| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 36th | Poor |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Cranbrook Way, Santa Rosa, CA, 95407, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2003 |
| Units | 68 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Cranbrook Way Santa Rosa Multifamily Investment
This 68-unit property benefits from neighborhood-level occupancy of 98.9%, ranking in the top quartile among 138 Santa Rosa metro neighborhoods according to CRE market data from WDSuite.
This Santa Rosa inner suburb demonstrates strong rental fundamentals with neighborhood-level occupancy at 98.9%, ranking 18th among 138 metro neighborhoods and in the 93rd national percentile. The area maintains a 52% renter-occupied housing unit share, ranking 20th regionally and 90th percentile nationally, indicating robust rental demand depth.
Built in 2003, this property represents newer vintage compared to the neighborhood average construction year of 1973, potentially reducing near-term capital expenditure requirements and providing competitive positioning. The neighborhood's median contract rent of $1,810 ranks 75th among metro areas while reaching the 88th national percentile, suggesting pricing power within the local market context.
Demographics within a 3-mile radius show a stable tenant base with 60,582 residents and projected population growth to 65,148 by 2028, supporting rental demand expansion. Median household income of $79,456 is forecast to increase 36% to $108,072, while median contract rents are projected to rise 19% to $2,125, indicating improving affordability dynamics for tenant retention.
The area provides solid amenity access with 1.06 grocery stores per square mile (72nd national percentile) and adequate childcare density at 0.27 facilities per square mile (68th national percentile), supporting tenant appeal and retention factors important for lease management.
Safety metrics present mixed signals requiring careful lease management consideration. Property crime rates rank 113th among 138 metro neighborhoods with a 36th national percentile, indicating above-average crime levels compared to national standards. Violent crime rates rank 129th regionally with a 30th national percentile, suggesting elevated risk factors.
Recent trends show property crime increasing 16% year-over-year while violent crime rose 69%, ranking in the bottom quartile nationally for crime trend improvements. Investors should factor these safety dynamics into tenant screening protocols and consider security enhancements as part of property positioning and resident retention strategies.
The employment base includes corporate presence supporting workforce housing demand for the area's renter population.
- FedEx — logistics and shipping corporate offices (9.0 miles)
This 68-unit Santa Rosa property offers compelling fundamentals anchored by exceptional neighborhood-level occupancy of 98.9% and strong rental market positioning. The 2003 construction year provides competitive advantages through reduced maintenance requirements compared to the area's 1973 average building vintage, while the 52% renter-occupied housing share demonstrates sustained rental demand depth.
Forward-looking demographics support rental expansion with projected population growth of 7.5% and household income increases of 36% through 2028, according to multifamily property research data. The neighborhood's rent-to-income ratio and projected rental growth of 19% suggest improving tenant affordability dynamics, though elevated crime trends require active management attention.
- Neighborhood occupancy at 98.9% ranks top quartile among 138 metro areas
- 2003 vintage provides maintenance advantages over 1973 area average
- Projected 7.5% population growth supports rental demand expansion
- Strong renter housing share at 52% indicates market depth
- Rising crime trends require enhanced security and screening protocols