| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 93rd | Best |
| Demographics | 89th | Best |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Bicentennial Way, Santa Rosa, CA, 95403, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2003 |
| Units | 78 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Bicentennial Way Santa Rosa Multifamily Investment
This 78-unit property sits in a top-quartile neighborhood with 99.1% occupancy and strong demographic fundamentals. Commercial real estate analysis from WDSuite shows the area ranks 7th of 138 metro neighborhoods for overall investment appeal.
Built in 2003, this 78-unit property positions investors in Santa Rosa's Bicentennial neighborhood, which ranks 7th among 138 metro neighborhoods for overall investment metrics. The area demonstrates exceptional occupancy stability at 99.1%, ranking in the top quartile nationally and significantly above metro averages. With 56.9% of housing units occupied by renters, the neighborhood maintains strong rental demand fundamentals.
Demographics within a 3-mile radius support long-term tenant demand, with household income averaging $117,442 and 31.5% of adults holding bachelor's degrees. The area's median contract rent of $2,818 reflects strong pricing power, though rent-to-income ratios suggest affordability considerations for lease management. Home values averaging $946,984 reinforce rental demand by keeping ownership costs elevated relative to rental options.
The neighborhood offers solid amenity access with cafes ranking in the 79th percentile nationally, though childcare and pharmacy options remain limited. Construction vintage averaging 1994 indicates relatively newer building stock compared to the metro, with this 2003 property aligning well with neighborhood standards and requiring minimal near-term capital expenditure planning.
Crime metrics show the neighborhood performing near metro averages, ranking 88th of 138 neighborhoods with a 53rd percentile national rating. Property offense rates of 558 incidents per 100,000 residents improved 24.7% over the past year, while violent crime decreased 19.1%, indicating positive safety trends that support tenant retention and leasing stability.
The local employment base includes corporate offices within commuting distance that support workforce housing demand.
- FedEx — logistics and shipping headquarters (4.9 miles)
This Santa Rosa multifamily property offers investors exposure to a high-performing neighborhood with exceptional occupancy fundamentals and strong demographic support. According to CRE market data from WDSuite, the area's 99.1% occupancy rate and top-quartile national ranking demonstrate proven rental demand stability. The 2003 construction vintage positions the asset competitively within the neighborhood's relatively modern building stock while minimizing immediate capital expenditure requirements.
Demographic trends within the 3-mile radius show household growth projections and income stability that support long-term tenant demand. The neighborhood's 56.9% renter occupancy share and elevated home values create conditions that reinforce rental market participation. However, investors should monitor rent-to-income ratios for potential affordability pressures that could impact renewal rates and concession strategies.
- Exceptional 99.1% neighborhood occupancy ranking in top quartile nationally
- Strong demographic fundamentals with $117,442 median household income
- 2003 construction vintage aligns with modern neighborhood building stock
- High home values support rental demand by limiting ownership competition
- Risk consideration: Monitor rent-to-income ratios for affordability pressure