| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Good |
| Demographics | 59th | Fair |
| Amenities | 53rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 40 Brannan St, Calistoga, CA, 94515, US |
| Region / Metro | Calistoga |
| Year of Construction | 2010 |
| Units | 24 |
| Transaction Date | 2007-07-31 |
| Transaction Price | $750,000 |
| Buyer | PALISADES INVESTORS LP |
| Seller | PALISADES CALISTOGA RESORT LP |
40 Brannan St Calistoga Multifamily Investment Opportunity
2010 vintage with institutional unit sizes positions this 24-unit asset competitively versus older neighborhood stock, supporting leasing traction and steady operations, according to WDSuite’s CRE market data. Neighborhood occupancy has trended upward, indicating demand resilience for well-maintained communities.
Calistoga’s neighborhood surrounding 40 Brannan St rates A- and ranks 10th of 45 in the Napa metro, placing it in the top quartile locally. For investors, that relative position signals durable fundamentals and a tenant base supported by everyday conveniences and established community services rather than transient demand.
Amenity access is a clear strength: restaurants and cafés rank in the top quartile among Napa neighborhoods, with grocery, parks, and pharmacies also performing at or above the metro median. This concentration of daily-needs retail tends to aid retention and supports consistent leasing velocity for multifamily assets.
Rents in the neighborhood have grown over the last five years while remaining supported by household incomes, and the rent-to-income profile suggests manageable affordability pressure that can favor renewal rates and measured pricing power. Median home values are elevated versus national norms, a characteristic that typically sustains renter reliance on multifamily housing and deepens the tenant pool.
Within a 3-mile radius, demographics indicate a stable population with rising incomes and a mix that skews toward prime working ages alongside a meaningful 65+ cohort. Projections point to a larger number of households and smaller average household size ahead, which can expand the renter pool and support occupancy stability for well-located properties.
The property’s 2010 construction is newer than the neighborhood’s older housing stock (average vintage mid-1950s), offering a competitive edge on unit layouts and systems. From an investor lens, mid-life capital planning and selective upgrades can further differentiate the asset against older comparables while sustaining operational reliability.
Relative to other Napa metro neighborhoods, the area ranks 14th of 45 on crime measures, which places it below the metro median. Nationally, the neighborhood tracks around the middle of the pack on violent incidents and below average on property incidents. For investors, the comparative read suggests standard risk management, access control, and community coordination should remain priorities to support leasing and retention.
Recent year-over-year readings indicate some upward movement in incident rates. While neighborhood-level trends can fluctuate, continued monitoring and property-level best practices can help maintain the resident experience and protect operating performance over time.
Logistics employment within commuting range supports workforce housing demand and commute convenience that can aid retention. Notable nearby employer:
- FedEx — logistics (12.6 miles)
This 24-unit community at 40 Brannan St pairs a 2010 vintage with neighborhood fundamentals that are competitive within the Napa metro. The asset’s newer construction relative to nearby 1950s-era stock supports leasing and operating efficiency, while the area’s top-quartile neighborhood standing and amenity access reinforce demand depth. According to CRE market data from WDSuite, neighborhood occupancy has improved in recent years, consistent with stable renter demand in a high-cost ownership market.
Elevated home values and a balanced rent-to-income profile point to sustainable renter reliance and renewal potential. Forward-looking demographics within a 3-mile radius suggest more households and smaller household sizes, expanding the renter pool and supporting long-term occupancy stability. Mid-life capital planning and attention to resident experience remain prudent levers for preserving pricing power.
- 2010 vintage offers competitive layouts and systems versus older neighborhood stock
- Top-quartile neighborhood standing in Napa with strong daily-needs amenities supports retention
- High-cost ownership market reinforces renter reliance and depth of tenant base
- 3-mile outlook shows more households and smaller household sizes, supporting occupancy stability
- Risk: crime metrics sit below the metro median; proactive safety measures and monitoring are advisable