| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Good |
| Demographics | 51st | Good |
| Amenities | 34th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3310 N Bryant Blvd, San Angelo, TX, 76903, US |
| Region / Metro | San Angelo |
| Year of Construction | 1984 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3310 N Bryant Blvd, San Angelo 24-Unit Multifamily
Neighborhood occupancy has been resilient and supports stable leasing, according to WDSuite’s CRE market data, positioning this asset for steady cash flow in a workforce-oriented pocket of San Angelo.
The surrounding neighborhood posts strong occupancy relative to both the metro and nation, indicating durable renter demand and reduced downtime risk for owners. Median rents in the area remain manageable versus local incomes, which can aid lease retention and limit turnover-driven costs for operators.
Amenity access is mixed: grocery options are comparatively accessible for a lower-density area and cafés are more prevalent than in many peer neighborhoods nationwide, while parks and pharmacies are sparse. These dynamics suggest everyday conveniences are close, but lifestyle and healthcare amenities may require slightly longer trips.
The local renter-occupied share is moderate rather than dominant, pointing to a steady but not oversaturated tenant base. Home values are lower than national norms, which can introduce competition from ownership; however, in-place occupancy strength and a reasonable rent-to-income profile support day-to-day leasing stability.
Within a 3-mile radius, recent trends show a small decline in population alongside a modest increase in households, consistent with smaller household sizes and a shifting renter mix. Looking forward, projections indicate growth in both households and the renter share through 2028, expanding the tenant pool and supporting occupancy and rent durability for well-positioned assets.
Built in 1984, the property is newer than the neighborhood’s average vintage from the late 1970s. This slightly newer profile can offer a competitive edge over older stock, while still allowing room for targeted modernization to enhance rentability and reduce near-term capital outlays compared with older buildings.
Safety metrics for the neighborhood sit around the middle of the pack within the San Angelo metro (15–20 range out of 36 neighborhoods), and near the national midpoint overall. Recent year-over-year data shows notable improvement in violent incident rates alongside a modest decline in property incidents, suggesting conditions are trending in a favorable direction.
For investors, the takeaway is balanced: current safety levels are comparable to many San Angelo neighborhoods, and the recent downward trend in incidents reduces risk to leasing stability and day-to-day operations, while continued monitoring remains prudent.
This 24-unit, 1984-vintage asset benefits from a neighborhood with consistently high occupancy, manageable rent-to-income dynamics, and a moderate renter base that supports steady leasing. According to CRE market data from WDSuite, occupancy performance is strong for the area, and forward-looking 3-mile projections point to an expanding tenant pool, which can reinforce occupancy stability and measured rent growth for renovated, well-managed product.
The property’s slightly newer vintage versus the local average provides relative competitiveness against older stock, with value-add potential through selective interior and systems upgrades. While ownership options are comparatively accessible in this market and certain amenities (parks, pharmacies) are limited, durable neighborhood occupancy and growing household counts provide a constructive backdrop for multifamily operations.
- Strong neighborhood occupancy supports lower downtime and steadier cash flow.
- Manageable rent-to-income profile aids retention and renewals.
- 1984 vintage is competitive versus older area stock, with targeted value-add upside.
- 3-mile projections indicate a larger renter pool, supporting leasing stability.
- Risks: accessible ownership can compete with rentals; limited parks/pharmacies and smaller floor plans may narrow the demand profile.