| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Fair |
| Demographics | 16th | Poor |
| Amenities | 25th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6012 Alberta Ave, Marysville, CA, 95901, US |
| Region / Metro | Marysville |
| Year of Construction | 1980 |
| Units | 48 |
| Transaction Date | 2016-02-29 |
| Transaction Price | $708,500 |
| Buyer | MARYSVILLE ALBERTA GARDENS LP |
| Seller | ALBERTA GARDENS INVESTMENT COMPANY |
6012 Alberta Ave Marysville CA Multifamily Investment
Neighborhood-level occupancy is exceptionally stable and renter demand is deep, according to WDSuite’s CRE market data, positioning this asset for steady leasing performance.
Located in Marysville’s Inner Suburb (neighborhood rating C- among 56 metro neighborhoods), this area shows consistently full neighborhood occupancy and a high share of renter-occupied housing, signaling a sizable tenant base and potential leasing durability. The property’s 1980 vintage is newer than the neighborhood’s average construction year (1962), which supports competitive positioning versus older stock; investors should still underwrite for aging systems and targeted modernization. Amenity access is mixed: grocery and restaurant density are competitive within the metro and land in higher national percentiles, while parks, pharmacies, cafes, and childcare are sparse—factors that may influence resident mix and retention strategies. School performance is limited relative to metro peers, suggesting this location caters more to workforce renters than to families prioritizing top-rated schools. Within a 3-mile radius, WDSuite data indicates recent population growth with further expansion forecast over the next five years, alongside an increase in total households—conditions that typically enlarge the renter pool and support occupancy stability. In housing economics, a high value-to-income ratio (upper national percentiles) points to a high-cost ownership market that sustains reliance on rental housing, while moderate rent-to-income levels can support lease retention. Near-term rent levels in the immediate neighborhood are low versus broader metro norms, but 3-mile trends and forecasts indicate rising asking rents, which can benefit well-managed assets without overextending affordability.
Comparable neighborhood crime metrics are not published in the provided dataset for this location. Investors typically benchmark safety using broader Yuba City metro trends, property-level measures (lighting, controlled access, on-site management), and third-party reporting over time to gauge trajectory and potential impacts on leasing and retention.
Regional employment centers across the Sacramento area are within commuting range, supporting workforce renter demand and lease stability for residents tied to healthcare, manufacturing, technology, and distribution roles listed below.
- Cardinal Health — healthcare distribution (37.0 miles)
- Xerox State Healthcare — healthcare technology services (37.2 miles)
- International Paper — paper & packaging (38.7 miles)
- Intel Folsom FM5 — semiconductor offices (38.8 miles)
- DISH Network Distribution Center — logistics & distribution (42.0 miles)
6012 Alberta Ave is a 48-unit, 1980-vintage community with average unit sizes near 759 sq. ft., positioned in a neighborhood where renter-occupied housing is concentrated and neighborhood occupancy reads consistently full. This backdrop, combined with 3-mile demographic expansion and rising rent projections, supports a case for stable tenancy and measured revenue growth with operational execution. Based on CRE market data from WDSuite, the area’s high-cost ownership context reinforces reliance on rental housing, while moderate rent-to-income levels point to manageable affordability that can aid retention; investors should still plan for selective capital improvements typical of 1980s assets.
- Full neighborhood occupancy and deep renter base support leasing stability
- 3-mile population and household growth expand the tenant pool over the next five years
- High-cost ownership market sustains rental demand; rent-to-income levels remain manageable for retention
- Risks: thinner amenity and school profiles, commuting distances to major job centers, and capex needs for a 1980 asset