| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 49th | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 705 Rohnert Park Expy W, Rohnert Park, CA, 94928, US |
| Region / Metro | Rohnert Park |
| Year of Construction | 2008 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
705 Rohnert Park Expy W, Rohnert Park CA Multifamily Investment
Stabilized neighborhood fundamentals and a deep renter-occupied base suggest durable demand for a 24-unit asset here, according to WDSuite’s CRE market data. Neighborhood occupancy is measured for the area and trends above the metro median, supporting income stability for professionally managed multifamily.
Location dynamics and renter demand
The property sits in an Inner Suburb pocket of the Santa Rosa–Petaluma metro rated B+ and ranked 37 out of 138 neighborhoods—competitive among Santa Rosa–Petaluma neighborhoods. Neighborhood occupancy is 95.1% (area-level), ranking 65 of 138, which is above the metro median and generally supportive of consistent leasing and retention.
Renter-occupied housing accounts for a significant share in the neighborhood (55.6%, top decile nationally by percentile), indicating a broad tenant base for multifamily. Median contract rents in the area benchmark high versus national peers, while the neighborhood’s rent-to-income ratio ranks in a lower national percentile, implying manageable affordability pressure that can aid renewals and limit turnover risk.
Everyday amenities are favorable for resident convenience: restaurants and pharmacies score in higher national percentiles, with grocery and park access also above average. By contrast, childcare density ranks near the bottom locally, which may be a consideration for tenant mix and marketing strategy. Average school ratings in the neighborhood are low by national comparison, which investors should factor into leasing positioning for family households.
Home values in the neighborhood index high nationally, reinforcing renter reliance on multifamily where ownership costs are elevated—often supportive of pricing power and leasing depth. The asset’s 2008 construction is newer than the neighborhood’s average vintage (1989), offering competitive positioning relative to older stock while still warranting periodic system updates or light modernization to sustain performance.
Within a 3-mile radius, current population has been stable, and WDSuite data indicates a forecast increase in households alongside slightly smaller average household size. That combination typically expands the renter pool and supports occupancy stability and unit absorption for well-managed properties.
Safety context
Area safety indicators are mixed. The neighborhood’s overall crime rank is 111 out of 138 metro neighborhoods, which is below the metro average for safety, while national comparisons show property offense rates around mid-range percentiles.
Trend-wise, estimated property offenses have decreased year over year (area-level), a constructive signal for resident experience and retention. Violent offense indicators, however, sit in a lower national percentile and rose year over year, so prudent on-site management, lighting, and access control remain relevant operational considerations. All safety metrics reflect neighborhood-level trends rather than property-specific conditions.
Employment base and commuter access
Regional employment includes a mix of logistics and Fortune 500 corporate headquarters within commuting range, supporting renter demand through diversified, white-collar and operations roles. Notable employers below reflect practical commute draws for residents.
- FedEx Headquarters — logistics (12.2 miles)
- Wells Fargo — banking (42.2 miles) — HQ
- Salesforce.com — software (42.3 miles) — HQ
- PG&E Corp. — utilities (42.4 miles) — HQ
- McKesson — healthcare distribution (42.5 miles) — HQ
Investment thesis
The 2008 vintage positions this 24-unit asset competitively versus the neighborhood’s older average stock, which can aid leasing and help sustain occupancy. Area-level occupancy above the metro median, a high renter-occupied housing share, and elevated neighborhood home values collectively point to a durable tenant base and potential pricing resilience for a well-managed property, according to CRE market data from WDSuite.
Within a 3-mile radius, forecasts call for more households and slightly smaller household sizes, which typically expands the renter pool and supports occupancy stability. Amenity access is solid for daily needs, though low school ratings and limited childcare density suggest positioning the asset toward segments less sensitive to those factors while maintaining strong on-site operations and retention programs.
- Newer 2008 construction relative to area stock enhances competitive standing with modest modernization needs over time
- Neighborhood occupancy (area-level) above metro median supports income stability and leasing predictability
- High neighborhood home values reinforce renter reliance on multifamily, aiding pricing power and demand depth
- Forecast household growth within 3 miles indicates a larger tenant base and supports absorption
- Risks: lower school ratings, limited childcare density, and mixed safety indicators warrant proactive property management