| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Good |
| Demographics | 49th | Poor |
| Amenities | 38th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 223 New York Ranch Rd, Jackson, CA, 95642, US |
| Region / Metro | Jackson |
| Year of Construction | 1985 |
| Units | 54 |
| Transaction Date | 2005-09-07 |
| Transaction Price | $288,500 |
| Buyer | OAK MANOR INC |
| Seller | 223 OAK MANOR |
223 New York Ranch Rd, Jackson CA — 54-Unit Investment
Neighborhood occupancy has trended stable with solid renter demand, according to WDSuite s CRE market data, pointing to steady income potential rather than outsized volatility. Elevated local home values further support reliance on rentals, positioning compact units to capture cost-conscious tenants.
The property sits in an A- rated, Suburban neighborhood that ranks 6th out of 25 metro neighborhoods competitive among Amador County locations for steady multifamily performance. Neighborhood occupancy is reported for the area (not the asset) and remains resilient, with recent gains suggesting stable leasing conditions rather than sharp swings.
Within a 3-mile radius, demographics show modest population growth and slightly smaller average household sizes, expanding the renter pool for efficiently sized units and supporting occupancy stability. Median household incomes are healthy for the region, and a moderate rent-to-income profile supports retention and disciplined pricing, useful for commercial real estate analysis focused on durability of cash flows.
Ownership costs are comparatively high for the neighborhood (elevated home values and value-to-income ratios), which tends to sustain rental demand as households rely more on multifamily options. At the same time, the share of renter-occupied housing units in the neighborhood is meaningful within the metro context, indicating depth in the tenant base.
Everyday amenities are serviceable: restaurants and cafes are present for a small-town setting, while grocery access is available though somewhat dispersed. Childcare and pharmacy options are limited locally, which can influence renter preferences; investors may see this reflected in tenant profiles skewing toward households valuing convenience in the nearby trade area rather than immediate walkability.
Vintage matters: the asset s 1985 construction is newer than the neighborhood s average stock (1961), offering relative competitiveness versus older properties while still warranting selective system upgrades or light value-add to meet current renter expectations.
Safety indicators place the neighborhood around the metro median (13th of 25), suggesting a middle-of-the-pack position locally. Compared with neighborhoods nationwide, available measures indicate relatively favorable standing, but recent year-over-year changes point to some volatility worth monitoring. Investors should underwrite with standard operational measures and maintain routine engagement with local trends rather than assuming linear improvement.
Regional employment is anchored by technology, logistics, and manufacturing/distribution nodes within commuting range, supporting a workforce renter base and helping with retention for properties serving cost-conscious households. Notable nearby employers include Intel Folsom, DISH Network s distribution operations, Cardinal Health, and International Paper.
- Intel Folsom FM5 technology & engineering offices (29.3 miles)
- DISH Network Distribution Center logistics & distribution (35.5 miles)
- Cardinal Health healthcare distribution (41.1 miles)
- International Paper packaging & manufacturing (44.2 miles)
223 New York Ranch Rd offers 54 units with smaller average floor plans, aligning with a renter base that prioritizes value and commute flexibility. Based on CRE market data from WDSuite, neighborhood occupancy (measured for the area, not the property) has been steady, while high local ownership costs reinforce reliance on rentals a constructive backdrop for lease stability.
The 1985 vintage is newer than much of the surrounding housing stock, providing competitive positioning against older properties and potential for targeted value-add improvements to interiors and building systems. Demographic trends within a 3-mile radius show modest population and household growth, supporting a larger tenant base over time even as amenities remain more auto-oriented than walkable.
- Neighborhood occupancy stability (per WDSuite) supports consistent leasing and income management.
- High-cost ownership market sustains rental demand and can aid retention.
- 1985 construction offers competitive positioning versus older stock with selective value-add upside.
- 3-mile demographic growth expands the tenant base for compact units.
- Risks: limited nearby childcare/pharmacy options and recent safety volatility warrant conservative underwriting and active operations.