| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 33rd | Good |
| Demographics | 66th | Fair |
| Amenities | 20th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 111 NW Main St, Junction, TX, 76849, US |
| Region / Metro | Junction |
| Year of Construction | 1991 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
111 NW Main St, Junction TX Multifamily Investment
Investor positioning centers on renter retention supported by low rent-to-income levels in the surrounding neighborhood, according to WDSuite’s CRE market data, while a smaller renter base may temper near-term pricing power.
Junction’s Suburban neighborhood context offers a small-town living environment with limited walkable amenities. Amenity access trends sit below national norms (amenities measure the neighborhood, not the property), which suggests residents rely on driving for daily needs. Neighborhood occupancy is well below typical U.S. levels, indicating cautious assumptions for lease-up velocity and renewal capture at the submarket level rather than the property itself.
The renter-occupied share of housing units in the neighborhood is modest, signaling a smaller multifamily tenant base relative to many markets. For investors, that can translate to steadier existing tenancies when well-managed but a thinner pipeline of prospective renters, which puts a premium on local marketing and resident retention programs.
Within a 3-mile radius, demographics reflect a small population base with a solid income profile and higher-than-average educational attainment compared to many U.S. neighborhoods. This mix supports reliable rent collections for appropriately positioned product, but demand depth remains local in nature, reinforcing the importance of competitive positioning versus nearby rental options.
Ownership costs in the area are moderate by national standards, and rent-to-income ratios are low at the neighborhood level. For multifamily operators, this combination typically supports retention and payment performance but can limit near-term pricing power, as more accessible ownership alternatives may compete with rentals. These dynamics, based on CRE market data from WDSuite, favor disciplined renewal strategies and value-oriented unit offerings over aggressive rent pushes.
Neighborhood-level safety metrics specific to this location are not available in the dataset provided. Investors should compare recent city and county reports to regional trends to understand how Junction’s safety profile aligns with similar small Suburban neighborhoods in the region.
As with any asset in a smaller market, underwriting typically benefits from on-the-ground diligence: review multi-year trend data from local agencies, speak with nearby operators, and assess property-level controls to contextualize risk relative to the broader region rather than block-level anecdotes.
111 NW Main St is a 1991-vintage, small-scale multifamily asset in Junction, Texas. The surrounding neighborhood shows low rent-to-income levels and a modest renter-occupied share, which together point to a focus on tenant retention and operational discipline over outsized rent growth. Based on CRE market data from WDSuite, neighborhood occupancy sits below national norms, reinforcing the need for pragmatic lease-up expectations and strong resident services to sustain performance.
The 1991 construction year suggests planning for system modernization and selective unit updates, creating value-add potential where renovations can sharpen competitiveness against local alternatives. With ownership relatively accessible in the area, pricing strategy should emphasize durable cash flow through renewals, thoughtful amenity upgrades, and cost control rather than aggressive rent pushes.
- Low rent-to-income in the neighborhood supports retention and collections when operations are well-managed
- 1991 vintage offers clear modernization and value-add angles to enhance competitiveness
- Small-market setting favors disciplined leasing and service-oriented management to stabilize occupancy
- Risk: modest renter-occupied share and below-average neighborhood occupancy can slow lease-up and cap pricing power