| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 67th | Good |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 930 Oak Ridge Dr, Roseville, CA, 95661, US |
| Region / Metro | Roseville |
| Year of Construction | 2008 |
| Units | 86 |
| Transaction Date | 2015-04-01 |
| Transaction Price | $16,550,000 |
| Buyer | DiNapoli Capital Partners |
| Seller | Roseville SH LLC |
930 Oak Ridge Dr Roseville Multifamily Investment
Positioned in an inner-suburb pocket of Roseville with steady neighborhood occupancy and strong schools, this 86-unit asset benefits from durable renter demand, according to WDSuite’s CRE market data. Metrics cited for occupancy and rents reflect neighborhood conditions, not the property.
The neighborhood rates B+ and is competitive among the 561 Sacramento–Roseville–Folsom metro neighborhoods, with livability supported by well-regarded schools (top quartile locally and high nationally) and a solid base of cafes and restaurants. Dining density is in the metro’s top quartile and compares favorably nationwide, while childcare availability ranks near the top of the metro, a combination that supports family-oriented renter retention.
Amenities are serviceable but mixed: cafes and restaurants are plentiful, yet immediate access to grocery, pharmacies, and parks within the neighborhood core is limited. For investors, that mix often translates to stable day-to-day convenience for residents with some reliance on short drives for errands, a typical suburban pattern in this metro.
Neighborhood occupancy is in the mid-90s and above the national median, per WDSuite. The share of housing units that are renter-occupied is about 35% in the neighborhood, indicating a meaningful—but not saturated—renter base that supports multifamily absorption without overconcentration.
Vintage matters: built in 2008 versus a neighborhood average vintage around the late 1970s, the property should be relatively competitive against older stock. Investors can still expect routine modernization and systems planning given age, but near-term capital intensity is typically lower than for pre-1990 assets.
Within a 3-mile radius, population and households have grown over the last five years, with households expanding faster than population—pointing to smaller household sizes and a larger tenant base. Forecasts through 2028 indicate further population growth and a notable increase in households, which supports occupancy stability and leasing depth for multifamily.
Elevated home values relative to national benchmarks characterize this area, which tends to reinforce reliance on rental housing and supports pricing power for well-located, professionally managed communities. At the same time, neighborhood rent-to-income metrics suggest manageable affordability pressure by national standards—helpful for lease retention and renewal strategies.
Based on WDSuite’s data, the neighborhood benchmarks above the national average on overall safety and trends favorably on property-related offenses, which declined year over year. Violent-offense measures track in the higher (safer) national percentiles, approaching the top quartile compared with neighborhoods nationwide.
At the metro level (561 neighborhoods), the area performs better than many Sacramento–Roseville–Folsom peers. As always, investors should evaluate block-level conditions as part of due diligence, but the comparative data points to a generally stable safety profile that supports renter retention and leasing.
Proximity to major employers in technology, healthcare distribution, and corporate services underpins a diversified employment base and commuter convenience that supports leasing and retention. Nearby anchors include Intel, Cardinal Health, DISH Network, Xerox State Healthcare, and International Paper.
- Intel Folsom FM5 — technology & engineering offices (8.2 miles)
- Cardinal Health — healthcare distribution (14.1 miles)
- DISH Network Distribution Center — logistics & distribution (15.3 miles)
- Xerox State Healthcare — healthcare IT & services (18.6 miles)
- International Paper — paper & packaging operations (18.6 miles)
930 Oak Ridge Dr offers a 2008-vintage, 86-unit footprint in a competitive Roseville neighborhood where schools, amenity density for dining/cafes, and above-median national occupancy support durable renter demand. Elevated for-sale housing values in the area buttress reliance on rental housing, while neighborhood rent-to-income indicators suggest retention can be managed without outsized affordability pressure.
Within a 3-mile radius, recent population growth and a faster rise in households point to a larger tenant base and ongoing leasing depth. According to commercial real estate analysis from WDSuite, the neighborhood’s safety profile benchmarks above national averages and property-related offenses have eased, supporting stability for long-term operations. The 2008 construction should compare well to older stock, with typical mid-life systems planning and selective upgrades as part of value preservation.
- Competitive inner-suburb location with schools and dining density supporting leasing
- 2008 vintage positions asset well versus older neighborhood stock
- Elevated ownership costs reinforce renter reliance and pricing power potential
- 3-mile growth in households expands the tenant base and supports occupancy stability
- Risks: thinner grocery/pharmacy/park access locally; ongoing capex for mid-life systems