| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 43rd | Fair |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5314 Randolph Blvd, San Antonio, TX, 78233, US |
| Region / Metro | San Antonio |
| Year of Construction | 1985 |
| Units | 40 |
| Transaction Date | 1999-06-03 |
| Transaction Price | $6,106,300 |
| Buyer | WESTCLIFFE HOUSING FOUNDATION INC |
| Seller | AMERICAN FOUNDATION FOR HOUSING INC |
5314 Randolph Blvd San Antonio Multifamily Value-Add
Neighborhood occupancy trends in the low-90s suggest steady leasing conditions, according to WDSuite’s CRE market data, which tracks area performance rather than this specific property. With a 1985 vintage and 40 units, the asset may offer renovation upside in an Inner Suburb setting of San Antonio.
This Inner Suburb location balances everyday convenience with attainable rents for the metro. Grocery access is comparatively strong and restaurants are plentiful relative to many San Antonio submarkets, while parks, pharmacies, and cafes are thinner nearby. Average school ratings around 2.0 indicate school quality trends below metro norms, which may matter for family-oriented leasing strategies.
Area operations are supported by neighborhood occupancy in the low-90% range and above the metro median (ranked 294 among 595 metro neighborhoods), per commercial real estate analysis from WDSuite. Note that these occupancy indicators reflect the neighborhood, not this specific asset, and point to generally stable rent rolls rather than outsized pricing power.
Within a 3-mile radius, population has grown recently and is projected to continue expanding, with household counts rising and average household size easing. This combination typically widens the tenant base and can support lease-up and retention for well-positioned multifamily assets.
Tenure patterns show a meaningful share of housing units are renter-occupied today, underscoring depth in the local renter pool. Home values in the area are moderate for the region and a rent-to-income profile near the national middle suggests manageable affordability pressure, which can aid renewal rates but may temper near-term rent growth outperformance.
Vintage context: the neighborhood’s housing stock skews newer on average (mid-2000s), making a 1985 asset comparatively older. For investors, that points to capital planning for systems, interiors, and curb appeal to remain competitive against newer supply while capturing value-add upside.
Safety metrics for the immediate neighborhood trend weaker than many parts of the metro and trail national comparisons. The area ranks 442 out of 595 San Antonio–New Braunfels neighborhoods on crime, and national percentiles indicate lower relative safety, with violent and property offense measures in the lower deciles. Recent year-over-year estimates show mixed movement, so underwriting should account for security measures, insurance costs, and resident experience. These indicators describe neighborhood conditions rather than this specific property or block.
Proximity to several corporate offices supports a diversified white-collar and services employment base, reinforcing renter demand through commute convenience. Key nearby employers include iHeartMedia, CST Brands, Andeavor, and USAA offices.
- Iheartmedia — corporate offices (6.2 miles) — HQ
- Cst Brands — corporate offices (7.1 miles) — HQ
- Andeavor — corporate offices (7.6 miles) — HQ
- Usaa — corporate offices (11.4 miles) — HQ
- Usaa Ops Building — corporate offices (11.5 miles)
Built in 1985 with 40 units, this asset sits in a submarket where neighborhood occupancy runs above the metro median and rents remain broadly accessible for local incomes. According to CRE market data from WDSuite, the surrounding area’s tenant base is supported by ongoing population gains within a 3-mile radius and a meaningful concentration of renter-occupied housing units, which together can underpin lease stability.
Relative to newer nearby stock, the property’s vintage suggests actionable value-add opportunities—interior updates, exterior refresh, and system modernization—to enhance competitiveness and drive NOI. Investors should balance this upside against local school ratings and safety indicators that trend below broader benchmarks, which may require targeted marketing, management focus, and security planning.
- Neighborhood occupancy above metro median supports rent roll durability
- 1985 vintage presents clear value-add and CapEx-driven upside versus newer stock
- 3-mile population and household growth expands the renter pool over time
- Commute access to major employers (iHeartMedia, USAA) aids leasing and retention
- Risks: below-average school ratings and weaker safety metrics may require enhanced operations