| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 55th | Fair |
| Amenities | 38th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6697 Old Redwood Hwy, Windsor, CA, 95492, US |
| Region / Metro | Windsor |
| Year of Construction | 1994 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6697 Old Redwood Hwy, Windsor CA Multifamily Investment
Neighborhood occupancy remains exceptionally tight, with stability that supports cash flow durability, according to WDSuite’s CRE market data. Strong ownership costs in Windsor further sustain renter reliance on multifamily housing in this suburban pocket.
The property sits in a suburban Windsor neighborhood rated B within the Santa Rosa–Petaluma metro, where neighborhood occupancy is high and leasing tends to be steady. The area’s grocery access is competitive (near the 75th percentile nationally) and restaurants score similarly strong, while cafes, parks, and pharmacies are thinner locally—an operating consideration for residents who value walkable convenience.
Construction across the neighborhood skews older (average 1982), and this asset’s 1994 vintage positions it newer than nearby stock—an edge versus older properties, though investors should still plan for selective modernization and system updates consistent with a 1990s build.
Renter-occupied share in the neighborhood is moderate, indicating a smaller but stable renter base. Within a 3-mile radius, households have grown in recent years and are projected to continue increasing, which expands the tenant pool and supports occupancy stability. Median incomes in the immediate area are high, and the rent-to-income ratio reported locally suggests manageable affordability—favorable for lease retention and measured pricing power.
Home values in the neighborhood sit at elevated levels (high national percentile), which reinforces rental demand by making ownership comparatively costly; this often supports tenant retention in well-managed communities. Taken together—and based on commercial real estate analysis from WDSuite—the local fundamentals point to solid renter demand with minimal new supply pressure in this part of Sonoma County.
Safety indicators for the neighborhood are competitive among 138 Santa Rosa–Petaluma neighborhoods (crime rank 54 of 138), and are above the national median (around the 61st percentile nationwide). Recent trend data shows notable year-over-year improvement, with property and violent offense rates declining, which can support resident retention and lower operational disruption.
Nearby employment is anchored by logistics and distribution, supporting workforce housing demand and convenient commutes for renters.
- FedEx Headquarters — logistics & distribution (1.6 miles)
Built in 1994 with 48 units averaging over 1,000 square feet, the property is newer than much of the surrounding housing stock, offering a competitive position versus older comparables while leaving room for targeted value-add through unit and system updates. Neighborhood occupancy is exceptionally high—well above metro norms according to CRE market data from WDSuite—supporting leasing stability. Elevated home values in this part of Sonoma County tend to sustain renter reliance on multifamily units, while the local rent-to-income profile points to manageable affordability and measured pricing headroom.
Within a 3-mile radius, household counts have increased and are projected to keep rising, expanding the renter pool and supporting long-run absorption. Amenity access favors daily needs (notably groceries and restaurants), though limited cafe, park, and pharmacy density suggests a more car-dependent lifestyle—relevant for positioning and resident experience. Overall, the thesis centers on durable occupancy, affluent renter demand, and value-add potential aligned to a 1990s vintage, balanced by a relatively smaller renter concentration and tempered rent growth expectations.
- Neighborhood occupancy is very tight, supporting leasing stability
- 1994 vintage is newer than area averages, with targeted renovation upside
- Elevated ownership costs reinforce multifamily demand and retention
- 3-mile household growth expands the tenant base over time
- Risks: smaller renter concentration locally; limited walkable amenities; modest rent growth outlook