| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 17th | Poor |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2500 NW 18th St, Fort Worth, TX, 76106, US |
| Region / Metro | Fort Worth |
| Year of Construction | 1984 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2500 NW 18th St Fort Worth Multifamily Investment
Neighborhood occupancy around 93.7% suggests stable rent rolls in this inner-suburb pocket of Fort Worth, according to WDSuite’s CRE market data. These metrics describe the surrounding neighborhood, not the property, and point to steady renter demand supported by local amenities.
The property sits in an Inner Suburb of Fort Worth with everyday conveniences nearby. Neighborhood amenity access is a relative strength, with grocery options and restaurants testing well against national benchmarks (neighborhood-level data), which can support leasing velocity and day-to-day livability for residents.
At the neighborhood level, occupancy is approximately 93.7%, indicating a historically tight rental environment that can aid stabilization and renewal performance. The renter-occupied share is 41.6% of housing units, indicating a moderate renter concentration and a broad tenant base for a 45-unit asset.
Construction in the area skews older (average 1959 for neighborhood housing), while the subject s 1984 vintage is newer than much of the surrounding stock. That positioning can be competitive versus older comparables, though investors should still underwrite routine system updates and selective renovations where they enhance rentability.
Within a 3-mile radius, households have increased even as population edged down modestly, signaling smaller household sizes and a potential expansion of the renter pool. Forward-looking 3-mile data points to continued growth in households and a renter share approaching parity with ownership, which supports occupancy stability and provides room to manage rents relative to incomes as part of disciplined multifamily property research.
School ratings in the neighborhood trend on the lower side and park and pharmacy access are limited in the immediate area. While home values are relatively accessible for ownership, rent-to-income levels and rising neighborhood rents suggest investors can focus on retention and lease management rather than outsized pricing moves.
Safety indicators for the neighborhood are mixed. Compared with neighborhoods nationwide, overall safety sits below midpack, and the area ranks 288 out of 561 Fort Worth–area neighborhoods for crime, indicating conditions somewhat weaker than the metro median. However, recent trend data shows improvement momentum, with both property and violent offense rates moving lower year over year at the neighborhood level.
Nationally benchmarked signals show the neighborhood tracking in lower percentiles for safety today, while the one-year change for property offenses places the area in a stronger improvement cohort. Investors should incorporate appropriate operating practices and security measures typical for comparable inner-suburb assets while recognizing the improving trajectory.
Proximity to a diversified employment base supports workforce housing demand and commute convenience, anchored by manufacturing, homebuilding, beverage packaging, retail, and airline corporate operations listed below.
- Parker Hannifin Corporation — manufacturing (2.1 miles)
- D.R. Horton — homebuilding (3.8 miles) — HQ
- Ball Metal Beverage Packaging — packaging (10.4 miles)
- Gamestop — retail headquarters (18.9 miles) — HQ
- American Airlines Group — airline corporate (19.5 miles) — HQ
Built in 1984 with 45 units, the asset is positioned newer than much of the surrounding housing stock, offering a competitive stance versus older comparables while leaving room for targeted value-add and system modernization. Neighborhood-level occupancy near 93.7% and moderate renter concentration (41.6% of housing units renter-occupied) point to a stable tenant base and renewal potential. Within 3 miles, households have grown and are projected to continue increasing, with renter share nearing parity; this supports sustained multifamily demand and measured rent management strategies. According to CRE market data from WDSuite, local amenity access to groceries and restaurants outperforms typical national levels, which can aid leasing and retention.
Key considerations include relatively low school ratings, limited parks and pharmacies in the immediate neighborhood, and safety metrics that, while improving year over year, remain below national midpack today. Ownership costs are comparatively accessible in this area, so underwriting should account for some competition from entry-level ownership while leveraging rent-to-income levels and neighborhood demand depth to sustain occupancy.
- 1984 vintage offers competitive positioning versus older neighborhood stock with targeted value-add potential
- Neighborhood occupancy around 93.7% supports stabilization and renewals (neighborhood metric, not property)
- 3-mile households are expanding with renter share moving toward parity, supporting tenant base depth
- Amenity access to groceries and restaurants supports leasing and retention
- Risks: below-midpack safety today, lower school ratings, and some competition from ownership options