| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 34th | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3930 Tarmigan Dr, Antelope, CA, 95843, US |
| Region / Metro | Antelope |
| Year of Construction | 1996 |
| Units | 112 |
| Transaction Date | 1994-11-28 |
| Transaction Price | $500,000 |
| Buyer | ANTELOPE PACIFIC ASSOCIATES |
| Seller | TARMIGAN TERRACE LIMITED |
3930 Tarmigan Dr Antelope Multifamily Investment
This 112-unit property built in 1996 benefits from exceptional neighborhood-level occupancy at 100%, positioning it within a stable rental market according to CRE market data from WDSuite.
The Antelope neighborhood demonstrates strong fundamentals for multifamily investment, ranking 123rd among 561 Sacramento metro neighborhoods with an A- rating. Neighborhood-level occupancy reaches 100%, reflecting exceptional tenant retention and minimal vacancy pressures. The area maintains above-metro median performance across key investment metrics, with contract rents averaging $1,756 for one-bedroom units—ranking 172nd regionally and placing in the 87th national percentile.
Demographics within a 3-mile radius show a stable tenant base with 98,907 residents and modest population growth of 2.7% over five years. Household formation trends support rental demand, with 31,104 households projected to increase 4.5% through 2028, expanding the potential renter pool. Median household income of $91,471 provides solid rent-to-income ratios, while the 35% renter share indicates established rental market acceptance.
The property's 1996 construction year positions it for targeted capital improvements and value-add strategies, as the vintage allows for modernization initiatives that can capture rent premiums. Essential services density supports tenant retention, with grocery stores and childcare facilities ranking in the top quartiles nationally. However, limited cafe density and below-average school ratings may impact certain tenant demographics and warrant consideration in leasing strategies.
Safety metrics indicate moderate conditions relative to Sacramento metro standards, with the neighborhood ranking 164th of 561 areas for overall crime—placing it above metro median performance. Property crime rates of 277 incidents per 100,000 residents rank near the 49th national percentile, while violent crime remains relatively contained at 50 incidents per 100,000 residents.
Encouraging trends include a 22.5% decrease in property crime and a significant 54.7% reduction in violent crime over the past year, suggesting improving conditions that may support tenant confidence and retention rates. These crime reduction trends position the neighborhood competitively among Sacramento areas for family-oriented renters seeking stable residential environments.
The surrounding employment base provides diverse job opportunities within commuting distance, anchored by major corporate operations that support workforce housing demand in the Sacramento region.
- Cardinal Health — healthcare distribution (9.7 miles)
- Intel Folsom FM5 — semiconductor manufacturing (12.3 miles)
- DISH Network Distribution Center — telecommunications logistics (12.9 miles)
- Xerox State Healthcare — business services (13.4 miles)
- International Paper — manufacturing operations (13.7 miles)
This 112-unit property presents a compelling value-add opportunity within Sacramento's stable rental market, supported by exceptional neighborhood-level occupancy of 100% and above-median rent performance. The 1996 construction vintage allows for strategic capital improvements to capture rent growth, while demographic projections within a 3-mile radius show household expansion of 33.6% through 2028, significantly expanding the tenant base.
According to multifamily property research from WDSuite, the neighborhood ranks in the top quartile nationally for amenity access and maintains strong rent-to-income fundamentals. Projected median household income growth to $132,348 by 2028 supports future rent escalation potential, while the established 35% renter share indicates mature rental market acceptance.
- Exceptional 100% neighborhood occupancy demonstrates strong tenant retention and minimal vacancy risk
- 1996 vintage enables value-add renovations to capture rent premiums in improving market
- Projected 33.6% household growth through 2028 expands potential tenant base significantly
- Risk consideration: Below-average school ratings may limit appeal to family tenants seeking educational quality