| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 37th | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 254 Palin Ave, Galt, CA, 95632, US |
| Region / Metro | Galt |
| Year of Construction | 1977 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
254 Palin Ave, Galt CA Multifamily Investment
Stabilized renter demand and competitive neighborhood fundamentals support durable operations, according to WDSuite’s CRE market data. Positioned in Sacramento’s southern inner suburbs, the asset benefits from steady occupancy and a broad commuter tenant base.
Galt sits within the Sacramento-Roseville-Folsom metro and this neighborhood is competitive among 561 metro neighborhoods (ranked 217 of 561), with retailers and daily needs close at hand. Grocery, pharmacy, and restaurant density rank in the top quartile locally (each within the top 111 of 561), and restaurant options are strong by national standards as well. The notable gap is park access, which ranks last among metro peers, so on-site amenities and private open space can matter for tenant retention.
Neighborhood occupancy trends track above national norms (72nd percentile nationally), which supports income stability across cycles based on CRE market data from WDSuite. The share of renter-occupied housing in the immediate neighborhood is above the metro median (ranked 175 of 561), indicating a meaningful tenant pool for a 54-unit property. Within a broader 3-mile radius, tenure skews more owner-heavy, which can temper competition for renters but also implies some households may consider ownership alternatives.
Schools rate modestly above the national median (61st percentile) and are competitive within the metro (top quartile by rank), a factor that can aid family-oriented leasing. Median contract rents benchmark in the upper-mid range nationally, while the rent-to-income profile is relatively manageable (low national percentile), supporting lease retention and measured pricing power.
Vintage matters: built in 1977, the property is newer than the neighborhood’s older average stock (1960). That positioning can enhance competitiveness versus aging comparables, while still leaving room for targeted modernization to drive rent premiums and reduce near-term CapEx variability.
Safety metrics for the neighborhood sit near the national middle overall (crime near the 51st percentile nationally). Property and violent offense rates benchmark weaker than national medians; however, one-year trend data show substantial improvement, with declines among the stronger readings nationally. For investors, this mix points to cautious underwriting today with recognition of recent positive momentum.
Compared with other areas in the Sacramento-Roseville-Folsom metro (561 neighborhoods), the neighborhood’s position suggests conditions that are neither the most challenging nor the strongest, reinforcing a balanced risk view rather than an outlier profile.
Regional employers within commuting range support a diverse renter base, including distribution, healthcare services, paper and packaging, technology, and consumer products operations that can sustain leasing and reduce downtime.
- DISH Network Distribution Center — distribution (19.2 miles)
- Cardinal Health — healthcare services (24.8 miles)
- International Paper — paper & packaging (24.8 miles)
- Xerox State Healthcare — healthcare IT & services (26.7 miles)
- Intel Folsom FM5 — semiconductor offices (27.6 miles)
This 54-unit, 1977-vintage asset aligns with steady neighborhood fundamentals: occupancy trends outperform national averages, renter concentration is above the metro median, and daily-needs retail is strong, according to CRE market data from WDSuite. The property’s vintage is newer than much of the surrounding stock, supporting competitive positioning while leaving scope for selective value-add to modernize systems and finishes.
Within a 3-mile radius, modest population growth and a forecast increase in households point to a larger tenant base over the medium term. Elevated ownership costs relative to incomes in the area reinforce reliance on multifamily housing, while rent-to-income levels suggest manageable affordability pressure that can support retention and disciplined rent growth. Key watch items include limited park access locally and a safety profile that, while improving, warrants conservative assumptions.
- Competitive occupancy and renter concentration support income stability
- Strong daily-needs retail and restaurants; top-quartile amenity access in metro
- 1977 vintage is newer than local average, enabling strategic value-add
- 3-mile household growth outlook expands the tenant pool
- Risks: limited park access and a safety profile that merits careful underwriting