| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Poor |
| Demographics | 51st | Fair |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9601 Kent St, Elk Grove, CA, 95624, US |
| Region / Metro | Elk Grove |
| Year of Construction | 1988 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9601 Kent St Elk Grove Multifamily Opportunity
Neighborhood occupancy has generally held in the mid-90s, supporting stable leasing conditions according to WDSuite’s CRE market data. Strong park access and solid school ratings balance a more suburban retail mix, pointing to steady renter demand rather than transient turnover.
Situated in suburban Elk Grove within the Sacramento-Roseville-Folsom metro, the property benefits from a neighborhood rated C with characteristics that favor stable tenancy over high-churn traffic. Neighborhood occupancy is competitive relative to the metro and sits in the top quartile nationally, suggesting resilience for rent rolls even through cycles (measured for the neighborhood, not the property).
Livability is anchored by abundant parks (high national percentile for park access), while the immediate retail mix skews suburban: restaurants are relatively dense compared with national norms, but daily-needs uses like groceries and pharmacies are less concentrated in the immediate blocks. For investors, that means residents likely rely on nearby corridors for errands, which tends to sustain, rather than spike, foot-traffic-driven premiums.
Schools in the neighborhood average around a 3 out of 5 rating and sit above the national midpoint, a family-oriented signal that often supports length of stay and lease retention. Median home values rank in a high national percentile, indicating a higher-cost ownership market that can reinforce reliance on multifamily rentals and support pricing power for well-managed assets.
Within a 3-mile radius, demographics show recent population growth and an increase in households, with incomes trending higher and rents rising off a solid base. The neighborhood’s renter-occupied share is roughly one-quarter of housing units, indicating a defined but not saturated renter pool—useful for underwriting depth of demand and renewal strategies.
Vintage matters for competitiveness: built in 1988, the asset is newer than the neighborhood’s average vintage, which can improve positioning versus older stock. Investors should still plan for system modernization and selective upgrades to meet current renter expectations and sustain occupancy stability.
Safety indicators are comparatively favorable for the metro: the neighborhood’s crime rank is in the top quartile among 561 Sacramento-area neighborhoods, and overall safety trends place the area above the national midpoint. Property offenses benchmark in a high national percentile and have improved materially year over year, signaling reduced risk of theft-related incidents relative to many U.S. neighborhoods.
Violent offense measures track closer to the national middle and recently ticked higher, which warrants monitoring as part of ongoing asset management. In short, the area compares well within the metro and is broadly above national averages, with the best momentum in property-crime measures.
Proximity to regional employment nodes supports workforce housing demand and commute convenience, led by logistics, healthcare services, packaging, and technology employers noted below.
- DISH Network Distribution Center — logistics & distribution (8.5 miles)
- Cardinal Health — healthcare distribution (14.1 miles)
- International Paper — packaging & paper (14.7 miles)
- Xerox State Healthcare — healthcare IT & services (16.5 miles)
- Intel Folsom FM5 — semiconductors (19.3 miles)
This 50-unit, 1988-vintage asset in Elk Grove aligns with durable suburban fundamentals: neighborhood occupancy sits above metro medians and in the top quartile nationally, parks and schools support family-oriented tenancy, and a high-cost ownership landscape bolsters reliance on rentals. Based on commercial real estate analysis from WDSuite, the area’s relative safety profile and improving property-crime momentum complement stable demand signals.
Within a 3-mile radius, population and household counts have grown with further expansion projected, incomes are elevated, and rents have advanced from a solid base—factors that point to a larger tenant base and support for occupancy stability. While the renter-occupied share is modest and neighborhood retail density is limited in the immediate blocks, the asset’s newer-than-average vintage provides competitive positioning; targeted modernization can capture value while maintaining leasing strength.
- Stable neighborhood occupancy and family-oriented dynamics support lease retention
- High ownership costs locally reinforce rental demand and pricing power
- 1988 vintage offers competitive edge versus older stock, with value-add potential through modernization
- Regional employers across logistics, healthcare, and tech sustain a diversified renter base
- Risks: owner-tilted housing mix and limited walkable retail; monitor violent-crime trend