| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 47th | Fair |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3820 Market Ct, Shingle Springs, CA, 95682, US |
| Region / Metro | Shingle Springs |
| Year of Construction | 1989 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3820 Market Ct Shingle Springs Multifamily Investment
This 39-unit property sits in a neighborhood with 100% occupancy and strong rental demand fundamentals, according to CRE market data from WDSuite.
Located in the Sacramento-Roseville-Folsom metro area, this suburban neighborhood demonstrates strong occupancy fundamentals with 100% neighborhood-level occupancy, ranking first among 561 metro neighborhoods. The area's median household income of $138,882 places it in the top quartile nationally, while contract rents of $1,248 provide favorable affordability ratios for tenant retention.
The property was constructed in 1989, predating the neighborhood's average construction year of 1993. This vintage presents potential value-add opportunities through strategic renovations and unit improvements. With 40.8% of housing units occupied by renters, the neighborhood maintains solid rental demand in a market where elevated home values of $927,900 reinforce renter reliance on multifamily housing.
Demographics within a 3-mile radius show a population of 11,473 with strong income characteristics. Household income growth of 52.7% over five years supports rental pricing power, while the area's COVID resilience ranking in the 88th percentile nationally indicates economic stability. Forward-looking projections suggest continued household formation and income growth, supporting sustained rental demand.
The neighborhood demonstrates moderate safety metrics compared to the broader Sacramento metro area. Property crime rates have declined 51.4% year-over-year, ranking in the 88th percentile nationally for crime reduction trends. Current property offense rates of 27.8 per 100,000 residents place the area in the top quartile among 561 metro neighborhoods for property crime performance.
Violent crime rates remain relatively low at 10.4 per 100,000 residents, though they increased 137% year-over-year. This metric ranks in the 69th percentile nationally, indicating above-average safety compared to neighborhoods nationwide. Overall crime rankings suggest the area maintains competitive safety levels within the metro context.
The property benefits from proximity to major corporate employers in the greater Sacramento region, providing workforce housing for technology and distribution sectors.
- Intel Folsom FM5 — semiconductor manufacturing (11.8 miles)
- DISH Network Distribution Center — telecommunications distribution (25.1 miles)
- Cardinal Health — healthcare services (28.1 miles)
- International Paper — industrial manufacturing (32.5 miles)
- Xerox State Healthcare — healthcare technology (33.3 miles)
This 39-unit property offers compelling fundamentals anchored by exceptional neighborhood occupancy metrics and strong demographic trends. The 100% neighborhood-level occupancy rate, combined with above-average household incomes and favorable rent-to-income ratios, creates a stable operating environment. Built in 1989, the property presents value-add potential through strategic renovations while benefiting from a location where high home values sustain rental demand.
The broader Sacramento metro's economic resilience, evidenced by strong COVID recovery rankings and declining property crime rates, supports long-term investment stability. Household income growth of 52.7% over five years, along with projected continued demographic expansion within the 3-mile radius, reinforces the rental demand foundation according to multifamily property research data.
- Perfect neighborhood occupancy (100%) ranks first among 561 metro neighborhoods
- Strong household income base ($138,882 median) in top quartile nationally
- Value-add potential through 1989 vintage requiring strategic capital improvements
- High home values ($927,900) reinforce renter retention in multifamily housing
- Risk consideration: Limited walkable amenities may impact tenant appeal