| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 50th | Poor |
| Amenities | 20th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 350 Duncan Dr, Windsor, CA, 95492, US |
| Region / Metro | Windsor |
| Year of Construction | 1999 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
350 Duncan Dr Windsor Multifamily with Stable Demand
Neighborhood occupancy is measured below the metro median, but elevated home values and a low rent-to-income ratio point to durable renter demand, according to WDSuite’s CRE market data.
Located in suburban Windsor within the Santa Rosa–Petaluma metro, the area’s livability leans residential with access to open space. Park density ranks competitive nationally (74th percentile), while retail and daily services are thinner locally (very low counts of cafes, groceries, and pharmacies), suggesting a more car-oriented lifestyle for residents and employees. Average school ratings sit below the national midpoint, which investors should factor into tenant mix and marketing strategy.
On fundamentals, neighborhood-level asking rents sit among the highest nationally (top percentile), and home values are also elevated versus national benchmarks. This high-cost ownership market can sustain reliance on multifamily housing, supporting tenant retention and pricing power. At the same time, the neighborhood’s rent-to-income ratio is low, indicating relatively lighter affordability pressure at the neighborhood level that can aid lease renewals.
Tenure patterns show a largely owner-occupied area, with renter-occupied housing making up a smaller share of units. That typically means moderate depth of the tenant base but can also translate into steady demand for well-maintained, professionally managed rentals. Neighborhood occupancy is below the metro median among 138 metro neighborhoods, so underwriting should reflect measured lease-up expectations and selective concessions as needed.
Within a 3-mile radius, recent trends show modest population growth alongside a larger increase in households, pointing to smaller household sizes and support for multifamily demand. Looking ahead to 2028, forecasts call for a continued increase in households even as overall population is projected to dip, which can expand the renter pool and support occupancy stability for quality assets.
Vintage matters: with a 1999 construction year against a neighborhood average vintage from the late 1970s, this asset is newer than much of the local stock. That positioning can be competitive versus older properties, while still leaving room for targeted modernization of systems and finishes to strengthen rent premiums.
Neighborhood safety indicators are mixed but improving in key areas. Relative to neighborhoods nationwide, the area sits modestly above the national median for safety (higher national percentile indicates safer conditions). Within the Santa Rosa–Petaluma metro’s 138 neighborhoods, it is not at the extremes.
Property offenses have declined sharply year over year, a constructive trend for resident retention and asset perception. Violent offense rates are nearer the national midpoint and showed a recent increase; investors should monitor trends and align security measures and resident communications with best practices.
Nearby logistics employment provides a steady commuter base that can support workforce-oriented renter demand and lease retention. The employers listed below reflect close-in access for residents.
- FedEx — logistics operations (2.4 miles)
This 80-unit property, built in 1999, competes favorably against older neighborhood stock and can capture demand from households seeking quality rentals in a high-cost ownership market. Neighborhood-level rents are among the highest nationally while the rent-to-income ratio is low, supporting pricing power and lease retention. According to CRE market data from WDSuite, neighborhood occupancy trends sit below the metro median; however, within a 3-mile radius, households have been increasing and are projected to grow further even as population softens, indicating smaller household sizes and a larger renter pool over time.
Amenity access is park-forward with thinner retail density, so operational focus should prioritize convenience (parking, package, and on-site services) and targeted upgrades. Given the property’s late-1990s vintage, investors should plan for selective modernization of interiors and building systems to sustain competitiveness and support rent premiums relative to older comparables.
- Newer-than-neighborhood vintage (1999) offers competitive positioning versus older local stock
- High-cost ownership market reinforces reliance on rentals and supports pricing power
- Low neighborhood rent-to-income ratio aids retention and lease management
- 3-mile household growth and projected renter pool expansion support occupancy stability
- Risks: below-metro neighborhood occupancy and thinner retail/services require careful underwriting and amenity strategy