| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 68th | Good |
| Amenities | 36th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 101 Cobble Creek Cir, Rocklin, CA, 95677, US |
| Region / Metro | Rocklin |
| Year of Construction | 2002 |
| Units | 80 |
| Transaction Date | 2024-07-15 |
| Transaction Price | $19,550,000 |
| Buyer | FISCHER ROCKLIN1LLC |
| Seller | SRP TERRACE LLC |
101 Cobble Creek Cir Rocklin Multifamily Investment
High neighborhood occupancy and a high-income renter base support durable cash flow, according to WDSuite s CRE market data, with homeownership costs in Rocklin sustaining steady multifamily demand.
Rocklin s suburban setting combines strong schools and steady renter demand with a family-oriented profile. The neighborhood s average school rating sits in the top quartile nationally, and restaurants are comparatively accessible for the metro, while cafes and parks are less dense. For investors, this mix indicates day-to-day convenience and education quality as leasing supports, though lifestyle amenities vary by micro-pocket.
Occupancy in the neighborhood is robust and ranks above most Sacramento-Roseville-Folsom neighborhoods, placing in the top quartile nationally. Median contract rents sit above national norms, yet rent-to-income levels indicate manageable affordability pressure for local tenants. Together, these dynamics point to stable renewals and measured pricing power rather than volatile lease-ups.
Home values are elevated versus national benchmarks and among the higher tiers in the metro. In practice, a high-cost ownership market reinforces renter reliance on multifamily housing and can bolster lease retention. Neighborhood NOI per unit also trends above national averages, suggesting supportive rent levels relative to operating costs in this submarket context (based on CRE market data from WDSuite).
Within a 3-mile radius, population and household counts have expanded over the past five years and are projected to continue growing, with household growth outpacing population growth as average household size edges lower. For investors, that translates into a gradually larger tenant base and potential for consistent absorption, supporting occupancy stability over the medium term.
Tenant base depth is tempered by a lower renter-occupied share of housing units in the immediate neighborhood, but the combination of high household incomes and strong schools typically supports retention and reduces turnover volatility. Vintage across the area trends older; this property s 2002 construction is relatively newer than the neighborhood average, improving competitive positioning versus 1990s stock while still warranting ongoing system upgrades as the asset seasons.
Safety indicators are competitive among Sacramento-Roseville-Folsom neighborhoods and modestly above national averages overall. Property offense rates are less favorable than violent offense rates in national comparisons, but both categories show meaningful year-over-year improvement, with declines in violent incidents standing out. For investors, the directional trend is positive, and conditions are generally above the metro median, though continued monitoring of property crime is prudent.
Nearby corporate employers provide a diversified white-collar employment base that supports renter demand through commute convenience and income stability, including Intel, Cardinal Health, DISH Network, Xerox State Healthcare, and International Paper.
- Intel Folsom FM5 — technology offices (10.1 miles)
- Cardinal Health — healthcare distribution (19.1 miles)
- DISH Network Distribution Center — distribution & logistics (20.2 miles)
- Xerox State Healthcare — healthcare IT & services (23.4 miles)
- International Paper — packaging & paper (23.5 miles)
Built in 2002 with 80 units, the asset benefits from strong neighborhood fundamentals: high occupancy, top-quartile schools nationally, and a high-cost ownership landscape that sustains multifamily demand. The submarket s renter pool is supported by high household incomes and proximity to diversified employment. According to CRE market data from WDSuite, neighborhood occupancy and NOI-per-unit trends compare favorably with national benchmarks, indicating stable operations rather than outsized volatility.
Relative to 1990s-vintage competition, the property s newer construction should aid leasing performance, though investors should plan for ongoing capital needs as major systems age. Amenity density varies by category, and property crime outpaces violent crime in national comparisons, suggesting a measured approach to on-site security and asset management. Overall, the combination of steady demand drivers and a strengthening safety trend underpins a long-term, fundamentals-led thesis.
- High neighborhood occupancy and school quality support leasing stability
- Elevated ownership costs reinforce renter reliance and retention
- 2002 vintage competitive versus older local stock, with manageable capex planning
- Diversified employment base within commuting range bolsters income quality
- Risks: lower renter-occupied share locally and property-crime monitoring