Rio Terrace Apartments
Multifamily | 5.27% CAP | 29 Units
Marketing description
As the capital to the largest U.S. state economy, the Sacramento-Roseville-Arden-Arcade metro is a hub of public and private sector activity. Two major universities foster an educated workforce that draws new companies to the market. New job opportunities, in turn, foster population growth as more households seek residential options in less dense areas. Lying in the middle of the 450-mile-long Central Valley, the metro comprises four counties: Sacramento, El Dorado, Placer and Yolo. More than 2.5 million people call the area home, and unlike the nearby Bay Area, Sacramento is seismically quiet, making it an ideal location fordata centers and cloud computing storage. The city of Sacramento is the most populous, atapproximately 526,000 residents, followed by Elk Grove and Roseville. The metro is a more typically automobile-centric environment than neighboring San Francisco
Investment highlights
- Sacramento is home to the California State Capitol, making the government sector important to the region’s economy, even with its recent diversification.
- University of California, Davis and California State University, Sacramento, along with associated medical systems, prop up a large education and health services ecosystem, forming a broad base for employment, along with many area hospitals.
- As the most populous metro in California’s fertile Central Valley, Sacramento is the hub for the United State’s largest agriculture market by dollar-value of output sold.
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