| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 37th | Poor |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1567 Alamo Dr, Vacaville, CA, 95687, US |
| Region / Metro | Vacaville |
| Year of Construction | 1972 |
| Units | 26 |
| Transaction Date | 2012-03-26 |
| Transaction Price | $102,500 |
| Buyer | JO ANG PROPERTIES LP |
| Seller | GARBARINO SHERYL |
1567 Alamo Dr Vacaville Multifamily Investment
Inner-suburb location with strong daily-needs access and a renter base supported by a high-cost ownership market, according to WDSuite’s CRE market data. Investor focus centers on durable demand reinforced by proximity to parks and groceries and steady lease-up potential in Vacaville.
This Inner Suburb neighborhood in the Vallejo, CA metro carries a B+ neighborhood rating and ranks 31st among 98 metro neighborhoods, indicating performance that is competitive among Vallejo neighborhoods. Grocery and park access are notable strengths (both rank within the top decile locally), which supports day-to-day livability and helps stabilize renter demand.
At the neighborhood level, asking rents benchmark in the higher range for the region (nationally elevated by percentile), while occupancy trends sit around the national mid-range per WDSuite. For investors, that mix points to pricing power when operations are well managed, with attention to retention to keep turnover costs in check.
The property s 1972 vintage is older than the neighborhood s average construction year (1983), implying capital planning for systems, interiors, and common areas. That age profile can also create value-add upside where renovations align with the area s rent positioning and everyday-amenity strengths.
Within a 3-mile radius, demographics point to a sizable and diverse tenant base with recent population growth and households projected to increase further through 2028. A renter-occupied share around two-fifths suggests a moderate renter concentration that supports consistent multifamily absorption, while rising incomes in the area underpin the ability to sustain market-rate rents.
Home values in the neighborhood are elevated for the region, which reinforces reliance on multifamily housing for many residents and can aid lease retention. Investors should monitor rent-to-income levels to balance revenue goals with renewal risk, especially as household sizes ease slightly over time and product preferences shift toward renovated units.
Safety conditions are mixed relative to the region. Overall crime performance trends below the metro average (ranked on the higher side versus 98 Vallejo-area neighborhoods) and below the national average by percentile. Even so, property-related offenses have shown a meaningful year-over-year decline, placing the neighborhood among the stronger improvers locally and better than many areas nationally, according to WDSuite s CRE market data.
Investors should underwrite with prudent security and lighting measures and consider that reported violent incidents have recently ticked up year over year. Emphasizing visibility, access control, and resident engagement can help support perception and retention without overreliance on block-level assumptions.
Regional employment is diversified across paper products, healthcare administration, medical distribution, logistics, and energy, providing a broad commuter tenant base and supporting retention for workforce-oriented units.
- International Paper corporate offices (28.8 miles)
- Xerox State Healthcare healthcare administration (28.8 miles)
- Cardinal Health medical distribution (33.3 miles)
- DISH Network Distribution Center logistics & distribution (35.0 miles)
- Chevron energy (39.9 miles) HQ
1567 Alamo Dr offers investors a 26-unit, 1972-vintage asset positioned in a Vacaville neighborhood with strong daily-needs access and regionally elevated rent positioning. Based on CRE market data from WDSuite, neighborhood occupancy trends sit near the national midpoint while local grocery and park density are standouts, supporting steady leasing and day-to-day convenience that helps resident retention.
The asset s older vintage suggests clear value-add pathways through targeted renovations and systems modernization, with an addressable renter pool supported by a high-cost ownership landscape. Within a 3-mile radius, population and households have expanded and are projected to continue growing, expanding the tenant base and supporting rent durability as operators focus on renewals and expense control.
- Daily-needs strengths (grocery, parks) support leasing stability and renewal potential.
- 1972 vintage creates actionable value-add and CapEx-driven returns through modernization.
- High-cost ownership environment reinforces multifamily demand and pricing power.
- 3-mile household growth expands the renter pool, aiding absorption and occupancy over time.
- Risks: neighborhood safety trends are mixed and occupancy ranks weaker locally, requiring focused operations and resident experience.