| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 52nd | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6101 Shupe Dr, Citrus Heights, CA, 95621, US |
| Region / Metro | Citrus Heights |
| Year of Construction | 1985 |
| Units | 56 |
| Transaction Date | 1999-02-09 |
| Transaction Price | $2,930,000 |
| Buyer | SUMMERS WORTH CARY |
| Seller | SHANKAR KUPPE G |
6101 Shupe Dr Citrus Heights Multifamily Investment
This 56-unit property from 1985 operates in a B+ rated neighborhood with 96.5% occupancy and strong rental demand fundamentals. Commercial real estate analysis from WDSuite shows the area ranking in the top quartile nationally for grocery access and school quality.
The property sits in a B+ rated Inner Suburb neighborhood that ranks 149th among 561 Sacramento metro neighborhoods, placing it above metro median performance. Built in 1985, this asset aligns with the neighborhood's 1973 average construction year, suggesting potential value-add opportunities through strategic renovations and unit improvements.
Neighborhood occupancy reaches 96.5%, ranking in the 80th national percentile and indicating strong tenant retention dynamics. With 50.4% of housing units renter-occupied (88th national percentile), the area maintains robust rental demand depth. Median contract rents of $1,605 have grown 45% over five years, though rent-to-income ratios remain manageable at 0.18.
Demographics within a 3-mile radius show a population of 127,026 with median household income of $83,398. Projections indicate household growth of 31.6% through 2028, expanding the potential tenant base. The area benefits from exceptional amenity access, ranking in the 96th national percentile for grocery stores and 98th percentile for pharmacies, supporting tenant appeal and retention.
Local schools average 4.0 out of 5 stars, ranking 25th among metro neighborhoods and in the 84th national percentile. Home values averaging $460,962 with 63% growth over five years reinforce rental demand as elevated ownership costs sustain renter reliance on multifamily housing options.
The neighborhood demonstrates above-average safety metrics, ranking 124th among 561 Sacramento metro neighborhoods for overall crime and in the 65th national percentile. Property crime rates of 93.7 per 100,000 residents have declined significantly, dropping 56.9% year-over-year and ranking in the 91st national percentile for crime reduction trends.
Violent crime rates remain moderate at 37.7 per 100,000 residents, with a 7.1% year-over-year decline. The improving safety trajectory supports tenant retention and can enhance the property's competitive positioning within the submarket for lease renewals and new resident attraction.
The Sacramento metro employment base provides diverse workforce housing demand, anchored by major corporate offices within commuting distance of the property.
- Intel Folsom FM5 — technology manufacturing (7.4 miles)
- Cardinal Health — healthcare distribution (10.6 miles)
- DISH Network Distribution Center — telecommunications logistics (11.2 miles)
- International Paper — manufacturing (15.2 miles)
- Xerox State Healthcare — business services (15.4 miles)
This 56-unit property from 1985 presents compelling multifamily fundamentals in a stable Sacramento submarket. The neighborhood's 96.5% occupancy rate and 50.4% renter-occupied housing share indicate sustained rental demand, while projected household growth of 31.6% through 2028 supports long-term tenant pool expansion. The 1985 vintage offers value-add potential through strategic unit renovations and common area improvements.
According to CRE market data from WDSuite, the area's B+ neighborhood rating reflects strong fundamentals including top-quartile national rankings for grocery access and school quality. Five-year rent growth of 45% demonstrates pricing power, though investors should monitor the rent-to-income ratio at 0.18 for affordability pressure on renewals.
- High occupancy rate of 96.5% indicates strong tenant retention and market stability
- Projected 31.6% household growth through 2028 expands potential tenant base
- 1985 construction year offers value-add renovation opportunities
- Exceptional amenity access with top-quartile grocery and pharmacy density
- Risk factor: Monitor rent-to-income ratios and potential affordability pressure on lease renewals