| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 41st | Poor |
| Amenities | 11th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2151 Stony Point Rd, Santa Rosa, CA, 95407, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2000 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2151 Stony Point Rd Santa Rosa Multifamily Opportunity
Neighborhood occupancy is top-ranked in the metro, supporting durable rent rolls, according to WDSuite's CRE market data and mid-cycle commercial real estate analysis. The investment case centers on demand depth and retention, with amenities best supplemented on-site.
Set in a suburban pocket of Santa Rosa, the asset benefits from a high-cost ownership landscape that tends to sustain renter reliance on multifamily. Neighborhood home values track in the upper tier nationally, which can support pricing power and steady renewals for well-managed communities, based on CRE market data from WDSuite.
Occupancy is the top-ranked among 138 metro neighborhoods and sits in the top percentile nationally, signaling a tight leasing environment that can underpin stable cash flows. The share of renter-occupied housing units is above national medians, indicating a meaningful tenant base without over-concentration in any single cohort.
Local amenities inside the neighborhood are limited; most daily needs are met along nearby corridors, making resident convenience more car-oriented. For operators, on-site services, maintenance responsiveness, and livability features take on added importance to support lease-up and retention.
Within a 3-mile radius, population is expected to grow and households are projected to increase by 2028, while average household size trends slightly smaller. These dynamics point to a broader renter pool and support for occupancy stability as more households enter the market, according to WDSuite's CRE market data. Average school ratings sit modestly above the national midline, adding broad-based appeal for workforce households.
Built in 2000, the property is somewhat newer than the neighborhood s average vintage (mid-1990s). That positioning can provide a competitive edge versus older stock, though investors should still plan for targeted system updates and common-area refreshes to capture value-add upside.
Safety performance is competitive among Santa Rosa-Petaluma neighborhoods (43rd of 138) and above the national midline. Recent-year trends indicate declines in both property and violent offenses, according to WDSuite's CRE market data. This trajectory supports leasing stability while warranting the standard monitoring typical of suburban communities adjacent to regional job centers.
Regional employment includes logistics operations that support a stable commuter tenant base and reinforce leasing near workforce corridors.
- FedEx - logistics (7.4 miles)
This 40-unit, 2000-vintage asset sits in a neighborhood with top-ranked occupancy and an ownership market that skews high-cost, reinforcing renter demand and lease retention. Within a 3-mile radius, population growth and a projected increase in households by 2028 point to a larger tenant base, supporting occupancy stability for well-positioned properties.
According to CRE market data from WDSuite, neighborhood rents and incomes track in the upper half regionally while home values remain elevated, suggesting potential pricing power for quality operations. The vintage is relatively competitive versus local stock, with scope for targeted value-add through unit modernization and common-area refreshes to drive rent-per-foot and renewal capture.
- Tight neighborhood occupancy supports leasing stability and predictable cash flow.
- High-cost ownership market sustains renter reliance, aiding retention and pricing power.
- 2000 vintage offers competitive positioning with targeted value-add potential.
- 3-mile growth in households expands the renter pool and supports absorption.
- Risk: Limited in-neighborhood amenities increase reliance on on-site features and management execution.