| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Poor |
| Demographics | 16th | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2520 Beatty St, Houston, TX, 77023, US |
| Region / Metro | Houston |
| Year of Construction | 1976 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2520 Beatty St Houston Multifamily Investment
Renter demand is supported by a sizable renter-occupied housing base in the surrounding neighborhood and proximity to major employment nodes, according to WDSuites CRE market data. Expect steady leasing interest driven by commute convenience, with pricing set by local income levels.
The property sits in Houstons inner-suburban fabric with everyday amenities close by. Neighborhood data indicate strong grocery and park access (both comparative strengths locally), while cafes and pharmacies are less concentrated. For investors, this mix points to practical livability that can aid retention even if lifestyle retail is not a defining draw.
At the neighborhood level, occupancy is below metro norms, suggesting leasing may require active management and competitive positioning. Median contract rents benchmark around the national mid-range, so underwriting should emphasize income alignment and renewal strategy rather than outsized rent growth assumptions.
Tenure data show roughly half of housing units are renter-occupied, signaling a deep tenant base for multifamily. Within a 3-mile radius, household counts have increased while population edged down, implying smaller household sizes and a broader pool of renters entering the marketfactors that can support occupancy stability over time.
The average neighborhood construction year trends older than modern stock. With a 1976 vintage, this asset is somewhat newer than the local average, offering relative competitiveness versus older buildings while still warranting capital planning for systems modernization or targeted value-add to meet todays renter expectations.
Home values in the area are comparatively accessible versus high-cost coastal markets. That context can create some competition from ownership, but it also widens the renter pool seeking quality, well-managed apartments and can support lease retention when paired with disciplined pricing and service.
Neighborhood safety indicators track below national norms, with crime ranks positioned in the weaker half among 1,491 Houston metro neighborhoods. Recent year-over-year readings point to elevated property and violent offense rates relative to many U.S. neighborhoods. For investors, this warrants attentive security posturelighting, access controls, and resident engagementand prudent underwriting for insurance and operating reserves rather than assuming rapid improvement. Trends should be monitored over multiple periods to confirm direction.
- Waste Management waste & environmental services (4.5 miles) HQ
- Centerpoint Energy utilities (4.8 miles) HQ
- Kinder Morgan midstream energy (4.8 miles) HQ
- Calpine power generation (4.8 miles) HQ
- Enterprise Products Partners midstream energy (4.8 miles) HQ
A concentration of downtown energy and infrastructure headquarters within 5 miles underpins steady workforce housing demand and convenient commutes for residents, supporting leasing durability and renewal potential.
2520 Beatty St offers scale at 72 units in an inner-suburban Houston location with strong commuter access to multiple headquarters. According to commercial real estate analysis from WDSuite, neighborhood rents sit near national mid-range levels, while a substantial share of renter-occupied housing units and growing household counts within a 3-mile radius point to a durable tenant base. Occupancy at the neighborhood level trails metro leaders, so performance will hinge on hands-on leasing, renewals, and service-driven retention.
Built in 1976, the asset stands somewhat newer than the local average vintage, creating room for targeted upgrades to sharpen competitive positioning versus older stock. Amenity access is anchored by groceries and parks, which can support day-to-day livability and renewal conversations. Pricing power should track local incomes; underwriting should balance value-add upside with prudent allowances for security, marketing, and concessions as needed.
- Workforce demand drivers from nearby energy and infrastructure HQs support leasing depth
- 1976 vintage offers value-add and systems modernization pathways versus older neighborhood stock
- Grocery and park access bolster livability and renewal potential
- Risk: neighborhood safety metrics and below-metro occupancy require security investment and active leasing
- Pricing should align with local incomes; ownership accessibility may create competitive pressure