| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Good |
| Demographics | 47th | Best |
| Amenities | 51st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1600 Sunset St, Fort Stockton, TX, 79735, US |
| Region / Metro | Fort Stockton |
| Year of Construction | 1985 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1600 Sunset St, Fort Stockton Multifamily Investment
Neighborhood fundamentals point to steady renter demand and improving occupancy, according to WDSuite’s CRE market data. The asset’s scale suits hands-on management while benefiting from local amenity coverage and measured rent levels.
Located in a suburban pocket of Fort Stockton, the neighborhood carries a B+ rating and ranks 1st among 8 metro neighborhoods, signaling competitive positioning within Pecos County. Amenity access is solid for a smaller market: neighborhood-level cafe and grocery density rank at or near the top locally and sit in the upper national percentiles, supporting daily convenience that helps with lease retention.
Occupancy for the neighborhood is roughly in the low‑90% range and has trended higher over the past five years, placing it competitive among Pecos County neighborhoods and near the national median by percentile. Median asking rents sit below national midpoints, and the neighborhood rent-to-income ratio is favorable, which can reduce affordability pressure and support renewals. As part of our multifamily property research, these conditions point to stable cashflow potential rather than outsized rent-driven growth.
Within a 3‑mile radius, incomes test above national medians while home values track lower than many U.S. markets, which can create some competition from ownership options. For investors, that context suggests measured pricing power and the need for disciplined lease management to sustain occupancy.
Family-oriented considerations are mixed: average school ratings in the area track below national averages, which can temper appeal for some households, while service amenities (pharmacies, groceries, and restaurants) test well both locally and nationally. Renter concentration is under one‑third of housing units, indicating a balanced tenure mix; for multifamily owners, that means a defined but not oversaturated tenant base.
Neighborhood-level crime metrics were not available in WDSuite for this location, so no comparative ranking to the 8 Pecos County neighborhoods or national percentiles can be cited. Investors should contextualize property operations using owner records and insurer/lender diligence, and benchmark against county and metro trends when accessible.
From a portfolio perspective, position safety as a monitoring item in underwriting rather than a thesis driver here—focus on observed leasing patterns, tenant retention, and on-site management practices as the most direct indicators of operating stability.
Employer proximity details with verified distances are not available in WDSuite for this address at this time.
This 20‑unit property, built in 1985, fits the small‑scale workforce segment where neighborhood occupancy has improved into the low‑90% range and sits competitive among Pecos County peers. According to commercial real estate analysis from WDSuite, area rents remain measured relative to incomes, helping support retention and cashflow stability while leaving room for targeted renovations to drive yield.
Demographic indicators within a 3‑mile radius point to a steady renter base, with balanced renter concentration and strong day‑to‑day amenity access (groceries, pharmacies, restaurants). Given accessible ownership costs locally, underwriting should assume disciplined pricing and operational focus, with value‑add upside tied to interior updates, exterior refresh, and system upgrades consistent with 1980s vintage assets.
- Neighborhood occupancy has risen over five years and is competitive within Pecos County, supporting income stability.
- Rents track below national midpoints and rent‑to‑income is favorable, aiding renewal rates and lease management.
- 1985 vintage offers value‑add potential via interior modernization and selective capital planning for aging systems.
- Risks: relatively low school ratings and more accessible ownership options may temper rent growth; focus on operations and retention.