| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 60th | Good |
| Amenities | 12th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2300 Chalet Trl, Kerrville, TX, 78028, US |
| Region / Metro | Kerrville |
| Year of Construction | 1984 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2300 Chalet Trl Kerrville Multifamily Investment Opportunity
Positioned in a suburban Kerrville neighborhood with strong ownership costs relative to incomes, this asset benefits from durable renter reliance and steady demand, according to WDSuite’s CRE market data. The area’s tenant base skews toward smaller households, supporting practical unit mixes and retention-focused operations.
The property sits within a suburban Kerrville neighborhood rated B+, ranking 9 out of 24 locally—competitive among Kerrville neighborhoods. Local amenities are serviceable but not dense; grocery access ranks 10 of 24, while cafes and parks are thinner. For investors, this points to quiet, residential positioning rather than high-foot-traffic convenience.
Neighborhood home values are elevated relative to incomes (high national percentile), creating a high-cost ownership market that tends to sustain rental demand and support lease retention. Rent levels relative to income appear manageable for many households, which can help mitigate turnover and bolster pricing power over time.
Construction vintage in the neighborhood averages the late 1980s. With a 1984 build, the property is slightly older than nearby stock, which suggests clear value‑add and capital planning opportunities (systems modernization, interiors, and curb appeal) to sharpen competitive positioning against newer alternatives.
Tenure data within a 3‑mile radius indicates a meaningful renter-occupied share alongside a sizable owner base, signaling a viable tenant pool without oversaturation. Although the recent five-year period showed softening in population and households, WDSuite’s projections within a 3‑mile radius point to growth in population and household counts through 2028—implying a larger tenant base and support for occupancy stability as new households form or shift toward rentals.
Based on WDSuite’s neighborhood benchmarks, safety compares favorably to national averages, with both violent and property offense measures landing in stronger national percentiles. Within the Kerrville metro, the area’s crime profile ranks 8 of 24—competitive among Kerrville neighborhoods—and recent trends indicate year‑over‑year improvement in violent incidents.
For investors, this positioning supports leasing narratives focused on stability and everyday livability without over‑promising block‑level outcomes. As always, underwriting should consider property‑level controls and lighting, plus standard resident‑experience measures.
Employer listings with verified distances are not available in the current WDSuite dataset for this address. Investors can expect renter demand to reflect Kerrville’s regional mix of healthcare, education, public sector, and services employers accessible by car commutes.
Built in 1984, the asset offers clear value‑add potential through targeted renovations and systems updates to compete effectively against slightly newer neighborhood stock. The local ownership market is relatively high‑cost versus incomes, which generally reinforces reliance on multifamily housing and can support occupancy stability and rent growth management. According to CRE market data from WDSuite, the neighborhood’s safety profile compares well to national benchmarks, and demographic projections within a 3‑mile radius indicate a larger renter pool by 2028—both supportive of leasing and retention.
Operationally, rent-to-income dynamics appear manageable for many households, which can aid renewal rates, while a balanced renter concentration suggests depth without oversupply. Risks include modest current amenity density and the property’s older vintage, underscoring the importance of disciplined capex to drive competitiveness and cash flow durability.
- High-cost ownership market supports sustained rental demand and retention
- 1984 vintage presents value‑add and systems‑upgrade upside versus newer comps
- Safety compares well nationally, aiding leasing narratives and tenant stickiness
- 3‑mile projections indicate population and household growth, expanding the renter base
- Risks: lighter amenity density and aging systems require focused capex and asset management