1729 Hailey St, Sweetwater TX Multifamily Investment

The immediate neighborhood carries a B rating and ranks 4 of 9 in the Sweetwater metro, placing it above the metro median in overall standing. Restaurant density is a relative strength, trending well above national norms, while most other day-to-day amenities (grocery, parks, childcare, pharmacies) are limited locally, implying residents likely rely on broader Sweetwater for services.

For investors evaluating rent and occupancy dynamics, the neighborhood’s reported occupancy is weak compared with metro and national multifamily benchmarks, indicating leasing risk and the need for hands-on management. At the same time, within a 3-mile radius, renter-occupied housing accounts for roughly two-fifths of units, suggesting a meaningful tenant base to draw from when supported by practical pricing and service quality.

Affordability indicators are favorable for lease retention: WDSuite’s data points to a low rent-to-income burden and contract rents that remain accessible versus many U.S. markets. However, ownership costs in the area are comparatively manageable, which can create competition for higher-income renters; operators may need to emphasize value, convenience, and consistent maintenance to sustain occupancy.

Demographics aggregated within a 3-mile radius have been largely stable, with forecasts indicating incremental population growth and a notable increase in households over the next five years. For multifamily, a rising household count—with smaller average household sizes—typically supports a broader tenant base and can help stabilize occupancy, provided unit finishes and management keep pace with renter expectations.