| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 29th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3018 Coffey Ln, Santa Rosa, CA, 95403, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 1986 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3018 Coffey Ln Santa Rosa Multifamily Investment
High neighborhood occupancy and a sizable renter base support stable operations, according to WDSuite’s CRE market data.
Positioned in Santa Rosa’s Urban Core, the neighborhood shows durable renter demand for multifamily. Neighborhood occupancy trends are in the top quartile nationally, and the renter-occupied share is roughly three-fifths of housing units, indicating depth in the tenant base for leasing and renewals. Median area rents are on the higher side for the region; paired with a rent-to-income ratio in the mid‑20s, this points to some affordability pressure but also room for disciplined revenue management.
Amenity access is a relative strength: grocery and dining densities are competitive among Santa Rosa‑Petaluma neighborhoods (ranks 6 and 15 out of 138, respectively), and cafes also score well versus peers. Limited parks and childcare within the neighborhood may modestly influence family-oriented appeal, but everyday convenience needs are well served by food and retail options. The property’s 1986 construction is newer than the neighborhood average of 1976, offering competitive positioning against older stock while still warranting routine capital planning for aging systems or selective modernization.
Within a 3‑mile radius, demographics show a broad working‑age population and rising household incomes over the last measured period. Looking toward 2028, WDSuite’s multifamily property research forecasts population growth and an increase in households, expanding the renter pool and supporting occupancy stability and leasing velocity if realized. Forecasts also anticipate upward rent trends, reinforcing prospects for sustained rental demand.
Against metro and national context, local housing metrics are above the metro median, and neighborhood NOI per unit sits near the national mid‑range, giving investors a familiar operating profile with potential for efficiency gains through focused asset management.
Safety indicators are mixed and best considered alongside on‑site controls. Nationally, overall crime sits near the middle of the distribution, with violent‑offense levels somewhat better than national norms and property‑offense levels closer to average. Based on CRE market data from WDSuite, estimated property incidents have improved year over year, a constructive trend to monitor with local enforcement and community programs.
Within the Santa Rosa‑Petaluma metro (138 neighborhoods), conditions vary by micro‑area; investors should align underwriting with observed security features (lighting, access control, parking) and insurance assumptions appropriate to the submarket profile.
Nearby logistics employment provides steady commuter demand and supports retention for residents working in distribution and parcel operations.
- FedEx Headquarters — logistics & parcel operations (4.6 miles)
3018 Coffey Ln is a 36‑unit, 1986‑vintage asset in a neighborhood with high occupancy and a sizable renter base. The vintage is newer than the local average, offering relative competitiveness versus older stock while still calling for targeted system updates or value‑add upgrades. According to CRE market data from WDSuite, the surrounding area shows strong occupancy, solid amenity access, and improving property‑offense trends, supporting steady operations.
Within a 3‑mile radius, forecasts through 2028 indicate population growth and more households, implying a larger tenant base and support for leasing velocity. With median area rents on the higher side and rent‑to‑income in the mid‑20s, operators should balance pricing power with retention strategies, especially as limited parks and childcare could influence family‑oriented demand.
- High neighborhood occupancy and strong renter concentration underpin demand
- 1986 vintage is newer than local average, with selective value‑add potential
- Amenity‑rich area (grocery, dining, cafes) supports daily convenience and leasing
- 3‑mile forecasts point to a larger renter pool, aiding occupancy stability
- Risks: limited parks/childcare, mixed safety indicators, and affordability pressure requiring careful lease management