| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Poor |
| Demographics | 19th | Poor |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6060 W Commerce St, San Antonio, TX, 78237, US |
| Region / Metro | San Antonio |
| Year of Construction | 1986 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6060 W Commerce St San Antonio Workforce Multifamily
Neighborhood renter demand is supported by an above-median occupancy environment and strong everyday amenities, according to WDSuite’s CRE market data. Positioning targets cost-conscious tenants in a submarket where renter-occupied share is elevated relative to many San Antonio neighborhoods.
Located in San Antonio’s inner-west side, the property sits in a neighborhood that is competitive among San Antonio-New Braunfels neighborhoods (rank 192 of 595) for amenity access. Grocery and park access score in the higher national percentiles, while cafes and pharmacies are limited locally. This mix tends to support day-to-day convenience for residents while keeping entertainment-oriented traffic modest.
The neighborhood’s occupancy rate is around the metro middle, and the share of housing units that are renter-occupied is comparatively high versus national norms. For investors, that points to a deeper tenant base and steadier leasing, even as pricing must remain aligned with a workforce profile.
Within a 3-mile radius, households have grown even as total population has edged lower, indicating smaller household sizes and a broader pool of individual renters entering the market. Forecasts show further increases in households through the mid-term outlook, which can support occupancy stability and absorption for modestly sized units.
Home values in the area are lower than many U.S. neighborhoods, which can create some competition from ownership alternatives. However, median contract rents in the surrounding area remain positioned for cost-sensitive renters, and rent-to-income levels suggest room for careful lease management rather than outsized pricing moves. The property’s 1986 vintage is newer than the neighborhood’s average stock from the late 1960s, offering relative competitiveness versus older assets, though planning for system updates or targeted renovations may still be prudent.
Relative to the San Antonio-New Braunfels metro, this neighborhood’s safety profile ranks weaker (crime rank 157 out of 595 metro neighborhoods, where lower rank indicates more crime). Compared with neighborhoods nationwide, safety metrics sit in lower percentiles, so underwriting should account for elevated security and management considerations.
That said, recent trend data shows improvement: both violent and property offense rates declined over the past year, with the pace of improvement placing the area above the national median for year-over-year change. For investors, that trajectory can aid leasing and retention if sustained, but it remains important to budget for ongoing safety measures and proactive operations.
Proximity to major corporate offices on the northwest corridor provides a broad employment base that supports renter demand and commute convenience for workforce tenants. Key nearby employers include financial services at USAA, media at iHeartMedia, and energy at Valero.
- USAA — insurance & financial services (7.1 miles) — HQ
- iHeartMedia — media (7.3 miles) — HQ
- USAA Ops Building — corporate offices (7.3 miles)
- USAA Federal Savings Bank — banking (7.5 miles)
- Valero Energy — energy (10.9 miles) — HQ
This 20-unit, 1986-vintage asset aligns with workforce demand in San Antonio’s inner-west side. Relative to older neighborhood stock, the vintage can offer a competitive edge with smaller-format units while leaving room for targeted value-add to modernize systems and interiors. Household growth within a 3-mile radius and a renter-occupied share above many areas of the metro support a stable tenant base and sustained occupancy.
Based on multifamily property research from WDSuite, neighborhood occupancy sits near the metro middle with everyday amenities (notably groceries and parks) scoring well nationally, which can aid leasing consistency. Counterbalancing factors include a safety profile below metro averages and ownership options that are comparatively accessible, suggesting a focus on operational execution, security, and value-oriented positioning.
- 1986 vintage is newer than local average stock, supporting competitive positioning with targeted renovations for value-add
- Renter-occupied share and household growth within 3 miles indicate depth of tenant base and leasing resilience
- Strong access to groceries, parks, and major employers supports retention and everyday convenience
- Risk: below-average safety metrics require budgeting for security and hands-on management
- Risk: comparatively accessible ownership options limit pricing power, favoring value-forward rent strategy