| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Best |
| Demographics | 41st | Poor |
| Amenities | 38th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2540 Birch Meadow St, Santa Rosa, CA, 95407, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2001 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2540 Birch Meadow St Santa Rosa Multifamily Investment
This 74-unit property built in 2001 benefits from neighborhood-level occupancy at 100%, reflecting strong tenant retention in an inner suburb market. CRE market data from WDSuite indicates the area maintains competitive rental fundamentals relative to the broader Santa Rosa-Petaluma metro.
This inner suburb location ranks competitively among 138 Santa Rosa-Petaluma metro neighborhoods, with housing metrics in the top quartile nationally (80th percentile). The neighborhood maintains 100% occupancy rates and ranks first among metro neighborhoods for occupancy performance, indicating strong tenant retention dynamics. Median contract rents of $1,511 position the area in the 79th percentile nationally, supporting pricing power while maintaining affordability relative to area income levels.
Built in 2001, this property aligns with the neighborhood's average construction year of 1985, suggesting consistent building stock without significant capital expenditure disparities. The area's renter-occupied share of 26.2% reflects moderate rental demand within a predominantly owner-occupied market. Demographics within a 3-mile radius show household income growth of 34.5% over five years to a current median of $78,552, with renter households paying median contract rents of $1,737.
The neighborhood offers solid grocery access with 2.65 stores per square mile, ranking in the 88th percentile nationally, while restaurant and cafe density remains limited. Home values averaging $654,326 (92nd percentile nationally) create elevated ownership costs that can sustain rental demand, particularly as forecasted household income growth of 39.7% over the next five years may expand the renter pool. Population growth projections indicate an 11.6% increase by 2028, supporting multifamily demand fundamentals.
Crime metrics show the neighborhood performing at the 50th percentile nationally, indicating average safety levels compared to neighborhoods nationwide. Property offense rates have declined 11.8% year-over-year, while violent crime rates decreased 33.8%, placing the area in the 77th percentile nationally for violent crime improvement trends.
The neighborhood ranks 100th among 138 metro neighborhoods for overall crime, positioning it near the metro median. These moderate safety metrics, combined with improving crime trends, support stable tenant retention without significant security-related turnover concerns.
The employment base includes corporate office presence that supports workforce housing demand in this Santa Rosa submarket.
- FedEx — logistics and shipping operations (8.1 miles) — HQ
This 2001-built property capitalizes on neighborhood-level occupancy stability at 100%, ranking first among 138 metro neighborhoods for tenant retention. The combination of moderate rents relative to rising household incomes creates sustainable pricing power, while projected population growth of 11.6% and household income increases of 39.7% through 2028 support expanding rental demand. According to multifamily property research from WDSuite, the area's housing fundamentals rank in the top quartile nationally, indicating strong competitive positioning.
The property's 2001 vintage requires standard maintenance planning without major capital expenditure concerns typical of older stock. Elevated home values at $654,326 (92nd percentile nationally) maintain rental demand by keeping ownership costs above many households' reach, while grocery accessibility and improving crime trends support tenant satisfaction and retention rates.
- Neighborhood leads metro with 100% occupancy rates and strong tenant retention
- Projected 11.6% population growth and 39.7% income increases through 2028
- High ownership costs ($654k median home values) sustain rental demand
- 2001 construction requires standard maintenance without major capital needs
- Risk: Limited employment diversity with single major employer within reasonable commute