| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 69th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3440 Virada Rd, Cameron Park, CA, 95682, US |
| Region / Metro | Cameron Park |
| Year of Construction | 1987 |
| Units | 28 |
| Transaction Date | 1996-06-24 |
| Transaction Price | $2,275,000 |
| Buyer | BRIDGE CAMERON PARK LP |
| Seller | FNB REAL ESTATE CORP |
3440 Virada Rd Cameron Park 28-Unit Multifamily Investment
Neighborhood fundamentals point to durable renter demand—high home values and solid occupancy in the immediate area support pricing power, according to WDSuite’s CRE market data. Metrics referenced for occupancy and tenure reflect the neighborhood, not the property.
Cameron Park is an Inner Suburb within the Sacramento-Roseville-Folsom metro, with this neighborhood rated A and ranked 42 out of 561 metro neighborhoods—competitive among Sacramento-Roseville-Folsom neighborhoods. Amenity access trends above national medians (cafes, parks, pharmacies, and groceries), which supports daily convenience and can aid resident retention.
Rents in the neighborhood benchmark above many U.S. areas, and occupancy is in the upper tier nationally. While performance will vary by asset, those conditions typically support leasing stability and reduce downtime between turns.
Within a 3-mile radius, households have increased while average household size has declined, expanding the number of potential renter households and supporting absorption. At the neighborhood level, renter concentration is higher than many U.S. areas; the broader 3-mile area skews more owner-occupied, suggesting depth for quality rentals alongside competition from ownership.
Ownership costs are elevated in national terms (home values and value-to-income ratios rank high), which tends to sustain reliance on multifamily housing and support pricing power. Meanwhile, rent-to-income metrics are closer to national norms, indicating manageable affordability pressure that can aid renewals and occupancy, based on WDSuite’s multifamily property research.
Safety indicators compare favorably to many neighborhoods nationwide, with the area landing in the upper third nationally on several measures. Against 561 neighborhoods in the Sacramento-Roseville-Folsom metro, recent data also shows a meaningful decline in property-related offenses year over year. At the same time, violent-offense trends moved higher over the period. Overall positioning is comparatively strong, but investors should monitor trend volatility as part of routine risk management.
Proximity to established employers underpins demand from professionals commuting across Folsom and the greater Sacramento corridor. The following nodes illustrate the nearby employment base that can support leasing: Intel Folsom FM5, DISH Network Distribution Center, Cardinal Health, International Paper, and Xerox State Healthcare.
- Intel Folsom FM5 — technology & engineering offices (10.2 miles)
- DISH Network Distribution Center — distribution & logistics (24.2 miles)
- Cardinal Health — healthcare distribution (26.6 miles)
- International Paper — packaging & paper products offices (31.1 miles)
- Xerox State Healthcare — health IT & services (31.7 miles)
This 28-unit asset benefits from an A-rated neighborhood with above-average occupancy and elevated home values that reinforce renter reliance on multifamily. According to CRE market data from WDSuite, the neighborhood’s national positioning on occupancy and amenity access supports pricing power and lease-up resilience. Within 3 miles, household growth alongside smaller household sizes points to a broader tenant base even with modest population softness.
Connectivity to major employers in Folsom and the Sacramento corridor underpins steady renter demand, while rent-to-income levels closer to national norms suggest balanced affordability that can aid renewals. Key watch items include an owner-leaning profile in the wider 3-mile view, mixed year-over-year safety trends, and the need for product differentiation to outperform in a higher-income suburban setting.
- A-rated, competitive neighborhood with upper-tier occupancy supports leasing stability
- Elevated ownership costs sustain rental demand and potential pricing power
- Household growth within 3 miles and shrinking household sizes expand the renter pool
- Proximity to Folsom and Sacramento employers supports demand from professionals
- Risks: owner-leaning broader area, mixed safety trend, and the need to differentiate on quality