Metro | Woodlake |
| Year of Construction | 2012 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
250 S Oak St, Woodlake CA — 60-Unit 2012 Multifamily
Renter demand is supported by a high-cost ownership market and steady neighborhood occupancy, according to WDSuite s CRE market data, positioning this 2012 asset for durable leasing in the Visalia metro.
Located in Woodlake within the Visalia, CA metro, the neighborhood scores competitive on amenities (ranked near the top among 142 metro neighborhoods) with strong access to restaurants, parks, groceries, pharmacies, and childcare. Nationally, restaurants and parks index in the top quartile, while groceries and pharmacies track above average; cafes are thinner locally, which may modestly affect lifestyle convenience but not core leasing fundamentals.
Schools average above many peer areas (top quartile nationally), which can aid retention for family-oriented renters. The neighborhood s median home values sit in the top quartile nationally, signaling a high-cost ownership market that tends to sustain multifamily demand and support pricing power without framing it as a consumer limitation.
Occupancy at the neighborhood level is around the national midpoint and below the metro median, suggesting balanced but competitive leasing conditions. Renter-occupied share at the neighborhood scale is meaningful (around two-fifths of units), indicating sufficient depth in the tenant base and reinforcing demand for professionally managed apartments.
Within a 3-mile radius, population and households have grown over the last five years, with further gains projected over the next five, pointing to a larger tenant base and support for occupancy stability. Household incomes in the 3-mile area have risen, and median rent levels remain aligned with incomes, which can ease affordability pressure and aid lease retention for well-managed properties.
Vintage context: the subject property s 2012 construction is newer than the neighborhood s older housing stock (average 1960s), offering a relative edge versus legacy assets. Newer systems can trim near-term capital needs, while selective modernization still provides a path to value-add.
Safety indicators are mixed relative to peers. At the metro level, the neighborhood s crime ranking sits competitive among Visalia neighborhoods (55 out of 142 indicates comparatively more reported crime than areas ranked higher). Nationally, overall safety trends lean below the midpoint, yet recent violent offense rates have improved year-over-year, a positive directional signal.
Property offenses show a recent uptick locally, while violent offenses have declined sharply year-over-year. For investors, this combination suggests ongoing attention to security measures and resident experience is prudent, while monitoring whether the improvement in violent incidents continues. All figures reflect neighborhood-level patterns rather than property-specific conditions.
Proximity to industrial and logistics employment underpins workforce housing demand and commute convenience for renters, with International Paper representing a nearby node.
- International Paper packaging & paper products (6.8 miles)
This 60-unit property s 2012 vintage offers competitive positioning versus older neighborhood stock, supporting lower near-term capital planning needs with potential for selective upgrades. Neighborhood fundamentals show steady occupancy around the national midpoint and a renter-occupied share near two-fifths, indicating a sufficiently deep tenant base. Elevated home values (top quartile nationally) reinforce reliance on multifamily, while 3-mile population and household growth expand the renter pool. According to CRE market data from WDSuite, local amenities rank competitively in the metro and schools perform above many peer areas, both supportive of retention.
Key watchpoints include mixed safety metrics and occupancy that trails the metro median, suggesting disciplined leasing and resident experience management will matter. Overall, the combination of newer construction, solid demand drivers, and a high-cost ownership backdrop provides a straightforward hold-or-improve thesis with measured upside through operations and targeted renovations.
- 2012 construction vs. older submarket stock reduces near-term CapEx and strengthens competitive positioning
- High-cost ownership market supports renter reliance on multifamily and pricing power
- 3-mile population and household growth expand the tenant base and support occupancy stability
- Competitive amenity access and above-average schools aid retention and leasing velocity
- Risk: mixed safety indicators and below-metro occupancy warrant focused operations and resident experience