| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 65th | Good |
| Amenities | 37th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8175 Sunbonnet Dr, Fair Oaks, CA, 95628, US |
| Region / Metro | Fair Oaks |
| Year of Construction | 1984 |
| Units | 78 |
| Transaction Date | 2001-04-09 |
| Transaction Price | $3,566,000 |
| Buyer | SUNGARDEN DUPLEXES INVESTORS LLC |
| Seller | SUNGARDEN SOUTH LTD |
8175 Sunbonnet Dr, Fair Oaks Multifamily Opportunity
Neighborhood occupancy is holding in the mid-90s and elevated home values in Fair Oaks sustain renter reliance on multifamily housing, according to WDSuite’s CRE market data. For investors, that combination points to stable leasing with potential for selective value-add at this 1984 vintage, 78-unit asset.
Fair Oaks (Inner Suburb) posts a B+ neighborhood rating and ranks 188 out of 561 across the Sacramento-Roseville-Folsom metro—competitive among metro neighborhoods. For investors, that positioning suggests balanced fundamentals without the pricing extremes seen in top-decile submarkets.
Schools are a relative strength: the average school rating sits around 4 of 5, placing the area in the top quartile nationally. Amenity density is mixed—grocery access is solid and restaurants are present, while cafes and parks are limited—so demand is driven more by suburban convenience than lifestyle clustering.
Rents in the neighborhood sit above national norms, and the rent-to-income profile indicates manageable affordability pressure that can support retention rather than aggressive turnover. The area’s elevated home values, coupled with a high value-to-income ratio, point to a high-cost ownership market—conditions that typically sustain multifamily demand and underpin occupancy stability.
Within a 3-mile radius, population and households have grown in recent years and are projected to continue expanding, supporting a larger tenant base over the next cycle. The renter-occupied share within this radius sits at roughly one-third of housing units, indicating a meaningful, diversified pool of potential tenants for midscale multifamily communities. These dynamics, based on commercial real estate analysis from WDSuite, align with steady leasing and moderate pricing power for well-managed assets.
Safety indicators are mixed relative to the region and nation. The neighborhood’s crime rank is in the lower half of Sacramento-Roseville-Folsom’s 561 neighborhoods, signaling that safety metrics trail the metro average. Nationally, the area sits around mid-range percentiles, suggesting neither an outlier risk nor a clear advantage.
Recent data show an uptick in property offenses year over year, while violent offense measures remain comparatively moderate in national terms. Investors typically account for these trends with pragmatic measures—lighting, access control, and resident engagement—to support retention and limit non-revenue loss, especially in suburban assets where visibility and site design can mitigate risk.
- Intel Folsom FM5 — technology (5.4 miles)
- DISH Network Distribution Center — logistics/distribution (12.2 miles)
- Cardinal Health — healthcare distribution (12.4 miles)
- International Paper — manufacturing/packaging (17.0 miles)
- Xerox State Healthcare — healthcare services (17.3 miles)
Nearby employers span technology, logistics, healthcare, and business services—supporting a broad workforce renter base and commute convenience for residents.
This 78-unit, 1984-vintage property in Fair Oaks benefits from a high-cost ownership landscape and neighborhood occupancy in the mid-90s, supporting steady leasing and durable cash flow. The vintage suggests scope for targeted capital planning—interiors, common areas, and systems—to capture value-add upside while remaining competitive against newer stock.
Within a 3-mile radius, recent and projected growth in population and households indicates a larger renter pool ahead, reinforcing demand depth. Based on CRE market data from WDSuite, school quality sits in the top quartile nationally and neighborhood standings are competitive within the metro, while amenity density is suburban in character—adequate for daily needs, though not lifestyle-led. Balanced fundamentals with measured operational improvements present a straightforward, execution-focused thesis.
- Occupancy stability in the neighborhood and high-cost ownership bolster renter demand and retention
- 1984 vintage supports a practical value-add plan across interiors and building systems
- Strong school ratings and workforce access underpin leasing fundamentals
- Risk: mixed safety metrics and limited lifestyle amenities suggest focus on security and resident experience