| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 31st | Fair |
| Demographics | 28th | Poor |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2712 Avenue A, Bay City, TX, 77414, US |
| Region / Metro | Bay City |
| Year of Construction | 1975 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2712 Avenue A, Bay City TX Multifamily Investment
Amenity access and a renter-occupied base support steady leasing potential in Bay City, according to WDSuite’s CRE market data, with affordability positioning that favors workforce demand.
Located in an Inner Suburb pocket of Bay City (neighborhood rating: B+), the area ranks 6 out of 18 metro neighborhoods — competitive among Bay City neighborhoods — offering a practical quality of life for renters and property operators.
Daily convenience is a relative strength: cafes and childcare density rank first among 18 local neighborhoods and sit in the upper national percentiles, and grocery access is similarly strong. By contrast, limited parks and pharmacy presence signal fewer recreational and health retail options, which can influence resident experience and retention strategies.
Renter-occupied housing accounts for roughly 40% of units in the neighborhood, a level that is above many U.S. neighborhoods and supports a dependable tenant base for multifamily. Neighborhood occupancy has improved over the past five years, though levels remain below many metros, suggesting operators may prioritize leasing management and resident retention over aggressive near-term pricing.
Within a 3-mile radius, households have grown even as population edged lower, pointing to smaller household sizes and a gradual expansion of the renter pool. Looking ahead, forecasts indicate growth in population and households by 2028, which would broaden demand for rentals and support occupancy stability. Home values in this area are comparatively low versus national norms, which can create some competition from ownership; however, rent levels remain approachable and rent-to-income ratios suggest manageable affordability pressure, aiding lease retention.
The property’s 1975 vintage is newer than the neighborhood’s older housing stock. That relative age can be a competitive differentiator versus pre-1960s assets, while still offering value-add opportunities through targeted system updates and interior renovations to capture modern renter expectations.
Neighborhood-level safety metrics were not available for this location in WDSuite’s dataset. Investors typically compare citywide and county trends against submarket leasing performance and implement on-site measures (lighting, access control, community engagement) to support resident comfort and retention over the hold period.
Employer proximity data with reliable distances was not available in WDSuite for this address. In smaller Texas markets like Bay City, leasing often reflects a mix of local services, healthcare, education, and industrial employers; investors can validate commute patterns during due diligence to gauge workforce-driven demand.
This 40-unit, 1975-vintage asset offers a practical workforce housing profile in a Bay City neighborhood that is competitive within the metro on daily conveniences. The area’s renter-occupied share near half supports a consistent tenant base, and rent-to-income dynamics indicate manageable affordability pressure that can aid retention. According to CRE market data from WDSuite, neighborhood occupancy has trended upward, suggesting demand resilience even if absolute levels remain below larger metros — a cue to focus on leasing execution and renewals over aggressive short-term rate pushes.
Relative to the metro’s older housing stock, the property’s vintage provides a positioning edge against pre-1960s assets while preserving renovation upside. Forward-looking 3-mile projections point to growth in households by 2028, which would expand the renter pool and support stable absorption. Low comparative home values can introduce competition from ownership; careful pricing, amenity upgrades, and operational focus are key to sustaining occupancy and cash flow.
- Renter base and approachable rents support demand depth and retention
- Upward neighborhood occupancy trend (WDSuite) reinforces leasing stability focus
- 1975 vintage is newer than much of the local stock, with value-add and modernization potential
- Risks: ownership alternatives may compete with rentals; limited parks/pharmacy options and small-market liquidity warrant conservative underwriting