| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 48th | Poor |
| Amenities | 67th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 155 Stony Point Rd, Santa Rosa, CA, 95401, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 1977 |
| Units | 56 |
| Transaction Date | 2018-01-12 |
| Transaction Price | $12,500,000 |
| Buyer | Sr Stony Brook Lp |
| Seller | Loh-deschaumes Family Trust |
155 Stony Point Rd Santa Rosa Multifamily Investment
Neighborhood occupancy trends sit above the metro median and ownership costs are elevated, supporting durable renter demand in Santa Rosa, according to WDSuite’s CRE market data. This positioning favors stable operations over a full cycle while leaving room for disciplined value-add execution.
The property sits in an Inner Suburb pocket of Santa Rosa rated B+, with neighborhood fundamentals that are above metro median for occupancy and broadly competitive for amenities. The area ranks 19th out of 138 metro neighborhoods for overall amenity access, placing it in the top quartile locally; parks, groceries, pharmacies, and restaurants are relatively accessible, while cafes are thinner. These dynamics support daily convenience and help with resident retention.
From a rent and income standpoint, this neighborhood trends toward the higher end of the metro. Neighborhood home values and contract rents both sit in the upper national percentiles, indicating a high-cost ownership market that tends to reinforce reliance on multifamily housing and support pricing power. At the same time, the neighborhood’s rent-to-income ratio is comparatively moderate, a combination that can aid lease retention and limit turnover risk.
Occupancy in the neighborhood is above the metro median and around the upper third nationally, suggesting a foundation for stable cash flows. The neighborhood’s average NOI per unit also benchmarks well versus national peers, per WDSuite’s CRE market data, which aligns with investor expectations for operational resilience in stronger suburban submarkets.
Within a 3-mile radius, demographic data show a slightly smaller population than five years ago but a larger household base and a modest increase in families, with forecasts pointing to population growth and more households by 2028. That combination typically expands the renter pool and supports occupancy stability, particularly for well-managed Class B assets. Renter-occupied housing sits near parity with owner-occupied units in the 3-mile catchment, indicating a deep tenant base for multifamily.
School ratings in the neighborhood are on the lower end of metro and national comparisons, which may influence family-oriented leasing strategies. Investors can offset this by emphasizing commute convenience, access to parks and daily-needs retail, and unit-level improvements that appeal to a broader renter profile.
Safety signals are mixed and should be contextualized at the neighborhood—not property—level. Relative to neighborhoods nationwide, the area benchmarks below average for safety, while sitting below the metro average among the 138 Santa Rosa–Petaluma neighborhoods. Property incidents have trended down over the past year, whereas estimated violent incidents increased year over year, underscoring the importance of property-level security, lighting, and resident engagement.
Investors should track trend direction rather than single-year readings. Compared with national peers, recent improvement in property crime is a constructive signal, but the neighborhood’s position still warrants prudent risk management in underwriting and operations.
The local employment base includes distribution and logistics roles that support workforce housing demand and commute convenience for renters. Nearby, FedEx appears as a notable employer within a practical drive for residents.
- FedEx Headquarters — logistics/distribution (6.0 miles)
This 56-unit asset is positioned for steady performance in a high-cost ownership market where renters often rely on multifamily housing. Neighborhood occupancy trends are above the metro median and in the upper tier nationally, supporting cash flow durability and lease retention. According to CRE market data from WDSuite, local amenity access is competitive within the metro, and the rent-to-income profile is comparatively manageable—conditions that can sustain demand while enabling measured rent growth.
Within a 3-mile radius, forecasts indicate population growth and more households by 2028, expanding the tenant base and supporting occupancy stability. School ratings are weaker and safety readings are mixed at the neighborhood level, so underwriting should assume continued investment in resident experience, lighting, and security alongside targeted interior upgrades to capture value without overextending pricing power.
- Above-metro occupancy and upper-tier national positioning support stable cash flows
- High-cost ownership context reinforces multifamily demand and pricing power
- 3-mile forecasts show more households by 2028, expanding the renter pool
- Competitive amenity access aids retention; moderate rent-to-income supports renewals
- Risks: lower school ratings, mixed safety signals, and disciplined rent growth assumptions