| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 31st | Poor |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 101 Enterprise Dr, Rohnert Park, CA, 94928, US |
| Region / Metro | Rohnert Park |
| Year of Construction | 1977 |
| Units | 118 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
101 Enterprise Dr Rohnert Park Multifamily Investment
Neighborhood occupancy near 99% points to durable leasing and cash-flow stability, according to WDSuite s CRE market data.
The property sits in an Urban Core pocket of the Santa Rosa Petaluma metro that rates A- and is above the metro median overall (ranked 26 of 138 neighborhoods). Daily needs are unusually convenient: grocery, pharmacy, and caf e9 density ranks in the top quartile among 138 metro neighborhoods and places the area around the top decile nationally, supporting renter retention and lease-up velocity.
Neighborhood occupancy is in the top quartile locally (ranked 21 of 138) and well above national norms, indicating tight multifamily fundamentals. Median contract rents in the neighborhood sit in a higher national bracket with meaningful five-year growth, which underscores pricing power but warrants attention to affordability. The share of housing units that are renter-occupied is high at the neighborhood level (78.4%), signaling a deep tenant base for multifamily.
Within a 3-mile radius, demographics show population and household growth over the past five years with further expansion projected by 2028; more households alongside slightly smaller average household sizes point to a larger renter pool and support for occupancy stability. Median incomes have also risen, which can help sustain rent levels while keeping an eye on rent-to-income ratios for lease management considerations.
Built in 1977 versus a neighborhood average vintage around the mid-1980s, the asset is older than much of the surrounding stock. This creates clear value-add angles through targeted renovations and systems modernization, paired with capital planning to maintain competitiveness against newer product. Amenity depth is strong, though limited park access locally and sparse school ratings data suggest underwriting should account for lifestyle amenities beyond parks and take a conservative approach to school-driven demand.
Safety signals are mixed but comparatively constructive. The neighborhood s crime rank sits above the metro median (ranked 59 of 138), and national percentiles indicate safety modestly above the U.S. midpoint overall. Property offenses are comparatively low nationally (around the 86th percentile for safety) with a notable year-over-year improvement, while violent offense measures sit closer to the national middle; recent volatility suggests prudent monitoring rather than alarmist conclusions.
Proximity to major corporate employers supports renter demand through diverse white-collar and logistics employment, aiding leasing stability and retention. Nearby anchors include FedEx, Wells Fargo, Salesforce, PG&E, and McKesson.
- FedEx logistics (12.7 miles)
- Wells Fargo banking (41.5 miles) HQ
- Salesforce.com cloud software (41.6 miles) HQ
- PG&E Corp. utilities (41.8 miles) HQ
- McKesson healthcare distribution (41.8 miles) HQ
101 Enterprise Dr offers investors exposure to a tight rental market with occupancy in the top quartile locally and strong amenity access that reinforces retention. Elevated neighborhood home values and a high value-to-income landscape tend to sustain reliance on multifamily housing, while within 3 miles population and household growth expand the tenant base. According to CRE market data from WDSuite, neighborhood performance metrics sit above metro and national medians in key areas like occupancy and amenity depth, supporting a stable operations thesis.
Constructed in 1977, the asset is older than the neighborhood s average vintage, presenting a practical value-add path via interior upgrades and system replacements to bolster competitive positioning against newer stock. Underwriting should weigh moderate affordability pressure (rent-to-income dynamics) and limited park access, alongside mixed but improving safety signals.
- Tight neighborhood occupancy supports cash-flow stability and pricing power.
- Amenity-rich Urban Core location aids leasing velocity and retention.
- 3-mile population and household growth expand the renter pool and demand depth.
- 1977 vintage provides value-add potential via targeted renovations and modernization.
- Risks: monitor affordability pressure, limited park access, and mixed safety trends in underwriting.