| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Poor |
| Demographics | 41st | Poor |
| Amenities | 34th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2801 Clay St, Placerville, CA, 95667, US |
| Region / Metro | Placerville |
| Year of Construction | 2000 |
| Units | 81 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2801 Clay St, Placerville CA Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by a high-cost ownership market, according to WDSuite s CRE market data, offering a straightforward thesis around stability and lease retention for this 81-unit asset.
Placerville s suburban setting balances small-city amenities with access to regional job centers in the Sacramento-Roseville-Folsom metro. Neighborhood occupancy averages 95.2% (neighborhood-level, not the property), placing the area in the top quartile nationally for stability, based on CRE market data from WDSuite.
Renter concentration is meaningful at the neighborhood level, with 45.3% of housing units renter-occupied. That depth of tenant base supports ongoing leasing and reduces exposure to demand shocks relative to more owner-heavy areas. Within the metro (561 neighborhoods), this renter share ranks competitively, and nationally it sits in a higher-performing percentile cohort.
Ownership costs are elevated: home values and the value-to-income ratio both rank in high national percentiles. For multifamily investors, a high-cost ownership market tends to sustain reliance on rental housing, reinforcing pricing power and lease retention, especially for well-managed, mid-market product.
Amenities are present but not dense. Caf e9 availability ranks competitively among Sacramento neighborhoods (159 of 561), while grocery and parks are closer to metro medians. Limited pharmacy presence suggests residents rely on nearby submarkets for certain errands. For family renters, formal school rating coverage in the dataset is limited, so investors should underwrite to tenant preferences beyond published scores.
The asset s 2000 vintage is newer than the neighborhood s older housing stock (average 1954). That positioning can be advantageous versus pre-1980s inventory; however, systems nearing mid-life may warrant targeted capital planning for refreshes and modernization to remain competitive.
Within a 3-mile radius, WDSuite s demographics indicate recent population and household growth, with forecasts calling for further increases through 2028. A growing household base and slight shifts in household size point to a larger tenant pool and support for occupancy, aligning with moderate rent levels relative to area incomes.
Comparable neighborhood crime metrics were not available in WDSuite s current release for this location. Investors should evaluate safety using multiple sources and trend comparisons at the city and metro level, and incorporate property-specific measures (lighting, access control, and tenant screening) into underwriting and asset plans.
Proximity to regional employers supports commuting convenience and renter retention, particularly for workforce households tied to technology, logistics, and healthcare services that draw from the Sacramento-Roseville-Folsom labor market.
- Intel Folsom FM5 d semiconductors (20.9 miles)
- DISH Network Distribution Center d distribution (34.8 miles)
- Cardinal Health d healthcare distribution (37.3 miles)
- International Paper d packaging and paper (41.8 miles)
- Xerox State Healthcare d health IT/services (42.4 miles)
This 81-unit property built in 2000 benefits from neighborhood fundamentals that favor stable operations: top-quartile national occupancy at the neighborhood level, a sizable renter-occupied share, and a high-cost ownership backdrop that sustains reliance on rental housing. According to CRE market data from WDSuite, neighborhood rents sit near local income capacity, which supports ongoing leasing without overextending affordability.
Demographics aggregated within a 3-mile radius show recent population and household growth with forecasts pointing to further expansion, implying a larger tenant base over the next few years. The asset s newer-than-average vintage versus local stock can remain competitive with targeted refreshes, while investors should underwrite to measured rent growth given amenity density and asset-level positioning.
- Neighborhood occupancy strength and renter depth support leasing stability
- High ownership costs reinforce multifamily demand and pricing power
- 2000 vintage offers competitive positioning versus older local stock with focused capex
- 3-mile radius growth expands the tenant pool and supports retention
- Risks: amenity density is moderate; neighborhood NOI per unit trails national averages; verify safety with multiple sources