| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Poor |
| Demographics | 16th | Poor |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2101 Vera Cruz, San Antonio, TX, 78207, US |
| Region / Metro | San Antonio |
| Year of Construction | 1994 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2101 Vera Cruz, San Antonio Multifamily Positioning
Neighborhood renter demand is supported by a high share of renter-occupied units and proximity to daily amenities, according to WDSuite’s CRE market data, pointing to steady leasing fundamentals for value-focused operators.
Located in an Inner Suburb pocket of San Antonio, the property benefits from daily-needs access. Neighborhood amenity density is strong for groceries, parks, pharmacies, and restaurants (competitive locally), while café options are limited. For investors, this mix supports day-to-day convenience that can aid retention even without destination retail. School ratings in the area trend weaker than broader benchmarks, which may matter less for studios or smaller-unit mixes but is still a consideration for family-oriented demand.
Relative performance signals show the neighborhood is competitive among the 595 San Antonio–New Braunfels neighborhoods for net operating income per unit and amenity access, while the area’s occupancy level sits below the metro median. The share of housing units that are renter-occupied is high, indicating a deeper tenant base for multifamily. Home values are lower locally, but the value-to-income ratio sits above many U.S. neighborhoods, which often sustains renter reliance on multifamily housing and can support pricing power.
Within a 3-mile radius, population has edged down in recent years while household counts increased and average household size declined. This points to smaller households and a broader pool of renters entering the market, which can support occupancy stability and leasing velocity. Looking ahead, forecasts indicate households are expected to grow further over five years, reinforcing demand for rental units as unit sizes and price points that fit local incomes tend to lease efficiently. These dynamics align with practical underwriting assumptions investors use in commercial real estate analysis.
Vintage context: construction year is 1994 versus much older average housing stock nearby. Being newer than much of the surrounding inventory can enhance competitive positioning versus mid-century properties, though investors should still plan for system updates or targeted renovations to keep finishes and building systems current.
Safety trends require prudent monitoring. Compared with neighborhoods nationwide, this area sits below average for safety; within the San Antonio–New Braunfels metro, its crime rank places it below the metro median among 595 neighborhoods. Recent data show property-related incidents have trended lower year over year, which is a constructive sign, but violent and property offense levels remain elevated relative to national comparisons.
For underwriting and asset management, this suggests emphasizing security measures, lighting, and resident engagement, and calibrating marketing and concessions to maintain leasing momentum while monitoring trend improvement over subsequent data releases.
Nearby employment anchors span media and large financial services headquarters, supporting commuter convenience and broad-based renter demand. The list below reflects prominent corporate offices within a typical renter commute shed.
- Iheartmedia — media HQ (5.9 miles) — HQ
- Usaa — financial services HQ (8.5 miles) — HQ
- Usaa Ops Building — financial services operations (8.8 miles)
- USAA Federal Savings Bank — banking offices (9.0 miles)
- Valero Energy — energy HQ (12.7 miles) — HQ
2101 Vera Cruz is a 1994-vintage, 26-unit asset positioned in an Inner Suburb location with strong daily-needs access and a renter-occupied share that signals depth of tenant demand. Being newer than the area’s predominantly mid-century housing stock can offer a competitive advantage, while targeted capital improvements may unlock value-add upside. According to CRE market data from WDSuite, the neighborhood shows competitive amenity access and above-median national positioning for NOI per unit, offset by occupancy that trails the metro median and safety metrics that call for active management.
Within a 3-mile radius, household counts have risen despite a modest population decline, and forecasts point to continued household growth alongside smaller average household sizes. For investors, that pattern typically expands the renter pool and supports occupancy stability. Elevated ownership cost ratios relative to local incomes further reinforce renter reliance on multifamily housing, while moderate rent-to-income levels suggest manageable affordability that can aid renewal retention.
- 1994 vintage offers competitive positioning versus older local stock, with targeted capex creating renovation upside.
- High renter-occupied share indicates depth of tenant demand and supports leasing durability.
- Strong access to groceries, parks, pharmacies, and restaurants underpins day-to-day livability and retention.
- Household growth and smaller household sizes within 3 miles expand the renter pool, supporting occupancy stability.
- Risks: below-metro occupancy and weaker school ratings; safety metrics require proactive management and underwriting discipline.