| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 63rd | Good |
| Amenities | 29th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11327 Expo Blvd, San Antonio, TX, 78230, US |
| Region / Metro | San Antonio |
| Year of Construction | 2004 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11327 Expo Blvd, San Antonio Multifamily Investment
Newer-than-area 2004 vintage and a strong renter base nearby position this asset to compete for tenants even as occupancy varies across the submarket, according to WDSuite’s CRE market data.
Situated in an Inner Suburb of San Antonio, the neighborhood carries a B+ rating and performs above the metro median (rank 210 of 595). The property’s 2004 construction is newer than the neighborhood’s average 1983 vintage, which supports competitive positioning versus older stock while still warranting periodic system upgrades over a long hold.
Local amenities skew toward convenience rather than destination retail: restaurants are competitive among San Antonio neighborhoods (rank 53 of 595), and pharmacies are well represented (85th national percentile), while cafes, parks, and grocery within the neighborhood boundary are limited. For investors, this points to reliance on nearby commercial corridors for daily needs, which can still support leasing if access and parking are straightforward.
Renter concentration in the neighborhood is high, with an estimated majority of housing units renter‑occupied (93rd national percentile). That depth of renter households underpins multifamily demand, though the neighborhood’s occupancy rate trails national norms and has softened over the last five years. Median asking rents are slightly above national mid‑range and have risen meaningfully over the past cycle, suggesting landlords have maintained some pricing power.
Within a 3‑mile radius, demographic data show modest population growth and a larger increase in households alongside smaller average household sizes. This trend expands the tenant base for smaller formats and supports occupancy stability over time. Rising median incomes and rent levels in the 3‑mile area also indicate room for moderate rent optimization, based on commercial real estate analysis from WDSuite.
Home values in the neighborhood sit near the national middle, which can mean some competition from ownership options; however, a mid‑cost ownership landscape typically sustains steady interest in rentals and can aid retention when combined with convenient access to employment nodes.
Safety indicators for the neighborhood are weaker than national averages (crime ranks in the lower half locally and sits below the national mid‑range). Even so, recent data show property offenses trending down year over year, which investors may view as a constructive sign to monitor rather than a resolved trend. Comparisons are measured against 595 San Antonio–area neighborhoods and national percentiles from WDSuite.
Proximity to major corporate employers supports a broad workforce tenant base and commute convenience, notably USAA operations, USAA’s headquarters, Valero Energy’s headquarters, and iHeartMedia’s headquarters.
- USAA Federal Savings Bank — banking (0.34 miles)
- USAA Ops Building — operations center (0.54 miles)
- USAA — financial services (0.78 miles) — HQ
- Valero Energy — energy (3.52 miles) — HQ
- iHeartMedia — media (6.85 miles) — HQ
This 51‑unit asset built in 2004 offers a newer vintage relative to the neighborhood’s 1980s housing stock, creating a competitive edge against older properties while leaving room for targeted capital projects to enhance finishes and common areas. The immediate area exhibits a high share of renter‑occupied housing and household growth within a 3‑mile radius, expanding the tenant base and supporting leasing durability even as neighborhood occupancy remains below national averages.
Access to major employment centers (USAA and Valero, among others) and a restaurant‑heavy amenity mix further support demand. According to CRE market data from WDSuite, neighborhood rents have shown steady gains and incomes within the 3‑mile radius are rising, suggesting measured potential for rent optimization, balanced against occupancy softness and safety metrics that warrant continued monitoring.
- Newer 2004 construction versus area average, supporting competitive positioning with modest capex to modernize systems and finishes.
- High renter concentration and growing household counts within 3 miles expand the tenant base and support leasing stability.
- Proximity to large employers (USAA, Valero, iHeartMedia) underpins steady workforce demand and retention potential.
- Rents have risen alongside incomes, allowing for measured rent optimization where value is demonstrated.
- Key risks: neighborhood occupancy below national norms, limited on‑neighborhood daily retail, and safety metrics that require ongoing monitoring.