| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 8th | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Campbell St, Cleveland, TX, 77327, US |
| Region / Metro | Cleveland |
| Year of Construction | 1987 |
| Units | 28 |
| Transaction Date | 2014-10-23 |
| Transaction Price | $125,400 |
| Buyer | MCADAMS BRANDY |
| Seller | ROBERSON TOMMY |
100 Campbell St Cleveland Multifamily Investment
Neighborhood occupancy is competitive among Houston-The Woodlands-Sugar Land submarkets and sits above national averages, supporting leasing stability according to WDSuites CRE market data. These metrics reflect the surrounding neighborhood, not the property, and point to steady renter demand in a workforce-oriented location.
Located in Clevelandan Inner Suburb within the Houston-The Woodlands-Sugar Land metrothe neighborhood carries a C- rating and performs competitive among Houston neighborhoods on occupancy (rank 534 of 1,491; 71st percentile nationally), signaling relatively steady tenant retention compared with many peers. Renter-occupied housing accounts for a majority share of units in the neighborhood (56.8%), which places the area in the top decile nationally for renter concentrationan indicator of a deeper tenant base for multifamily operators.
Amenity depth is mixed. Grocery access is stronger than average (around the 70th percentile nationally), and park availability trends above the national midpoint. Restaurants are near the national middle, while cafes and pharmacies are limited within the neighborhood footprint. For investors, this pattern suggests everyday convenience with fewer discretionary retail options immediately nearby, which can support workforce housing while reducing reliance on lifestyle-oriented retail.
Demographic statistics aggregated within a 3-mile radius indicate a broadly stable population today with a projected increase in households and population through 2028, pointing to a larger tenant base over the medium term. Forecast data also show rising household incomes and contract rents, which can underpin rent growth potential and support occupancy stability if lease management keeps affordability in focus.
Home values in the area sit on the lower end relative to national peers, and rent-to-income ratios are moderate. For multifamily, a high-cost ownership market is not the near-term driver here; instead, investor takeaways center on depth of renters and pricing that remains within reach for local incomes, balancing demand durability against potential competition from ownership options.
Comparable crime metrics for this neighborhood are not available in WDSuite for the current period, so metro-relative ranks and national percentiles cannot be shown. Investors should rely on supplemental sourcesincluding local law enforcement reports and professional third-party studiesto assess safety trends and any block-level considerations over time.
Regional employment centers within commuting range help anchor renter demand, led by energy, logistics, and healthcare offices that can support leasing and retention for workforce housing.
- National Oilwell Varco oilfield services (21.1 miles)
- FedEx Office Print & Ship Center logistics & office services (21.7 miles)
- Anadarko Petroleum energy (26.3 miles) HQ
- McKesson Specialty Health healthcare services (26.5 miles)
- Halliburton energy (32.6 miles) HQ
100 Campbell St is a 28-unit, 1987-vintage asset positioned in a neighborhood where occupancy trends are competitive within the Houston metro and above national averages, supporting a case for stable collections and retention. The assets slightly older vintage relative to nearby stock (average 1989) may present value-add and capital planning opportunities to modernize interiors and systems to strengthen competitive positioning.
Within a 3-mile radius, forecasts point to population and household growth alongside rising incomes and contract rentssignals of a larger tenant base and potential pricing power if operators manage affordability and renewal strategy carefully. According to CRE market data from WDSuite, the neighborhoods renter concentration is high, reinforcing multifamily demand, while lower home values suggest some competition from ownership that should be incorporated into underwriting and marketing strategy.
- Occupancy strength in the surrounding neighborhood supports leasing stability versus many Houston peers.
- 1987 vintage creates potential for targeted renovations and operational upgrades to drive NOI.
- 3-mile forecasts show renter pool expansion and income gains, aiding demand and rent growth potential.
- Workforce orientation and moderate rent-to-income levels can support retention with disciplined lease management.
- Risks: limited lifestyle amenities nearby, potential competition from homeownership, and incomplete public safety data.