| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 66th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 205 W Grant St, Healdsburg, CA, 95448, US |
| Region / Metro | Healdsburg |
| Year of Construction | 1996 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
205 W Grant St Healdsburg Multifamily Investment
This 44-unit property built in 1996 benefits from Healdsburg's top-quartile neighborhood amenities and above-average rental demand. Commercial real estate analysis from WDSuite shows the area's strong restaurant density and school ratings support tenant retention.
Located in a suburban neighborhood ranking 14th among 138 metro neighborhoods, this Healdsburg location offers strong fundamentals for multifamily investors. The area achieves top-tier amenity density nationally, with restaurant concentration in the 99th percentile and grocery stores ranking in the 92nd percentile. School ratings average 4.0 out of 5, placing the neighborhood in the 84th percentile nationally and supporting family-oriented tenant demand.
The property's 1996 construction year positions it as newer than the neighborhood average of 1965, potentially reducing near-term capital expenditure needs compared to older area properties. With 49.7% of housing units renter-occupied, the neighborhood demonstrates strong rental market participation that ranks in the 88th percentile nationally, indicating robust multifamily demand.
Demographics within a 3-mile radius show household income averaging $137,506 with median household income at $99,263. Rent-to-income ratios remain manageable, though investors should monitor affordability pressure as median contract rents have increased 32.5% over five years to $1,991. The area's 86.5% neighborhood-level occupancy rate reflects current market conditions, with projections showing household growth of 14.9% through 2028 supporting continued renter pool expansion.
Home values averaging $1.1 million create elevated ownership costs that reinforce rental demand, as high purchase prices sustain renter reliance on multifamily housing. This dynamic supports tenant retention and lease renewal stability in the current market environment.
The neighborhood's safety profile shows mixed indicators that warrant investor attention. Property crime rates rank 128th among 138 metro neighborhoods, placing it in the 22nd percentile nationally. However, recent trends show improvement, with property crime declining 52.8% year-over-year, ranking in the 89th percentile for crime reduction nationwide.
Violent crime rates are more favorable, with incidents declining 51.5% over the past year, ranking in the 86th percentile nationally for improvement trends. While current violent crime rates rank 123rd among metro neighborhoods, the significant downward trajectory suggests improving conditions that may support tenant confidence and retention over time.
The area's employment base is anchored by corporate office presence, providing workforce housing opportunities for commuting professionals.
- FedEx — corporate offices (8.3 miles) — HQ
This Healdsburg property combines newer construction vintage with strong neighborhood fundamentals in a top-quartile amenity environment. According to CRE market data from WDSuite, the area's 88th percentile rental market participation and 4.0 average school rating create stable tenant demand drivers. The 1996 construction year provides a competitive advantage over the neighborhood's 1965 average, potentially reducing capital expenditure requirements while maintaining modern appeal.
Projected household growth of 14.9% through 2028 within the 3-mile radius supports renter pool expansion, while elevated home values averaging $1.1 million reinforce rental demand by maintaining high ownership barriers. However, investors should monitor rent-to-income dynamics as median rents have increased 32.5% over five years, and current neighborhood-level occupancy of 86.5% suggests competitive market conditions requiring active lease management.
- Top-quartile neighborhood amenities including 99th percentile restaurant density support tenant retention
- 1996 construction provides maintenance advantages over 1965 neighborhood average
- Projected 14.9% household growth through 2028 expands potential tenant base
- High home values averaging $1.1 million sustain rental market demand
- Risk consideration: 86.5% neighborhood occupancy and recent rent growth require competitive positioning