| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 15th | Poor |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 705 W Sequoia Ave, Woodlake, CA, 93286, US |
| Region / Metro | Woodlake |
| Year of Construction | 1991 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
705 W Sequoia Ave, Woodlake CA Multifamily Investment
Neighborhood occupancy is strong and stable, according to WDSuite’s CRE market data, pointing to durable leasing fundamentals for a 48‑unit asset built in 1991. The property’s relatively newer vintage versus local stock supports competitive positioning with manageable capital planning.
The property sits in an Inner Suburb neighborhood of the Visalia, CA metro (rated B+ by WDSuite) where occupancy levels are high relative to peers. The neighborhood occupancy rate is in the top decile nationally and ranks 24th among 142 metro neighborhoods, signaling consistent renter demand and low frictional vacancy at the neighborhood level rather than the property specifically.
Renter-occupied share of housing in the neighborhood is roughly half, indicating a deep tenant base for multifamily. Within a 3-mile radius, households increased in recent years and are projected to expand further even as average household size trends lower, which can translate to more households competing for available rental units and support occupancy stability. Median contract rents in the neighborhood remain modest by national standards, helping reduce affordability pressure and aiding retention.
Local daily-needs access is a relative strength: grocery and pharmacy availability rank in the top quartile among 142 Visalia neighborhoods, and restaurants are competitive as well. By contrast, cafes and parks are limited within the neighborhood, which may reduce lifestyle appeal for some renters and warrants positioning amenities on site. Average school ratings trend below national norms, which may influence leasing velocity for larger, family-oriented floor plans.
Home values sit around mid-pack nationally, but ownership costs relative to incomes score in a higher national percentile. For investors, a high-cost ownership market tends to reinforce reliance on rental housing, supporting tenant demand and lease retention. These dynamics, combined with strong neighborhood occupancy, point to durable fundamentals, based on commercial real estate analysis from WDSuite.
Comparable crime ranking data is not available for this neighborhood in WDSuite at this time. Investors typically contextualize safety by comparing neighborhood-level trends to broader metro patterns and by consulting local law enforcement reports. Consider triangulating multiple sources and time horizons to evaluate stability rather than relying on single-period snapshots.
Regional employment is anchored by industrial and manufacturing operations accessible by car, which supports workforce housing demand and commute convenience for tenants. Nearby, the following employer contributes to the area s renter base:
- International Paper manufacturing & packaging (8.9 miles)
Built in 1991, this 48-unit asset is newer than much of the surrounding housing stock (neighborhood average skews older), offering competitive positioning versus legacy product while still warranting targeted modernization and systems planning. Neighborhood occupancy is strong and ranks well among Visalia submarkets, which, coupled with modest neighborhood rents and a renter base near half of occupied units, supports demand depth and lease stability.
Within a 3-mile radius, recent household growth and a projected increase in household counts alongside smaller household sizes point to a larger tenant base over time, even as population may ebb. Elevated ownership costs relative to incomes reinforce reliance on multifamily, and according to CRE market data from WDSuite, neighborhood occupancy trends remain favorable compared with national benchmarks. Key considerations include limited nearby parks/cafes and below-average school ratings that may affect family-oriented leasing, best mitigated through amenity strategy and unit-mix positioning.
- High neighborhood occupancy supports durable leasing and lower downtime
- 1991 vintage offers competitive edge vs. older stock with targeted value-add potential
- Household growth and smaller household sizes expand the renter pool (3-mile radius)
- Ownership costs vs. incomes sustain multifamily demand and retention
- Risks: limited parks/cafes and below-average schools may temper family demand