| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 30th | Poor |
| Demographics | 44th | Fair |
| Amenities | 44th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2101 S Jackson St, Amarillo, TX, 79109, US |
| Region / Metro | Amarillo |
| Year of Construction | 1985 |
| Units | 21 |
| Transaction Date | 2025-05-02 |
| Transaction Price | $1,590,680 |
| Buyer | 2 D VENTURES LLC |
| Seller | BADGER ON JACKSON LLC |
2101 S Jackson St, Amarillo TX Multifamily Investment
Positioned in a neighborhood with occupancy near the metro median and steady renter demand, this 21-unit asset benefits from workforce-oriented affordability, according to WDSuite’s CRE market data. The submarket’s stable dynamics support predictable leasing while nearby household growth within 3 miles points to a resilient tenant base.
The property sits in a Suburban Amarillo neighborhood rated B- and positioned above the metro median among 87 neighborhoods. Local fundamentals point to steady leasing conditions, with neighborhood occupancy measured for the area (not the property) tracking around the middle of the metro, per WDSuite’s commercial real estate analysis.
Livability trends are mixed but investable: park and pharmacy access score well versus national peers, while grocery availability is competitive for the metro. By contrast, café and restaurant density is limited, which modestly reduces lifestyle convenience but tends to concentrate demand around everyday retail and services.
Vintage context matters. With a 1985 construction year compared with an older neighborhood average stock, the asset should compete well against nearby properties, while investors may still plan for systems updates or selective renovations to protect rentability over the hold.
Tenure and affordability support multifamily demand. Within a 3-mile radius, approximately 46.4% of housing units are renter-occupied, indicating a sizable tenant pool for smaller formats. Neighborhood rent-to-income ratios are relatively manageable, which can aid lease retention, while more accessible home values in the area may create some competition from ownership options.
Demographics aggregated within a 3-mile radius show households increasing even as prior population trends were flat to slightly negative, implying smaller household sizes and a broader base of renters. Forward-looking projections indicate increases in population, households, and incomes, which should expand the renter pool and support occupancy stability over time.
Safety indicators for the neighborhood are mixed in the context of Amarillo and nationwide comparisons. Overall, the area sits below the national median for safety, but violent-offense levels benchmark more favorably than many neighborhoods nationally, while property offenses trend closer to average, based on WDSuite’s data.
Recent year-over-year fluctuations suggest conditions can vary, so prudent underwriting should incorporate trend monitoring and property-level measures that support resident comfort and retention. These observations reflect neighborhood-level metrics across the Amarillo metro’s 87 neighborhoods rather than conditions at the property itself.
Nearby employment anchors provide commute convenience for a workforce tenant base, led by utility and corporate office roles that can support leasing stability.
- Xcel Energy — utilities & corporate offices (4.0 miles)
This 21-unit, 1985-vintage asset with compact average unit sizes (approximately 456 sq. ft.) aligns with workforce demand profiles in a neighborhood that performs around the metro median for occupancy. Newer-than-average vintage versus the local stock supports competitive positioning, while selective capital planning can capture value-add upside and protect rentability. According to CRE market data from WDSuite, neighborhood rent-to-income dynamics remain manageable, supporting lease retention.
Three-mile demographics point to a larger tenant base over time: households are increasing and are projected to continue rising alongside incomes and asking rents, reinforcing demand for smaller formats. Investors should balance these strengths against modest lifestyle amenity density and ownership alternatives that may compete at certain price points.
- Competitive 1985 vintage versus older neighborhood stock, with scope for targeted renovations
- Compact unit mix aligns with workforce demand and supports leasing velocity
- Neighborhood occupancy around the metro median supports stable operations
- 3-mile outlook shows growing households and rising incomes that expand the renter pool