| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 49th | Fair |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9745 Old Placerville Rd, Sacramento, CA, 95827, US |
| Region / Metro | Sacramento |
| Year of Construction | 1988 |
| Units | 94 |
| Transaction Date | 2024-06-24 |
| Transaction Price | $20,500,000 |
| Buyer | BEGUN WIND CHASE 2 LLC |
| Seller | WINDCHASE APARTMENTS LLC |
9745 Old Placerville Rd Sacramento Multifamily Investment
This 94-unit property built in 1988 sits in a neighborhood with 95.9% occupancy and strong rental demand fundamentals. CRE market data from WDSuite indicates the area maintains above-average occupancy rates compared to metro neighborhoods.
This inner suburb neighborhood ranks 203rd among 561 Sacramento metro neighborhoods with a B+ rating, positioning it competitively within the market. The area demonstrates solid multifamily fundamentals with 95.9% neighborhood-level occupancy, ranking in the 76th percentile nationally. Demographics within a 3-mile radius show a stable tenant base with 42.9% of housing units renter-occupied and median household income of $91,655.
Built in 1988, this property aligns with the neighborhood's average construction year of 2006, suggesting potential value-add opportunities through targeted renovations and unit upgrades. The area benefits from moderate amenity density including grocery stores and restaurants that support tenant retention, though childcare and pharmacy access is limited.
Demographic projections indicate household growth of 29.3% over the next five years, expanding the potential renter pool. Median contract rents of $1,534 with 43.1% growth over five years demonstrate pricing power, while the forecast shows continued rent growth to $2,031 by 2028. Higher home values at $382,400 median help sustain rental demand by keeping ownership costs elevated relative to renting.
The neighborhood shows moderate safety metrics with property crime rates of 391.5 incidents per 100,000 residents, ranking 284th among 561 metro neighborhoods. More encouraging is the trend direction, with property crime declining 19.7% year-over-year and violent crime down 25.4%, placing the area in the 63rd and 72nd percentiles nationally for crime reduction respectively.
While crime rates remain above metro averages, the improving trend suggests ongoing community investment and enhanced security measures. Investors should monitor these trends as part of ongoing asset management and consider security enhancements as value-add opportunities.
The surrounding area benefits from proximity to major corporate employers that provide stable workforce housing demand, with distribution and technology companies anchoring the local employment base.
- DISH Network Distribution Center — telecommunications distribution (3.5 miles)
- Cardinal Health — healthcare services (7.6 miles)
- Intel Folsom FM5 — technology manufacturing (10.8 miles)
- International Paper — manufacturing (11.3 miles)
- Xerox State Healthcare — healthcare technology (12.5 miles)
This 94-unit property offers exposure to Sacramento's expanding rental market with strong occupancy fundamentals and demographic tailwinds. The neighborhood's 95.9% occupancy rate exceeds many metro areas, while projected household growth of 29.3% over five years should support continued tenant demand. Built in 1988, the property presents value-add potential through strategic renovations to capture rent premiums in a market showing 43.1% rent growth over the past five years.
According to commercial real estate analysis from WDSuite, the area benefits from workforce housing demand driven by nearby corporate employers including DISH Network and Cardinal Health. Median home values of $382,400 help sustain rental demand by keeping ownership costs elevated, while improving crime trends indicate ongoing community investment.
- Strong occupancy fundamentals with 95.9% neighborhood rate ranking 76th percentile nationally
- Projected 29.3% household growth over five years expanding renter pool
- Value-add opportunity through renovations of 1988-vintage units
- Workforce housing demand from major nearby employers
- Risk: Above-average crime rates require ongoing security considerations