| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Poor |
| Demographics | 19th | Poor |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 535 W Hutchins Pl, San Antonio, TX, 78221, US |
| Region / Metro | San Antonio |
| Year of Construction | 1985 |
| Units | 45 |
| Transaction Date | 2010-06-01 |
| Transaction Price | $1,125,000 |
| Buyer | BP HUTCHINS LLC |
| Seller | HUTCHINS PLACE 535 LLC |
535 W Hutchins Pl San Antonio Multifamily Investment
Positioned in an inner-suburban pocket with steady renter demand and everyday amenities, this 45-unit asset offers defensible occupancy supported by neighborhood fundamentals, according to WDSuite’s CRE market data. Restaurants, groceries, and childcare are accessible nearby, balancing value-oriented rents with a practical living location for workforce tenants.
The property sits in an Inner Suburb of San Antonio where neighborhood livability is driven by everyday convenience more than lifestyle retail. Dining density is strong — restaurants and cafes rank in the upper decile nationally — and grocery access tracks above national norms, which supports day-to-day appeal for renters and leasing velocity. Park and pharmacy access are limited within the neighborhood, so on-site amenities and property management services may play an outsized role in retention.
Neighborhood occupancy is around typical metro levels, and the share of renter-occupied housing is comparatively elevated versus many U.S. neighborhoods, indicating a meaningful tenant base for smaller units. Within a 3-mile radius, households have grown while average household size has declined, pointing to more, smaller households entering the market — a setup that can expand the renter pool for studios and smaller one-bedrooms.
Construction year matters for competitive positioning: built in 1985, the asset is newer than the neighborhood’s average vintage from the early 1970s, which can be an advantage versus older stock. Investors should still plan for aging-system refreshes and targeted modernization to strengthen rentability and reduce future capital surprises.
Home values in the surrounding neighborhood sit well below national medians, creating a relatively accessible ownership landscape. That can temper pricing power at the margin but also sustains demand for well-managed, conveniently located rentals that deliver predictable costs. School ratings in the area trend below national averages, which may be less of a headwind for smaller unit mixes but is relevant for resident profile and lease management.
Safety indicators rank in the lower tier among 595 San Antonio metro neighborhoods, and national percentiles also sit below the median, signaling a setting with higher reported crime than many U.S. neighborhoods. Recent year-over-year changes point to modest increases across both property and violent offense measures. Investors commonly address this with lighting, access control, and community standards to support resident comfort and retention.
- Iheartmedia — media (10.3 miles) — HQ
- Usaa — insurance and financial services (13.5 miles) — HQ
- Usaa Ops Building — insurance and financial services (13.7 miles)
- USAA Federal Savings Bank — financial services (14.0 miles)
- Valero Energy — energy (17.7 miles) — HQ
Nearby anchor employers in media, financial services, and energy broaden the regional workforce base and support renter demand through commute convenience to South and Northwest San Antonio.
This 1985-vintage, 45-unit property aligns with value-oriented renter demand in an inner-suburban location where dining and grocery access are strong by national comparison. Neighborhood occupancy sits near metro norms and renter concentration is above many areas, supporting a durable tenant base for smaller unit sizes. According to CRE market data from WDSuite, local home values are comparatively low, which can limit outsized pricing power but helps sustain steady leasing for well-managed communities.
Within a 3-mile radius, the past five years show household growth alongside smaller household sizes, with forecasts pointing to renewed population growth and more households by 2028 — trends that typically expand the renter pool and support occupancy stability. Strategic upgrades that address aging building systems and add convenience features can further differentiate the asset versus older stock while managing operating risk.
- Inner-suburban location with strong everyday amenities supports leasing and retention
- 1985 vintage is competitive versus older neighborhood stock; targeted modernization can unlock value
- Renter base depth and household formation trends within 3 miles support occupancy stability
- Value-oriented market reinforces steady demand but may temper pricing power compared to higher-cost submarkets
- Key risks: below-median safety metrics, limited parks/pharmacy access, and lower school ratings requiring proactive management