| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 21st | Poor |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2418 W Ansley Blvd, San Antonio, TX, 78224, US |
| Region / Metro | San Antonio |
| Year of Construction | 2007 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2418 W Ansley Blvd San Antonio Multifamily Investment
Neighborhood occupancy is competitive versus the metro and renter concentration is high, supporting stable tenant demand, according to WDSuite’s CRE market data.
This Inner Suburb location in San Antonio balances daily convenience with mid-market rents and steady occupancy. Neighborhood occupancy is 94.9% and ranks 201 out of 595 metro neighborhoods, which is competitive among San Antonio-New Braunfels neighborhoods, while median contract rents sit near the metro middle. Pharmacy and grocery access test strong by national comparison (both above the 80th percentile), whereas parks and childcare options are thinner locally. Average school ratings trend low, which investors should consider in leasing positioning.
Renter-occupied share is 56.2% (ranked 73 of 595), placing the area in the top quartile among metro neighborhoods for renter concentration. For multifamily owners, that depth supports leasing velocity and renewals even when supply shifts. At the same time, home values in the surrounding area are relatively accessible versus many U.S. metros, which can create some pricing competition with entry-level ownership; lease management and amenities will be important to sustain retention.
Demographic trends are aggregated within a 3-mile radius: while population has been roughly flat to slightly lower over the past five years, household counts increased and are projected to rise further alongside smaller household sizes. That shift generally expands the renter pool and supports occupancy stability. Median household incomes have also advanced, aligning with recent rent growth and indicating room for targeted upgrades without overextending affordability.
From an operational lens, neighborhood NOI per unit benchmarks trail national leaders, suggesting investors should underwrite with disciplined expense controls and realistic rent trade-out assumptions. Still, the location’s convenience retail, grocery, and service mix—combined with above-median neighborhood occupancy—supports a pragmatic commercial real estate analysis for long-term hold strategies.
Safety indicators for this neighborhood trend weaker than both metro and national comparisons. The neighborhood’s crime rank is 450 out of 595 San Antonio-New Braunfels neighborhoods, placing it below the metro median for safety. Nationally, the neighborhood sits in lower percentiles for both violent and property offenses, indicating elevated incident rates relative to many U.S. neighborhoods.
Investors commonly respond with standard risk mitigation—lighting, access control, and resident engagement—and by leaning on the area’s commuter convenience and service amenities to support retention. Monitoring year-over-year trends and submarket policing initiatives is prudent as part of ongoing asset management.
Proximity to major corporate anchors supports a broad workforce tenant base and commute convenience, particularly to media and financial services employers listed below.
- Iheartmedia — media headquarters (11.0 miles) — HQ
- Usaa — financial services (13.4 miles) — HQ
- Usaa Ops Building — financial services operations (13.6 miles)
- USAA Federal Savings Bank — banking (13.8 miles)
- Valero Energy — energy (17.4 miles) — HQ
The investment thesis centers on durable renter demand supported by a high renter-occupied share and neighborhood occupancy that ranks 201 of 595—competitive among San Antonio-New Braunfels neighborhoods. Rents are broadly mid-market, which, coupled with improving household incomes within a 3-mile radius, provides room for targeted value-add without overreaching on affordability. According to CRE market data from WDSuite, amenity access is strongest for groceries and pharmacies, helping daily livability and lease retention.
Forward-looking demographics indicate essentially flat population but meaningful growth in household counts alongside smaller household sizes, pointing to a larger tenant base and support for occupancy stability. Key underwriting watchpoints include safety metrics that trail national benchmarks, low average school ratings, and signs that more accessible ownership options in the area may limit pricing power—factors that argue for conservative rent growth assumptions and expense discipline.
- Competitive neighborhood occupancy supports stable leasing
- High renter-occupied share indicates deep tenant base
- Daily-needs retail (grocery/pharmacy) nearby bolsters retention
- Household growth and smaller sizes expand renter pool (3-mile radius)
- Risks: below-average safety, low school ratings, pricing power tempered by accessible ownership