| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 58th | Fair |
| Amenities | 72nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5925 Rampart Dr, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | 2010-10-28 |
| Transaction Price | $6,975,000 |
| Buyer | WIND CHASE INVESTMENTS LP |
| Seller | CRESTVIEW RAMPART LLC |
5925 Rampart Dr Carmichael Multifamily Investment
Inner-suburban fundamentals point to steady renter demand, supported by above-median neighborhood occupancy according to WDSuite’s CRE market data. Convenient access to jobs and services underpins retention and pricing discipline for a 50-unit asset.
Carmichael’s inner-suburban setting offers daily convenience with strong retail and service access. Neighborhood amenities rank competitively, with restaurants and parks in the upper national percentiles, while grocery and pharmacy access also trend above national medians. Cafes per square mile sit in a high national percentile, signaling foot-traffic and daytime activity that can support leasing.
Multifamily metrics are favorable for investors: neighborhood occupancy is strong (national percentile near the upper tier), and median contract rents are above national norms, indicating durable demand. The rent-to-income ratio trends on the lower side nationally, which can support lease retention and reduce turnover risk in asset management.
Tenure data indicates a meaningful share of housing units are renter-occupied (above the national median by percentile), suggesting depth in the tenant base. Home values sit in a high national percentile and the value-to-income ratio is elevated nationally, a high-cost ownership context that tends to reinforce reliance on rental housing and supports occupancy stability.
Within a 3-mile radius, demographics show modest population growth over the past five years with additional growth forecast, alongside rising household counts and a slight trend toward smaller average household size. For multifamily investors, that points to a gradually expanding renter pool and sustained demand for well-managed units.
Vintage matters: this property was built in 1986, newer than the neighborhood’s older average stock. That positioning can be competitively beneficial versus mid-century assets, while investors should still plan for targeted system updates or common-area modernization to keep the property competitive.
Safety indicators for the neighborhood are mixed. Compared with other Sacramento-Roseville-Folsom neighborhoods (561 total), the area trends below the metro average on safety, and national positioning is below the median. However, recent data show property-related offenses moving downward year over year, while violent offense trends have moved higher; investors should underwrite with conservative assumptions and emphasize security measures and lighting in capital plans.
Proximity to established employers supports renter demand and commute convenience for workforce households. Notable nearby employment nodes include healthcare distribution, semiconductor offices, logistics, and paper products operations that collectively diversify the employment base.
- Cardinal Health — healthcare distribution (8.3 miles)
- Intel Folsom FM5 — semiconductor offices (8.6 miles)
- DISH Network Distribution Center — logistics & distribution (8.8 miles)
- International Paper — paper products (12.9 miles)
- Xerox State Healthcare — healthcare services (13.3 miles)
The 50-unit 1986-vintage asset benefits from strong neighborhood occupancy and a renter-occupied housing share that sits above national medians by percentile, pointing to a durable tenant base. Elevated home values and a high value-to-income landscape reinforce renter reliance on multifamily, while a relatively lower rent-to-income ratio supports retention and measured pricing power. According to commercial real estate analysis from WDSuite, amenity access (restaurants, parks, grocery, pharmacies) ranks above national medians, helping sustain leasing velocity.
Within a 3-mile radius, recent population growth and projected gains—alongside rising household counts and slightly smaller household sizes—suggest incremental renter pool expansion over the next few years. As a newer-than-local-average vintage, the property can compete well versus older stock; investors should still budget for focused modernization to preserve positioning and drive NOI through operational execution.
- Strong neighborhood occupancy and above-median rent levels support income stability.
- High-cost ownership context reinforces multifamily demand and retention.
- 1986 vintage offers competitive positioning, with targeted capex to enhance appeal.
- 3-mile demographics point to modest growth and a gradually expanding renter base.
- Risks: below-median safety and school ratings warrant conservative underwriting and active management.