| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 58th | Fair |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 425 Cirby Way, Roseville, CA, 95678, US |
| Region / Metro | Roseville |
| Year of Construction | 1980 |
| Units | 36 |
| Transaction Date | 2021-04-20 |
| Transaction Price | $24,000,000 |
| Buyer | BRIDGE CIRBY LLC |
| Seller | WESTWIND INVESTORS |
425 Cirby Way Roseville Multifamily Investment
Inner-suburban fundamentals in Roseville point to steady renter demand and resilient neighborhood occupancy, according to WDSuite s CRE market data. For investors, the area s balance of incomes and rents supports stable operations while offering room for targeted upgrades.
Roseville s Inner Suburb location combines daily convenience with suburban livability. Neighborhood ratings are competitive among Sacramento Roseville Folsom neighborhoods, with strong access to essentials: grocery, pharmacy, and park availability test in high national percentiles, while café density is comparatively limited. Average school ratings trend below national medians, which can influence tenant mix toward households prioritizing convenience and commute access over top-rated districts.
Neighborhood occupancy is high and has moved upward over the past five years, supporting income stability for professionally managed assets. Median contract rents in the neighborhood run toward the higher end of the metro spectrum, consistent with above-median household incomes; together this suggests capacity for disciplined rent growth without outsized affordability pressure. Home values are elevated for the region, which tends to sustain reliance on rental housing and can aid lease retention for well-run properties.
Tenure patterns indicate that renter-occupied housing comprises roughly one-third of units, providing a sizable tenant base without excessive concentration. Within a 3-mile radius, households and families have inched up recently despite a flat overall population, and forecasts point to meaningful increases in both households and incomes over the next five years. That trajectory implies a larger tenant base and supports occupancy stability for multifamily.
Vintage characteristics in this submarket skew to the early 1980s. For a 1980 asset, investors should plan for building systems and common-area updates to maintain competitiveness against newer stock while targeting value-add upside where finishes and amenities lag contemporary renter expectations.
Safety indicators present a mixed but serviceable picture. Relative to many Sacramento Roseville Folsom neighborhoods, composite crime ranks suggest the area performs above the metro average. Nationally, overall safety benchmarks sit around the middle of the pack, with violent and property offense measures testing stronger than national norms. Recent year-over-year readings signal some volatility, so underwriting should account for trend monitoring rather than assuming linear improvement.
As always, investors should evaluate parcel-level conditions and property operations alongside neighborhood trends to gauge on-site risk management, lighting, access control, and resident experience.
The employment base features established technology, healthcare, logistics, and services employers within commuting distance, supporting workforce housing demand and resident retention. Notable nearby employers include Intel, Cardinal Health, DISH Network, Xerox State Healthcare, and International Paper.
- Intel Folsom FM5 technology & engineering offices (9.1 miles)
- Cardinal Health healthcare distribution (13.1 miles)
- DISH Network Distribution Center logistics & distribution (14.7 miles)
- Xerox State Healthcare healthcare services (17.4 miles)
- International Paper packaging & paper products (17.4 miles)
425 Cirby Way is positioned in a Roseville neighborhood with resilient renter demand, high neighborhood occupancy, and elevated home values that reinforce reliance on multifamily housing. According to CRE market data from WDSuite, neighborhood rents and incomes trend above metro medians, supporting steady collections for professionally managed assets. The 1980 vintage points to actionable value-add through unit modernization and building system upgrades to remain competitive with newer supply.
Within a 3-mile radius, forecasts indicate growth in households and incomes over the next five years, expanding the renter pool and supporting occupancy stability. Amenity access is strong for daily needs (groceries, parks, pharmacies), bolstering livability, while school ratings and café activation are comparatively weaker factors to incorporate into marketing and underwriting rather than core demand assumptions.
- High neighborhood occupancy and durable renter demand support income stability
- 1980 vintage offers value-add potential through targeted renovations and systems upgrades
- Elevated ownership costs in the area sustain multifamily reliance and lease retention
- Nearby employment nodes (tech, healthcare, logistics) bolster workforce housing demand
- Risks: recent safety trend volatility and below-median school ratings warrant conservative underwriting