| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 43rd | Poor |
| Amenities | 50th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2150 Benita Dr, Rancho Cordova, CA, 95670, US |
| Region / Metro | Rancho Cordova |
| Year of Construction | 1975 |
| Units | 70 |
| Transaction Date | 2014-11-11 |
| Transaction Price | $4,575,000 |
| Buyer | FEINSTEIN ZELMA |
| Seller | WATKINSON MARGARET F |
2150 Benita Dr Rancho Cordova 70-Unit Multifamily
Neighborhood occupancy runs high and has remained resilient, supporting stable collections and retention according to WDSuite’s CRE market data. With renter demand reinforced by a sizable renter-occupied share at the neighborhood level, the asset benefits from durable fundamentals in Sacramento’s inner-suburban corridor.
Situated in an inner-suburban pocket of Rancho Cordova, the neighborhood posts strong occupancy and competitive standing within the Sacramento-Roseville-Folsom metro. The neighborhood 7s occupancy rate ranks 209 out of 561 metro neighborhoods a0 837% of the pack 9, putting it competitive among Sacramento neighborhoods and in the top quartile nationally for occupancy. That backdrop points to steady leasing and limited downtime for well-managed multifamily assets.
Quality-of-life factors are balanced: park access is a highlight (parks density ranks 85 of 561; top quartile nationally), while restaurants are reasonably accessible (around the 70th national percentile). Grocery access is moderate (roughly the 63rd percentile), but cafés and pharmacies are thinner locally, which investors should factor into resident convenience positioning. Average school ratings sit near national mid-pack, suggesting mainstream expectations rather than a premium school draw.
Tenure patterns support depth of demand: the neighborhood shows a substantial share of renter-occupied housing units (rank 129 of 561; top decile nationally for renter concentration), indicating a broad tenant base for multifamily. Within a 3-mile radius, demographics show population and household growth over the last five years, with projections through 2028 pointing to continued population growth and a larger household base a0 d both supportive of multifamily leasing and occupancy stability. These 3-mile statistics are aggregated and signal a gradually expanding renter pool.
Pricing context favors rentals: neighborhood home values sit in a higher national percentile, and the value-to-income ratio ranks in the upper tier metro-wide, indicating a high-cost ownership market that tends to sustain renter reliance on multifamily housing. At the same time, rent-to-income levels near the neighborhood point to manageable affordability pressure, aiding lease retention while leaving room for disciplined revenue management.
Crime indicators at the neighborhood level are above the national midpoint (national safety percentile near the high-50s) and competitive among Sacramento neighborhoods (crime rank 189 of 561). Recent trends are constructive: estimated violent and property offense rates have declined year over year, with both categories moving lower according to WDSuite 27s data. As with any infill suburban location, prudent on-site security and lighting can further support resident comfort and retention.
Nearby employment nodes in technology, logistics, and healthcare services help support renter demand through commute convenience and a diversified workforce. Key employers within a typical drive include Intel, DISH Network, Cardinal Health, International Paper, and Xerox State Healthcare.
- Intel Folsom FM5 2d technology & engineering offices (6.9 miles)
- DISH Network Distribution Center 2d distribution & logistics (7.9 miles)
- Cardinal Health 2d healthcare distribution (9.5 miles)
- International Paper 2d packaging & paper operations (14.0 miles)
- Xerox State Healthcare 2d healthcare technology services (14.8 miles)
2150 Benita Dr offers investors a 70 2dunit, 1975 2dvintage asset positioned in a neighborhood that is competitive within the Sacramento metro and top quartile nationally for occupancy a0 d a combination that supports stable collections and limited downtime. The 1975 construction is newer than the neighborhood 27s average stock, aiding relative competitiveness versus older properties, while still leaving room for targeted modernization and value 2dadd upgrades where systems or finishes have aged. Based on commercial real estate analysis from WDSuite, neighborhood rent levels have risen over the past five years and ownership costs remain elevated, reinforcing renter reliance on multifamily housing.
Within a 3 2dmile radius, population and households have grown and are projected to expand further by 2028, indicating a larger tenant base and supporting occupancy stability. The local renter 2doccupied share and high 2dcost ownership context suggest durable demand, while amenity access is anchored by strong parks and everyday retail; operators should note thinner café and pharmacy density when shaping resident services and marketing.
- Occupancy strength: competitive within the metro and top quartile nationally, supporting stable leasing
- 1975 vintage: relatively newer than area stock with clear value 2dadd and modernization pathways
- Demand drivers: growing 3 2dmile population and households signal a larger renter base through 2028
- Renters reinforced by high 2dcost ownership context, aiding retention and pricing power management
- Risks: thinner café/pharmacy presence and standard 2dgrade schools may temper some lifestyle appeal