| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 52nd | Fair |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12200 Gateway Ct, Auburn, CA, 95603, US |
| Region / Metro | Auburn |
| Year of Construction | 1994 |
| Units | 56 |
| Transaction Date | 2012-11-01 |
| Transaction Price | $3,900,000 |
| Buyer | TERRACINA OAKS LP |
| Seller | GATEWAY COURT APARTMENTS LP |
12200 Gateway Ct Auburn Multifamily Investment Opportunity
Neighborhood occupancy is holding near the mid‑90s, indicating steady leasing fundamentals for a 56‑unit asset, according to WDSuite’s CRE market data. Solid renter demand and a high-cost ownership market support durable income trends.
Situated in suburban Auburn within the Sacramento–Roseville–Folsom metro, the area earns a B neighborhood rating and performs above the national middle on several livability measures, per WDSuite. Pharmacy access is competitive among 561 metro neighborhoods (rank 106/561) and sits in the 82nd percentile nationally, while cafes are also competitive (137/561; 75th percentile). Grocery and restaurant density are above the metro median (ranks 263 and 274 out of 561; both in the low‑60s percentiles nationally). Dedicated park acreage is limited within the neighborhood, so outdoor access relies more on regional offerings.
Multifamily fundamentals are stable: the neighborhood’s occupancy rate is 94.6% (69th percentile nationally), and median contract rents benchmark in the upper‑third nationally. Median home values are elevated (85th percentile nationally), which tends to reinforce reliance on rental housing and helps sustain pricing power and lease retention for well‑managed assets.
Construction patterns skew older locally (average 1979). With a 1994 vintage, the property is newer than much of the neighborhood stock, supporting competitiveness versus older assets; investors should still underwrite ongoing system upgrades or targeted renovations to maintain positioning.
Demographics within a 3‑mile radius show a slight population dip in recent years but continued growth in households, with further household increases projected over the next five years. This points to a gradually expanding tenant base and supports occupancy stability even as household sizes trend modestly smaller. Renter‑occupied housing represents roughly one‑third of units (about 35%), indicating a meaningful renter concentration that supports multifamily demand depth.
Safety trends compare favorably at the national level. Violent‑offense rates are in the 98th percentile nationally (safer than most neighborhoods across the country), and recent year‑over‑year data show a sharp improvement in violent incidents, based on WDSuite’s crime analytics.
Property‑offense levels benchmark around the 69th percentile nationally, though there has been a recent uptick over the past year. For investors, this suggests generally supportive conditions for leasing and retention while warranting standard asset‑level measures (lighting, access control, and coordination with local management) to manage property‑level risk.
Regional employment is anchored by technology, healthcare distribution, and logistics nodes within commuting reach, supporting workforce renter demand and retention for Auburn assets. Notable nearby employers include Intel, Cardinal Health, DISH Network, Xerox State Healthcare, and International Paper.
- Intel Folsom FM5 — semiconductors (20.8 miles)
- Cardinal Health — healthcare distribution (31.0 miles)
- DISH Network Distribution Center — logistics/telecom distribution (32.4 miles)
- Xerox State Healthcare — health IT services (34.9 miles)
- International Paper — packaging & paper (35.3 miles)
12200 Gateway Ct offers a 56‑unit footprint in a suburban Auburn location where neighborhood occupancy trends near the mid‑90s and homeownership costs benchmark high nationally. This combination supports stable rent rolls and pricing power for professionally managed assets, based on commercial real estate analysis from WDSuite.
Built in 1994, the property is newer than the neighborhood’s average 1979 vintage, suggesting competitive positioning versus older stock while still warranting targeted modernization and system updates in capital plans. Within a 3‑mile radius, households have grown and are projected to increase further, pointing to renter pool expansion; coupled with a moderate rent‑to‑income profile, this supports retention and occupancy stability over the hold period.
- Steady neighborhood occupancy near the mid‑90s with elevated home values supporting sustained rental demand.
- 1994 vintage relative to older local stock provides competitive positioning with selective value‑add potential.
- 3‑mile household growth and meaningful renter concentration indicate a durable tenant base and leasing depth.
- Risks: limited neighborhood parks, a recent uptick in property‑offense metrics, and commute distances to major employers may affect some renters.