| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 55th | Fair |
| Amenities | 38th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Chipmunk St, Kings Beach, CA, 96143, US |
| Region / Metro | Kings Beach |
| Year of Construction | 2011 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Chipmunk St Kings Beach Multifamily Investment
2011 construction stands out versus older neighborhood stock, supporting competitive positioning and lower near-term capex needs, according to WDSuite’s CRE market data.
Kings Beach sits within the Sacramento–Roseville–Folsom metro and scores a B- neighborhood rating, roughly mid-pack (rank 277 of 561 metro neighborhoods). The area’s housing stock skews older (average year built 1969), so a 2011 vintage asset can compete well against legacy properties while still benefiting from targeted modernization over time.
Amenity access is a relative strength: parks are in the 86th percentile nationally, and dining is competitive (restaurants ~70th percentile; cafes ~77th). Within the metro, these amenities place the neighborhood competitively among 561 Sacramento–Roseville–Folsom neighborhoods. By contrast, pharmacy and childcare access is limited locally, which may influence resident service expectations and drive demand for on-site convenience features.
Neighborhood occupancy (area-level housing unit occupancy, not property-specific) trends low and sits near the bottom among 561 metro neighborhoods, which can translate to leasing seasonality and the need for active marketing. At the same time, renter-occupied share in the neighborhood is modestly above the national median, indicating a viable tenant base even in an ownership-leaning submarket.
Within a 3-mile radius, recent data show a slight population decline but a small increase in households, implying smaller household sizes and potential demand for efficient layouts. Median incomes have risen, and higher home values (93rd percentile nationally) signal a high-cost ownership market that can reinforce reliance on multifamily rentals, aiding retention and pricing power when product quality aligns with expectations.
Schools average about 3.0 out of 5 and rank 122 of 561 metro neighborhoods—top quartile locally—supporting broader livability for family renters. Overall, this location pairs outdoor amenity access and lifestyle appeal with an ownership-leaning base, favoring well-positioned, professionally managed assets.
Comparable safety benchmarks for this neighborhood are not available in WDSuite’s dataset for the current period. Investors typically compare property-level security measures and nearby submarket trends to metro averages to gauge resident perception and leasing risk. Without neighborhood-ranked data, it is prudent to underwrite with conservative assumptions and emphasize on-site lighting, access control, and visibility in marketing.
Regional employment access is supported by distribution and logistics, providing a broader commuter base that can aid leasing stability for workforce-oriented units. The employers below illustrate nearby demand drivers.
- Sysco Food Service — food distribution (20.4 miles)
This 40-unit, 2011-vintage asset offers relative competitiveness versus an older neighborhood baseline while benefiting from strong outdoor and dining amenities. High ownership costs in the area can sustain multifamily demand and support retention for quality product. Area-level occupancy (neighborhood, not property) trends low, so leasing performance will hinge on professional management, active marketing, and unit positioning. According to CRE market data from WDSuite, the surrounding neighborhood ranks competitively on amenities but shows signs of seasonality, suggesting careful revenue management.
Within a 3-mile radius, households have inched higher even as population edged down, pointing to smaller household sizes and a broader renter pool for efficient floor plans. Rising incomes and elevated home values further support renter reliance on multifamily housing. Near-term strategy may focus on light value-add—interiors and common-area updates—to capture demand depth while acknowledging affordability pressures and potentially uneven rent growth.
- 2011 construction provides competitive positioning vs. older neighborhood stock with manageable near-term capex planning.
- Amenity access (parks, dining) supports renter appeal and lease retention.
- High-cost ownership market underpins multifamily demand and pricing power for well-finished units.
- Smaller household sizes within 3 miles expand the renter pool for efficient layouts.
- Risks: low neighborhood occupancy indicates potential seasonality; affordability pressure may temper rent growth, requiring disciplined lease and expense management.