| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Fair |
| Demographics | 38th | Fair |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9511 Perrin Beitel Rd, San Antonio, TX, 78217, US |
| Region / Metro | San Antonio |
| Year of Construction | 1983 |
| Units | 24 |
| Transaction Date | 1996-04-17 |
| Transaction Price | $149,500 |
| Buyer | AMERICAN OPPORTUNITY FOR HOUSING INC |
| Seller | WATERTON SQUARE LP |
9511 Perrin Beitel Rd San Antonio 24-Unit Multifamily
Neighborhood renter concentration is high at 61.2% renter-occupied units, supporting a deeper tenant base, and occupancy has edged up in recent years according to WDSuite s CRE market data from ongoing commercial real estate analysis.
The property sits in an inner-suburban pocket of San Antonio with everyday conveniences nearby. Neighborhood grocery and pharmacy access trend above national medians, and park access is in the top quartile nationally, while restaurants are moderately represented. Caf e9s and formal childcare options are limited in immediate density, which may modestly affect lifestyle appeal for some residents.
Renter-occupied share in the neighborhood is 61.2%, indicating a sizable pool of multifamily demand and potential leasing throughput. Median asking rents at the neighborhood level are mid-market, but the rent-to-income ratio signals some affordability pressure, suggesting prudent rent management to support retention. Home values and the value-to-income ratio are elevated versus many areas, which can reinforce reliance on rental housing and support occupancy stability.
Within a 3-mile radius, demographics show a slight population dip in the recent past alongside an increase in households, pointing to smaller household sizes and steady renter pool formation. Forward-looking projections indicate growth in both population and households over the next five years, expanding the local tenant base and supporting leasing fundamentals. These dynamics align with stable workforce housing demand patterns seen across the San Antonio metro, based on CRE market data from WDSuite.
Relative to the metro, the neighborhood ranks 259 out of 595 overall (above metro median), with housing and amenities competitive among San Antonio neighborhoods. For schools, third-party ratings in the immediate area are limited, so family-oriented leasing assumptions should emphasize convenience, transit access, and community offerings over school-driven demand.
Safety conditions are mixed when compared with broader benchmarks. The neighborhood ranks 166 out of 595 San Antonio metro neighborhoods for crime, indicating more reported incidents than many local areas. Nationally, the neighborhood sits below median safety levels, but recent trends show improvement: estimated property offenses declined year over year, and violent offense rates have eased modestly.
For underwriting, this typically means emphasizing lighting, access control, and community engagement to support resident retention and leasing stability. As always, investors should review the most current, property-specific security measures and area trends alongside WDSuite s CRE market data.
Nearby anchor employers span media, energy, and financial services, providing a diversified employment base that supports renter demand and commute convenience for residents. The list below highlights Iheartmedia, CST Brands, Andeavor, USAA, and the USAA Ops Building by proximity.
- Iheartmedia d media (4.6 miles) d HQ
- Cst Brands d fuel retail (6.8 miles) d HQ
- Andeavor d energy refining (6.8 miles) d HQ
- Usaa d financial services (9.6 miles) d HQ
- Usaa Ops Building d financial services operations (9.7 miles)
This 24-unit asset benefits from a strong renter base in the immediate neighborhood, where 61.2% of housing units are renter-occupied, supporting leasing velocity and a deeper pool of prospective tenants. Neighborhood occupancy has trended slightly higher in recent years, and within a 3-mile radius, projections point to growth in both population and households, expanding the tenant base and underpinning long-run absorption. According to CRE market data from WDSuite, everyday amenities are accessible, with parks and pharmacies comparatively strong, which aids livability for workforce renters.
Balanced underwriting should acknowledge that rent-to-income ratios indicate some affordability pressure, suggesting disciplined renewal strategies, and safety metrics trail national norms even as recent trends improve. Homeownership costs are relatively high in context, which can sustain rental reliance and support occupancy, though income levels in the immediate neighborhood may temper near-term rent growth expectations.
- High neighborhood renter concentration supports a deeper tenant pool and leasing stability.
- Projected 3-mile household growth expands demand and supports occupancy over time.
- Everyday amenities and parks/pharmacies strengthen livability for workforce renters.
- Ownership costs relatively high in context, reinforcing reliance on multifamily rentals.
- Risks: below-median safety and affordability pressure require careful lease and CapEx planning.