| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 59th | Good |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2390 Nut Tree Rd, Vacaville, CA, 95687, US |
| Region / Metro | Vacaville |
| Year of Construction | 1984 |
| Units | 46 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2390 Nut Tree Rd Vacaville Multifamily Investment
Neighborhood occupancy has held firm above the metro median and ownership costs are elevated for the area, supporting steady renter demand, according to WDSuite’s CRE market data. This positioning favors durable cash flow potential for a well-managed 46-unit asset.
Located in Vacaville’s inner suburb within the Vallejo, CA metro, the neighborhood posts occupancy levels above the metro median and in the top quartile nationally, signaling demand resilience for stabilized multifamily. Median contract rents sit on the higher end for the region, while rent-to-income levels remain manageable, a combination that can support retention and measured pricing power based on CRE market data from WDSuite.
Local dynamics skew more owner-occupied at the neighborhood level, which often concentrates renter demand into professionally managed properties. Within a 3-mile radius, the renter-occupied share is closer to one-third, indicating a deeper tenant base for leasing and renewal activity than the immediate block group cluster alone might suggest.
Livability features are anchored by strong everyday convenience rather than destination retail. Grocery access ranks competitively in the metro and above national norms, and park access rates in the top decile nationally, offering lifestyle appeal for households. Food-and-beverage density is thinner within the neighborhood itself, so many residents rely on nearby corridors for dining and cafes.
Schools in the area average around the middle of regional and national comparisons, and the adult education mix trends above the national median. For investors, this mix supports workforce housing fundamentals with a broad household income barbell and steady in-migration from nearby job centers.
Neighborhood safety compares around or slightly above the national middle, with year-over-year declines in both property and violent incident estimates. The pace of improvement over the past year ranks in the stronger range nationally, indicating a constructive trend without making block-level claims. As always, investors should evaluate property-level controls and lighting, and consider standard security measures as part of asset management.
Proximity to regional corporate nodes supports commuter convenience and a stable renter pool, with nearby roles concentrated in manufacturing, healthcare administration, logistics, and energy. Key employers include International Paper, Xerox State Healthcare, Cardinal Health, DISH Network Distribution Center, and Chevron.
- International Paper — manufacturing (27.2 miles)
- Xerox State Healthcare — healthcare administration (27.2 miles)
- Cardinal Health — medical distribution (31.7 miles)
- DISH Network Distribution Center — logistics (33.3 miles)
- Chevron — energy (40.4 miles) — HQ
Built in 1984, the property should be evaluated for periodic system updates and unit modernization, which can create value-add upside relative to newer competing stock. Elevated home values in the neighborhood reinforce reliance on rental housing, while occupancy stability and manageable rent-to-income levels support steady leasing and renewal performance.
Population and households within a 3-mile radius are expanding, pointing to a larger tenant base in the years ahead. According to commercial real estate analysis from WDSuite, neighborhood occupancy trends remain competitive among Vallejo metro neighborhoods, and rent growth has been supported by strong incomes, suggesting room for targeted unit upgrades and amenity refreshes without overextending affordability.
- Occupancy above the metro median and top-quartile nationally supports stable cash flow
- High-cost ownership market sustains renter demand and retention
- 1984 vintage offers value-add through targeted renovations and system upgrades
- Risk: thinner on-neighborhood dining/cafe options; leasing may rely on access to nearby corridors and amenity enhancements