| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 37th | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 280 Oak Ave, Galt, CA, 95632, US |
| Region / Metro | Galt |
| Year of Construction | 1985 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
280 Oak Ave Galt Multifamily Investment Position
Neighborhood occupancy is stable with a sizable renter-occupied share, supporting durable tenant demand, according to WDSuite’s CRE market data. The property’s 50-unit scale offers operational efficiency in a submarket where ownership costs favor multifamily renting.
Competitive among Sacramento-Roseville-Folsom neighborhoods, this inner-suburban location shows above-median occupancy and a meaningful base of renter-occupied units — indicators of steady leasing conditions rather than transient demand. Restaurants, groceries, pharmacies, and cafés are comparatively dense for the metro, while park access is limited locally; investors can expect daily-needs convenience but should not underwrite to park-driven lifestyle premiums.
Within a 3-mile radius, demographics point to modest recent population growth with projections for additional household expansion, indicating a gradually enlarging tenant base. Median school ratings land around the middle of the pack, which can support retention for family renters without commanding top-tier school premiums.
The neighborhood’s housing stock skews older (average vintage around 1960), while the subject’s 1985 construction is newer than local norms. That positioning can be competitive versus older comparables, though systems from this era may still warrant targeted modernization to sustain rentability and reduce near-term CapEx surprises.
Home values in the area are elevated relative to incomes, reinforcing reliance on multifamily housing and supporting demand depth. At the same time, rent-to-income levels suggest some affordability pressure, making prudent lease management and renewal strategies important for pricing power and retention.
Safety indicators in this neighborhood track around the national middle overall, with recent data showing notable year-over-year declines in both violent and property offenses, based on WDSuite’s market data. While national percentiles suggest the area remains less safe than higher-ranked locales, the improving trend is a constructive signal for long-term investors.
Compared with other neighborhoods in the Sacramento-Roseville-Folsom metro (561 total), the area reflects a mid-range profile: not a top performer, but demonstrating momentum as offense rates have moved lower. Underwriting should incorporate continued vigilance on security and lighting, balanced against the positive directional trend.
Regional employment is anchored by distribution, healthcare, paper/packaging, and technology offices within commuting range — a mix that supports workforce renter demand and helps stabilize leasing through cycle turns.
- DISH Network Distribution Center — logistics & distribution (19.2 miles)
- Cardinal Health — healthcare distribution (24.7 miles)
- International Paper — paper & packaging (24.8 miles)
- Xerox State Healthcare — healthcare services (26.6 miles)
- Intel Folsom FM5 — semiconductor offices (27.6 miles)
Built in 1985 with 50 units, the property is newer than much of the surrounding housing stock, offering relative competitiveness versus older assets while presenting selective value-add opportunities in interiors, common areas, and systems. Neighborhood occupancy trends are above the national median and renter-occupied share is substantial, supporting a stable tenant base and consistent leasing velocity. According to CRE market data from WDSuite, local home values are elevated relative to incomes, which helps sustain multifamily demand.
Within a 3-mile radius, recent population gains and projected increases in households point to gradual renter pool expansion that can support occupancy stability over a longer hold. Amenities are strong for daily needs, though limited park access and some affordability pressure suggest a measured approach to rent growth and renewal strategy. Improving safety trends further support a steady, operations-focused thesis.
- Above-median neighborhood occupancy and meaningful renter concentration support steady leasing
- 1985 vintage offers competitive positioning vs. older stock with targeted value-add upside
- Elevated ownership costs in the area reinforce multifamily demand and retention potential
- 3-mile demographics indicate gradual renter pool expansion to support occupancy stability
- Risks: some affordability pressure, limited park access, and mid-range safety requiring active management