| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 29th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2158 Meadowbrook Ct, Santa Rosa, CA, 95403, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 1986 |
| Units | 20 |
| Transaction Date | 1994-09-20 |
| Transaction Price | $1,215,000 |
| Buyer | STEFANSKY NANCY D |
| Seller | YUERS WILLARD H |
2158 Meadowbrook Ct, Santa Rosa CA Multifamily Investment
Neighborhood occupancy is strong and renter concentration is high, supporting stable leasing conditions for a 20-unit asset; according to WDSuite’s CRE market data, these dynamics are competitive within the Santa Rosa-Petaluma metro.
This Urban Core neighborhood in Santa Rosa shows solid renter demand fundamentals. Neighborhood occupancy is high (top quartile among 138 metro neighborhoods), and the share of renter-occupied housing units is elevated for the metro, indicating a deeper tenant base and potential support for retention and pricing discipline. Median contract rents for the neighborhood trend above national norms, while the rent-to-income profile suggests manageable affordability pressure compared with higher-cost coastal submarkets, according to CRE market data from WDSuite.
Local amenity access skews toward daily needs and dining. Grocery options and restaurants rank competitively among the 138 metro neighborhoods (both near the top of the distribution), and cafés are also well represented. Parks, pharmacies, and childcare options are relatively limited within neighborhood bounds, so residents may rely on nearby districts for those services.
The property’s 1986 vintage is newer than the neighborhood’s average construction year, which can help it compete against older stock. Investors should still plan for selective modernization and systems updates given asset age, but the relative vintage positioning can support leasing versus 1970s-era comparables.
Within a 3-mile radius, households have increased even as average household size trends down slightly, and forecasts point to additional growth in both population and households over the next five years. That combination typically expands the renter pool and supports occupancy stability for workforce-oriented product. Median home values in the neighborhood are elevated versus national benchmarks, which reinforces reliance on multifamily rentals and can aid lease retention where rent-to-income remains in a sustainable range.
Safety indicators are mixed when viewed against metro and national context. The neighborhood’s overall crime positioning is around the middle of national comparisons, and its standing within the Santa Rosa-Petaluma metro places it below the top tier of local peers. However, estimated property offense rates have improved year over year, a constructive trend that investors can monitor alongside management practices and security design.
Violent offense metrics compare somewhat better than national midline, while property offenses sit closer to the national middle but with recent improvement. For underwriting, consider these as neighborhood-level signals rather than block-level conditions, and align with operational measures typical for Urban Core assets.
Nearby employment includes logistics operations that provide steady, commute-convenient jobs and can support renter demand and retention for workforce housing in this part of Santa Rosa.
- FedEx Headquarters — logistics (5.0 miles)
Positioned in a high-occupancy, renter-heavy neighborhood, 2158 Meadowbrook Ct benefits from durable demand drivers relative to many Santa Rosa-Petaluma peers. The 1986 construction is newer than the local average, offering a competitive edge versus older stock while still leaving room for value-add through targeted renovations and building systems updates. Elevated neighborhood home values point to a high-cost ownership market, which tends to sustain reliance on multifamily rentals and can support lease retention when rent-to-income remains manageable.
Demographic signals aggregated within a 3-mile radius indicate recent growth in households and a forecasted expansion in both population and incomes, suggesting a larger tenant base over the medium term. Based on commercial real estate analysis from WDSuite, neighborhood occupancy trends sit above metro medians, reinforcing the case for stable operations while acknowledging the need to manage affordability pressure and monitor local safety trends typical of Urban Core locations.
- High neighborhood occupancy and deep renter-occupied share support stable leasing
- 1986 vintage is competitive versus older local stock, with selective value-add potential
- Elevated home values reinforce reliance on rentals, aiding retention and pricing discipline
- 3-mile forecasts indicate expanding tenant base and income growth supportive of demand
- Risks: limited parks/childcare nearby and mixed safety metrics require operational focus