| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 45th | Fair |
| Amenities | 46th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6300 Rue Marielyne St, San Antonio, TX, 78238, US |
| Region / Metro | San Antonio |
| Year of Construction | 1984 |
| Units | 72 |
| Transaction Date | 2015-07-07 |
| Transaction Price | $8,375,000 |
| Buyer | 6300 RUE MARIELYNE PROPERTY OWNER LLC |
| Seller | SIERRA 6300 LLC |
6300 Rue Marielyne St San Antonio Multifamily Investment
Neighborhood occupancy has hovered near the national middle with a high renter concentration, pointing to a stable tenant base for multifamily owners according to WDSuite’s CRE market data. These metrics describe the surrounding neighborhood, not the property, and support steady leasing fundamentals in this inner-suburb location.
Situated in San Antonio’s inner suburbs, the neighborhood registers a B+ rating and performs around the national middle on overall CRE fundamentals, per WDSuite. Grocery and restaurant density are strengths — both sit in the top quartile nationally — which supports daily convenience and resident retention. In contrast, parks, cafes, and childcare options are limited locally, which investors should factor into resident experience and amenity programming on-site.
Multifamily fundamentals are balanced: neighborhood occupancy is around the national median, and the share of renter-occupied housing units is elevated, indicating depth in the tenant pool and potential leasing stability. Median contract rents are mid-market by national standards and have trended upward in recent years, and WDSuite’s data indicates continued rent growth in the area.
Within a 3-mile radius, households have grown over the last five years and are projected to expand further, while average household size trends smaller — a combination that typically enlarges the renter pool and supports occupancy stability. Incomes in the 3-mile area have risen meaningfully, with both mean and median figures improving over the last five years, which can underpin rent collections and renewal probability.
For-sale housing sits in a higher-cost ownership context relative to incomes (high national percentile for value-to-income ratio), which tends to reinforce reliance on rental options and can sustain pricing power for well-positioned multifamily assets. The property’s 1984 vintage is newer than the neighborhood’s average construction year, offering a competitive edge over older stock; targeted modernization can further enhance rentability while planning for aging systems typical of 1980s construction.
Safety indicators are mixed and should be contextualized. Within the San Antonio–New Braunfels metro, this neighborhood ranks 46th out of 595 neighborhoods on crime (a lower rank indicates higher crime relative to the metro). Nationally, composite safety sits modestly above the middle, while individual categories point to higher-than-average property and violent offense exposure.
Encouragingly, WDSuite reports a meaningful year-over-year decline in both property and violent offense estimates in the neighborhood, signaling improving trends. Investors should underwrite prudent security measures and lean on recent trend improvement rather than block-level assumptions.
The area draws demand from large corporate employers offering diversified office and financial services roles, supporting commute convenience and renter retention. Nearby anchors include USAA (and related facilities), Valero Energy, and iHeartMedia.
- USAA — financial services HQ (3.7 miles) — HQ
- USAA Ops Building — financial services operations (3.9 miles)
- USAA Federal Savings Bank — banking (4.0 miles)
- Valero Energy — energy HQ (6.8 miles) — HQ
- iHeartMedia — media HQ (7.8 miles) — HQ
This 72‑unit asset built in 1984 sits in an inner-suburb location with neighborhood occupancy near the national median and a high share of renter-occupied units, supporting a durable tenant base. For-sale housing carries elevated value-to-income ratios, which often sustains rental demand and pricing power for well-maintained multifamily. According to CRE market data from WDSuite, grocery and restaurant access are a relative strength, while limited parks and café density suggest on-site amenity programming can differentiate. The 1984 vintage is newer than the neighborhood average, offering competitive positioning versus older stock and potential value-add via targeted modernization and systems updates.
Within a 3-mile radius, households have increased and are projected to rise further over the next five years, with smaller household sizes expanding the renter pool — supportive of occupancy stability and renewal potential. Recent improvements in reported offense rates point to a positive safety trend; nonetheless, underwriting should reflect metro-relative exposure and rent-to-income sensitivity.
- High renter-occupied share in the neighborhood supports depth of demand and lease-up resilience.
- 1984 vintage is newer than local average, with value-add upside through modernization and selective capital planning.
- Ownership costs are elevated versus incomes, reinforcing reliance on rental housing and potential pricing power.
- 3-mile household growth and smaller household sizes expand the renter pool, supporting occupancy stability.
- Risks: metro-relative crime exposure, amenity gaps (parks/cafes), and rent-to-income pressure warrant conservative underwriting.