| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 49th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1105 Anderson St, College Station, TX, 77840, US |
| Region / Metro | College Station |
| Year of Construction | 1980 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1105 Anderson St, College Station Multifamily Investment
Renter demand is supported by a high neighborhood renter concentration and solid occupancy, according to WDSuite’s CRE market data, pointing to stable leasing fundamentals for well-positioned assets.
Located in an Inner Suburb of College Station, the neighborhood ranks 6 out of 93 metro neighborhoods overall, signaling competitive positioning within the market. Amenity access trends positive versus national benchmarks, with restaurants and grocery options in higher national percentiles, and parks and pharmacies placed in top-tier percentiles, supporting day-to-day livability that helps leasing velocity and retention.
Neighborhood occupancy is strong and sits in the top quartile among 93 metro neighborhoods, with national positioning also above average. The share of housing units that are renter-occupied is exceptionally high for the neighborhood — near the top of both the metro and national distributions — indicating a deep tenant base that typically supports absorption and reduces downtime between turns.
Rent levels in the neighborhood tend to trail the national midpoint while home values have risen meaningfully over the past five years. With a high value-to-income ratio relative to national norms, ownership remains a higher-cost path for many households, which generally sustains reliance on multifamily rentals and can support pricing power at attainable rent tiers. Lease management should still account for rent-to-income considerations to protect retention.
Within a 3-mile radius, demographics skew toward young adults, and both population and household counts have grown over the last five years, with forecasts indicating additional renter pool expansion. This growth, combined with above-average amenity access and school ratings around the national mid-to-upper range, supports the area’s multifamily demand fundamentals.
The property’s 1980 vintage is slightly newer than the neighborhood’s typical construction year (late 1970s). Investors should underwrite for ongoing capital needs common to assets of this era while evaluating value-add potential through system upgrades and selective interior modernization to enhance competitiveness versus older stock.
Safety metrics for the neighborhood are mixed in the context of the College Station-Bryan metro and national comparables. The neighborhood’s overall crime placement is below the metro median (ranked 58 out of 93), indicating safety outcomes that warrant monitoring relative to peer areas. Nationally, property offense rates position somewhat better than mid-range, while violent offense levels are closer to the national middle.
Recent year-over-year estimates indicate an uptick in both property and violent offense rates. Investors should incorporate prudent security measures and operating practices, and compare submarket-level trends during diligence to ensure on-the-ground patterns align with underwriting expectations.
This 51-unit asset offers exposure to a renter-heavy neighborhood with occupancy that ranks in the top quartile within the metro. According to CRE market data from WDSuite, the area’s amenity access and above-average occupancy support steady demand, while elevated ownership costs relative to incomes reinforce reliance on rental housing. The 1980 vintage provides a feasible platform for targeted renovations to improve rent positioning versus older competitors.
Within a 3-mile radius, recent and forecast increases in population and households point to a larger tenant base over time, and the young adult skew supports demand for smaller, more efficient floor plans. Underwriting should consider rent-to-income affordability pressure and mixed but watchlist-worthy safety trends, balanced by the neighborhood’s competitive ranking and strong renter concentration.
- Renter-heavy neighborhood with above-metro occupancy supports leasing stability
- Amenity access in strong national percentiles aids retention and absorption
- 1980 vintage offers value-add potential via systems and interior updates
- 3-mile radius shows growing households and a young adult renter base
- Risks: affordability pressure (rent-to-income) and safety trends require disciplined operations