| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 17th | Poor |
| Amenities | 37th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 127 Sunnydale St, Jacksonville, TX, 75766, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1976 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
127 Sunnydale St Jacksonville TX Multifamily Investment
Neighborhood occupancy is competitive and renter concentration is high, supporting stable leasing dynamics according to WDSuite’s CRE market data. Positioned in Jacksonville, the asset benefits from everyday retail access that helps sustain renter demand.
The property sits in an Inner Suburb neighborhood of Jacksonville with an A- neighborhood rating and a rank of 7 among 27 local neighborhoods, indicating it is competitive within the metro. Grocery and restaurant density score near the top locally (both ranked 1 of 27), placing the area in the upper tiers nationally for everyday convenience. Café availability is also competitive among Jacksonville, TX neighborhoods, which can aid renter retention by reducing daily commute frictions for essentials.
Neighborhood occupancy is 94.1% (ranked 7 of 27), which is competitive among Jacksonville, TX neighborhoods and signals healthy renter demand. The neighborhood’s renter-occupied share is relatively high (ranked 2 of 27 and in the higher national percentiles), pointing to a deeper tenant base for multifamily operators. Median contract rents in the neighborhood remain on the lower side nationally, which can support lease retention, though it may temper near-term pricing power.
Within a 3-mile radius, demographics show a modest population contraction in recent years, but projections indicate household counts are expected to increase, which would expand the tenant base and support occupancy stability. Median incomes have risen in the past five years, while rent levels remain comparatively accessible, suggesting manageable affordability pressure for many renters and the potential for steady renewal performance.
Home values are lower in absolute terms but relatively elevated against local incomes by national comparison, which tends to reinforce reliance on rental housing and can support sustained demand for multifamily units. Average school ratings in the neighborhood trail national averages, a consideration for family-oriented demand and positioning. Construction trends show the local stock is newer on average (1985) than this asset’s 1976 vintage, implying value-add and capital planning opportunities to remain competitive versus newer neighboring product.
Comparable crime statistics for this specific neighborhood are not available in WDSuite’s dataset for the current period, so no direct safety ranking is provided. Investors should evaluate multi-year, city- and county-level trends alongside property-level measures and management practices to contextualize risk and align underwriting with local enforcement and community initiatives.
This 64-unit, 1976-vintage asset competes in a neighborhood with solid occupancy and a high share of renter-occupied housing, supporting depth of demand and day-one leasing stability. Everyday retail access is strong locally, and ownership remains relatively costly versus incomes by national comparison, which supports continued reliance on multifamily rentals. According to CRE market data from WDSuite, neighborhood occupancy performs competitively within Jacksonville, suggesting a supportive backdrop for maintaining collections and renewals while executing targeted value-add.
Operationally, lower national positioning on rent levels can aid retention but may moderate near-term rent growth expectations. The older vintage versus the area’s average stock creates clear pathways for renovation-driven NOI improvements, paired with prudent capital planning. Key risks include smaller-metro demand depth, below-average school ratings, and mixed near-term demographic signals within a 3-mile radius; thoughtful asset management and positioning can mitigate these factors.
- Competitive neighborhood occupancy supports leasing stability
- High renter-occupied share indicates a deeper tenant base
- Everyday retail access aids retention and day-to-day convenience
- 1976 vintage offers value-add and modernization upside versus newer local stock
- Risks: small-metro depth, lower school ratings, and variable 3-mile demographic trends