| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 45th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7394 Boris Ct, Rohnert Park, CA, 94928, US |
| Region / Metro | Rohnert Park |
| Year of Construction | 1977 |
| Units | 22 |
| Transaction Date | 2021-10-12 |
| Transaction Price | $6,850,000 |
| Buyer | RLH INVESTMENTS LLC |
| Seller | BORIS GARDENS LLC |
7394 Boris Ct Rohnert Park Multifamily Investment
Neighborhood occupancy sits firmly above national averages and renter demand is supported by local amenities and jobs, according to WDSuite’s CRE market data. These occupancy conditions reflect the surrounding neighborhood rather than the property itself, suggesting stable leasing fundamentals for a well-positioned asset.
Rohnert Park’s Urban Core setting offers investors a balanced mix of convenience and everyday services. The neighborhood sits around the metro median (rank 71 of 138 Santa Rosa–Petaluma neighborhoods), with occupancy in the surrounding area at 93.4%—above the national midpoint—indicating steady renter demand at the neighborhood level, per WDSuite. Median asking rents here trend above national norms (86th percentile), while rent-to-income readings near the national middle suggest manageable affordability pressure that can help support retention and leasing stability.
Amenity access is a relative strength. Restaurant density ranks 10 of 138 locally and is top quartile nationally, and both parks (rank 12 of 138; top quartile nationally) and grocery options (rank 13 of 138; top quartile nationally) compare favorably to peer neighborhoods. By contrast, cafes and pharmacies are sparse, which may modestly dilute lifestyle appeal but does not materially undercut daily convenience.
Tenure patterns show a renter-occupied housing share of 36.8% in the neighborhood, indicating a sizable but not dominant renter base that can support multifamily absorption without excessive turnover exposure. Within a 3-mile radius, population and household counts have grown over the last five years and are projected to rise further through 2028, pointing to a larger tenant base and potential support for occupancy stability and leasing velocity.
The property’s 1977 vintage is slightly older than the neighborhood’s average construction year (1981). For investors, that typically implies capital planning for systems and common-area updates, with potential value-add or modernization upside to differentiate versus newer stock while maintaining competitive positioning.
Home values in the neighborhood sit in a high-cost ownership market relative to national benchmarks (value-to-income near the upper percentiles; median values significantly above the U.S. median). This context can reinforce renter reliance on multifamily housing and support pricing power when paired with disciplined lease management and product quality.
Comparable crime metrics are not available in WDSuite for this neighborhood, so investors should benchmark safety using city and metro sources and focus on trend direction rather than block-level readings. In practice, many multifamily owners evaluate daytime activity, street connectivity, and property-level measures (lighting, access control, visibility) alongside regional statistics to understand resident experience and retention risk.
The employment base accessible from Rohnert Park spans logistics, finance, utilities, cloud software, and healthcare distribution—sectors that can underpin renter demand through commute convenience and diverse wage tiers. The list below highlights nearby corporate offices that are most relevant to workforce housing dynamics in this area.
- FedEx — parcel logistics (13.4 miles)
- Wells Fargo — banking (40.8 miles) — HQ
- Salesforce.com — cloud software (41.0 miles) — HQ
- PG&E Corp. — utilities (41.1 miles) — HQ
- McKesson — healthcare distribution (41.1 miles) — HQ
7394 Boris Ct benefits from stable neighborhood-level fundamentals and proximity to everyday amenities. According to commercial real estate analysis supported by WDSuite, occupancy in the surrounding neighborhood sits above the national midpoint, restaurants/grocers/parks are competitive among Santa Rosa–Petaluma neighborhoods, and the ownership market is relatively high-cost—factors that can sustain renter demand and support pricing power when paired with disciplined operations. The 1977 vintage suggests a value-add path via targeted renovations and systems improvements to enhance competitiveness against newer product.
Within a 3-mile radius, recent gains in population and households—along with projections for further growth—point to a larger renter pool over the medium term. With a moderate renter-occupied share in the immediate neighborhood and rents above national levels, investors can underwrite steady absorption while monitoring affordability pressure and school quality as potential constraints on family renter demand.
- Above-national neighborhood occupancy supports leasing stability
- Strong access to restaurants, groceries, and parks aids retention
- High-cost ownership landscape can reinforce multifamily demand
- 1977 vintage offers value-add potential via targeted upgrades
- Risks: limited cafe/pharmacy presence and average school ratings may temper family demand