| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Poor |
| Demographics | 38th | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 211 E D St, Dixon, CA, 95620, US |
| Region / Metro | Dixon |
| Year of Construction | 2006 |
| Units | 81 |
| Transaction Date | 2003-11-04 |
| Transaction Price | $550,000 |
| Buyer | DIXON HOUSING INVESTORS LP |
| Seller | DUTRA EVELYN FAY |
211 E D St Dixon Multifamily Investment
This 81-unit property built in 2006 benefits from stable neighborhood occupancy at 96.1% and strong rental demand fundamentals, according to CRE market data from WDSuite.
Dixon's suburban character supports consistent multifamily demand with 96.1% neighborhood-level occupancy, ranking in the 78th percentile nationally. The area maintains a balanced housing tenure mix with 40.2% of units renter-occupied, ranking among the top third of the 98 metro neighborhoods and indicating solid rental market depth.
Demographics within a 3-mile radius show household income growth of 30.2% over five years to a median of $95,951, supporting tenant retention and renewal rates. The area projects continued population growth of 16.1% through 2028, expanding the potential renter pool and reinforcing occupancy stability. Median contract rents of $1,477 reflect 23.9% growth over five years, demonstrating pricing power in this suburban market.
The property's 2006 construction year positions it as newer than the neighborhood average of 1959, potentially reducing near-term capital expenditure needs while maintaining competitive appeal. Local amenities include adequate restaurant density and park access, both ranking in the upper quartiles nationally, supporting tenant satisfaction and retention rates.
The neighborhood demonstrates moderate safety metrics with property crime rates showing a 10.5% year-over-year decline and violent crime down 15.1%. While crime rates rank in the middle tier among the 98 metro neighborhoods, the downward trend in both categories suggests improving conditions that support tenant retention and property appeal.
The Dixon area benefits from proximity to diversified corporate employment anchors that support workforce housing demand and commuter convenience.
- Xerox State Healthcare — healthcare services (17.2 miles)
- International Paper — manufacturing (17.3 miles)
- Cardinal Health — healthcare distribution (21.9 miles)
- DISH Network Distribution Center — logistics (24.2 miles)
- Intel Folsom FM5 — technology (37.9 miles)
This 81-unit Dixon property presents a stable suburban multifamily investment supported by strong neighborhood fundamentals and demographic tailwinds. The 2006 construction year provides modern appeal while avoiding the capital intensity of older vintage properties. With 96.1% neighborhood-level occupancy and household income growth of 30.2% over five years, the asset benefits from both current stability and improving tenant quality.
Projected population growth of 16.1% through 2028 within the 3-mile radius supports continued rental demand, while the area's 40.2% renter-occupied housing share indicates established multifamily market depth. According to multifamily property research from WDSuite, the combination of income growth, population expansion, and stable occupancy creates favorable conditions for lease retention and measured rent growth.
- Strong occupancy fundamentals with 96.1% neighborhood-level rates ranking in 78th percentile nationally
- Household income growth of 30.2% over five years supporting tenant retention
- 2006 construction reduces near-term capital expenditure requirements
- Projected 16.1% population growth through 2028 expanding renter pool
- Risk consideration: School ratings below metro average may limit family tenant appeal