| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 69th | Good |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7160 Gloria Dr, Sacramento, CA, 95831, US |
| Region / Metro | Sacramento |
| Year of Construction | 1988 |
| Units | 50 |
| Transaction Date | 1996-09-24 |
| Transaction Price | $680,000 |
| Buyer | BRIDGE LONGHORN 2 LP |
| Seller | SUMITOMO BANK OF CALIFORNIA |
7160 Gloria Dr Sacramento Multifamily Investment
This 50-unit property targets strong neighborhood occupancy and household income growth in Sacramento's inner suburban market, with commercial real estate analysis from WDSuite indicating rent appreciation potential amid evolving demographics.
This Sacramento inner suburban neighborhood demonstrates solid rental fundamentals with 97% occupancy rates and median household incomes of $111,168 ranking in the top quartile among 561 metro neighborhoods. Demographic data aggregated within a 3-mile radius shows household income growth of 38% over five years, expanding the qualified renter pool for multifamily properties.
The property's 1988 construction year aligns with the neighborhood average, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to capture rent premiums. With 19.5% of housing units renter-occupied, the area maintains a stable rental market while elevated home values around $532,393 support rental demand by keeping ownership costs beyond reach for many households.
Rental rates of $1,689 median have increased 28% over five years, though the rent-to-income ratio remains manageable at 18%. The neighborhood's high concentration of college-educated residents (39% with bachelor's degrees, 96th percentile nationally) and strong job market resilience during COVID provide a foundation for sustained rental demand and lease renewal rates.
Crime metrics show mixed trends with property offense rates declining 55% year-over-year and violent crime dropping 90%, placing the neighborhood at the 90th and 99th percentiles nationally respectively for crime reduction. Current property offense rates of 314 per 100,000 residents rank in the middle tier among Sacramento metro neighborhoods, while violent crime rates remain relatively low at 31 incidents per 100,000 residents.
The substantial year-over-year crime reductions suggest improving neighborhood conditions that may support tenant retention and property values, though investors should monitor ongoing trends and consider local safety measures as part of their due diligence process.
The property benefits from proximity to established corporate offices and distribution centers that provide employment stability for the local workforce.
- International Paper — manufacturing and distribution (4.9 miles)
- Xerox State Healthcare — healthcare services (6.5 miles)
- Cardinal Health — healthcare distribution (8.2 miles)
- DISH Network Distribution Center — telecommunications logistics (8.9 miles)
This 50-unit Sacramento property offers exposure to a neighborhood experiencing household income growth and demographic stability, with multifamily property research from WDSuite indicating above-average occupancy rates and rent appreciation trends. The 1988 construction year presents potential value-add opportunities through strategic renovations, while the educated resident base and diverse employment landscape support long-term rental demand.
Five-year demographic projections show continued household formation and income growth within the 3-mile radius, expanding the qualified tenant pool. However, investors should consider the neighborhood's limited amenity density and monitor competitive pressure from new construction in the broader Sacramento market.
- High neighborhood occupancy at 97% suggests stable rental demand
- Household income growth of 38% over five years strengthens tenant qualification pool
- Value-add potential through renovations of 1988-vintage units
- Declining crime trends support neighborhood improvement trajectory
- Risk: Limited amenity density may impact tenant retention compared to urban alternatives