| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 17th | Poor |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 333 Hedges St, San Antonio, TX, 78203, US |
| Region / Metro | San Antonio |
| Year of Construction | 1995 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
333 Hedges St, San Antonio — 48-Unit Multifamily Opportunity
1995 vintage asset positioned near downtown amenities, with neighborhood renter demand supported by a relatively high renter concentration and a high value-to-income ownership market, according to WDSuite’s CRE market data.
Situated in San Antonio’s inner-suburban fabric, the property benefits from a B+ neighborhood rating and ranks 212 out of 595 in the metro — competitive among San Antonio-New Braunfels neighborhoods based on WDSuite’s commercial real estate analysis. The area offers convenient daily needs coverage, with restaurants, parks, groceries, and pharmacies indexed in the low-to-mid 80s nationally, reinforcing resident livability and day-to-day leasing appeal.
The 1995 construction stands newer than the neighborhood’s older average stock (1963), which can enhance competitive positioning versus nearby legacy assets. For investors, this typically points to more targeted modernization rather than full-scale capital overhauls, while still allowing value-add strategies through unit and common-area updates.
Neighborhood data indicates a renter-occupied housing share that sits in a higher national percentile, signaling depth in the tenant base and real potential for leasing velocity. At the same time, neighborhood occupancy levels trail national benchmarks, so underwriting should emphasize leasing execution and retention planning rather than assuming rapid stabilization.
Ownership costs in the area are elevated relative to incomes (high national percentile for value-to-income ratios), which tends to sustain reliance on rental housing and supports pricing power during lease-up cycles. However, rent-to-income readings point to affordability pressure for some households; proactive lease management and renewal strategies can help maintain occupancy stability. Demographic indicators aggregated within a 3-mile radius show household counts growing alongside smaller average household sizes, which can expand the renter pool and support multifamily demand over the medium term.
Safety metrics are mixed. The neighborhood’s crime position is mid-pack locally (ranked 300 out of 595 metro neighborhoods), while national comparisons indicate lower safety percentiles — signaling elevated crime exposure versus many U.S. neighborhoods. Property offenses have shown notable year-over-year improvement, placing in a stronger national percentile for trend direction, but violent offense trends have been more uneven. Investors should incorporate standard security, lighting, and access-control measures into capital planning and consider partnership with community programs to support resident confidence.
- Iheartmedia — media HQ (5.3 miles) — HQ
- Usaa — financial services HQ (10.6 miles) — HQ
- Usaa Ops Building — financial services operations (10.8 miles)
- USAA Federal Savings Bank — banking operations (11.1 miles)
- Andeavor — energy HQ (13.7 miles) — HQ
This 48-unit, 1995-built property offers relative competitiveness versus older neighborhood stock, with day-to-day amenities and proximity to major employment nodes supporting resident appeal. According to CRE market data from WDSuite, the surrounding neighborhood is competitive within the metro and shows strong amenity access, while a high value-to-income ownership landscape helps sustain renter reliance on multifamily housing. Household growth within a 3-mile radius, coupled with smaller household sizes, points to a larger tenant base over time.
Key underwriting considerations include neighborhood occupancy that trails national benchmarks, affordability pressure indicated by rent-to-income levels, and safety metrics that warrant active property management and security planning. These factors argue for disciplined lease-up assumptions, targeted renovations, and expense contingencies that align with value-add execution.
- 1995 vintage offers competitive positioning versus older local stock with targeted value-add potential
- Amenity-rich inner-suburban location and proximity to major employers support leasing and retention
- Elevated ownership costs relative to incomes reinforce multifamily demand and pricing power
- Expanding household counts within 3 miles suggest a larger renter pool over the medium term
- Risks: softer neighborhood occupancy, affordability pressure, and safety exposure require cautious underwriting