| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 67th | Good |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9191 Elk Grove Blvd, Elk Grove, CA, 95624, US |
| Region / Metro | Elk Grove |
| Year of Construction | 1995 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9191 Elk Grove Blvd Elk Grove Multifamily Investment
Neighborhood occupancy has remained resilient, supporting stable leasing conditions for a 50-unit asset, according to WDSuite’s CRE market data. In Elk Grove’s inner-suburban setting, steady renter demand pairs with an owner-leaning housing base that can aid retention, based on neighborhood trends from commercial real estate analysis rather than property-specific performance.
Elk Grove’s inner-suburban setting offers daily conveniences and family-oriented livability that support renter retention. Neighborhood amenities test above metro norms: parks and open space are competitive (park access sits in the top quartile nationally), and pharmacies and grocery options score well relative to peers. School quality is a local strength, with average ratings near the top of the Sacramento-Roseville-Folsom metro (ranked among the best 25 of 561 neighborhoods) and in the upper national percentiles, according to WDSuite’s CRE market data.
Renter-occupied housing comprises a minority share of local units, indicating an owner-leaning area; for multifamily owners, this typically translates to a deeper pool of long-term residents and steadier renewal patterns rather than transient turnover. At the same time, elevated home values (upper national percentiles) signal a high-cost ownership market that can reinforce reliance on rental housing and support pricing discipline. Neighborhood occupancy trends are strong—competitive among Sacramento-area neighborhoods and in the top quartile nationally—which can underpin cash flow stability for well-managed assets.
Within a 3-mile radius, population and households have expanded in recent years, and forecasts point to continued growth in both households and incomes over the next five years. That expansion, alongside a rising share of higher-earning households, suggests a larger tenant base and supports rent levels aligned with local incomes, helping manage affordability pressure and lease retention as part of multifamily property research.
Vintage positioning matters here: the property’s 1995 construction is newer than the neighborhood’s average 1970s housing stock, offering a competitive edge versus older comparables. Investors should still plan for targeted modernization of building systems and common areas to sustain positioning against newer deliveries, but the relative vintage advantage can reduce near-term capital friction compared to pre-1980s assets.
Neighborhood safety benchmarks trend favorable versus both the metro and the nation. Overall crime indicators place the area above the metro average and in the safer end of national comparisons (top quartile nationally), based on WDSuite’s data. Recent readings also indicate year-over-year declines in violent incidents and property offenses, which supports resident satisfaction and lease stability.
As always, safety can vary by block and over time; investors should validate on-the-ground conditions and monitor trends, but the current trajectory and comparative standing are constructive for workforce and family renter demand.
Nearby logistics, healthcare services, paper/packaging, and technology employers provide a diverse employment base that supports commute convenience and multifamily leasing stability.
- DISH Network Distribution Center — logistics/distribution (8.5 miles)
- Cardinal Health — healthcare distribution (14.0 miles)
- International Paper — paper & packaging (14.6 miles)
- Xerox State Healthcare — healthcare services (16.5 miles)
- Intel Folsom FM5 — semiconductor/design offices (19.3 miles)
9191 Elk Grove Blvd offers scale at 50 units with a 1995 vintage that is competitive against the neighborhood’s older housing stock. Strong neighborhood occupancy, an owner-leaning tenure mix, and a high-cost ownership market collectively support renter demand depth and renewal stability. Within a 3-mile radius, population and household growth—along with rising income tiers—point to a larger tenant base and sustained absorption potential for well-positioned product.
According to CRE market data from WDSuite, this neighborhood ranks in the top quartile among 561 Sacramento-area neighborhoods on overall livability, with schools and amenities that support family-oriented demand. While café density is limited relative to other amenity types, grocery, park access, and pharmacies are competitive, reinforcing day-to-day convenience for residents.
- Strong neighborhood occupancy and high-cost ownership market support rental demand and pricing discipline
- 1995 vintage offers competitive positioning versus older local stock with targeted modernization upside
- 3-mile population and household growth expand the tenant base and support absorption
- Diverse nearby employers underpin renter stability and commute convenience
- Risks: owner-leaning tenure and limited café density may temper lease-up velocity and lifestyle appeal; plan for selective CapEx on a mid-1990s asset