| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 22nd | Fair |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3503 N Ejido Ave, Laredo, TX, 78043, US |
| Region / Metro | Laredo |
| Year of Construction | 1996 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3503 N Ejido Ave Laredo 20-Unit Rental Investment
Neighborhood occupancy trends sit near the metro median while a high renter-occupied share supports demand depth, according to WDSuite s CRE market data. Pricing remains accessible for tenants in this area, which can aid retention and stabilize cash flow.
The property sits in an Inner Suburb pocket of Laredo with a neighborhood rating of B-. Neighborhood occupancy is measured for the neighborhood (not the property) and trends near the metro median, while renter-occupied housing concentration is high. Specifically, the renter-occupied share ranks 6 out of 63 Laredo neighborhoods (competitive among Laredo neighborhoods) and is in the 93rd percentile nationally, indicating a deep tenant base that can support leasing stability for workforce-oriented units.
Local convenience is mixed. Caf e9 density ranks 4 of 63 (competitive among Laredo neighborhoods) and sits in the 93rd percentile nationally, and park access ranks 3 of 63 (competitive among Laredo neighborhoods) with a 92nd national percentile. In contrast, grocery, pharmacies, and restaurants register at the bottom of the metro rankings (63 of 63), so residents may rely on nearby corridors for daily needs a consideration for tenant experience and renewal strategies.
Within a 3-mile radius, demographics show households expanding even as population edges down, which implies smaller household sizes and a gradually widening renter pool. Household counts increased in the last 5 years and are projected to continue rising, which typically supports occupancy stability and steady leasing velocity.
Home values are lower than national norms (around the 20th percentile), and neighborhood rent-to-income is modest, which can support retention and reduce turnover risk. However, more accessible ownership options may limit pricing power relative to higher-cost metros; investors should calibrate rent growth assumptions accordingly while focusing on unit quality and management to compete effectively.
Neighborhood-level safety indicators are mixed in a regional context. Overall crime ranks 25 out of 63 Laredo neighborhoods, which is competitive among Laredo neighborhoods, though the area sits below the national median (around the 40th percentile) compared with neighborhoods nationwide.
Recent trend data indicates improvement: estimated violent offense rates have declined year over year, with the pace of improvement comparing favorably to many neighborhoods nationally. Investors can view this as a constructive directional signal while continuing standard property-level safety measures and tenant communication.
Proximity to area employers supports workforce housing demand and commute convenience. The nearby employer list below reflects regional industrial and corporate presence relevant to renter retention.
- BorgWarner corporate offices (6.3 miles)
This 20-unit property benefits from a high neighborhood renter concentration and household growth within a 3-mile radius, supporting a durable tenant base and steady lease-up. Amenities are bifurcated strong caf e9 and park access with limited groceries and pharmacies which argues for pragmatic management and resident services to reinforce renewals. According to CRE market data from WDSuite, neighborhood occupancy trends hover around the metro median, and rent-to-income appears manageable, balancing demand stability with thoughtful rent management.
Relative home values remain low versus national norms, which can temper pricing power but also encourages longer renter reliance on multifamily. With households trending up and unit tenure skewing renter-occupied, the risk-reward tilts toward stable operations, provided underwriting accounts for amenity gaps and measured rent growth.
- High renter-occupied share (ranked 6 of 63) indicates depth of tenant demand
- Household growth within 3 miles expands the renter pool and supports occupancy
- Rent-to-income appears manageable, aiding retention and cash flow consistency
- Amenities skew toward parks and caf e9s; limited groceries/pharmacies require proactive resident engagement
- Risk: lower ownership costs may cap rent growth; prudent underwriting and value-focused operations are important