| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Best |
| Demographics | 64th | Best |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 401 International Blvd, Laredo, TX, 78045, US |
| Region / Metro | Laredo |
| Year of Construction | 2012 |
| Units | 42 |
| Transaction Date | 2012-05-10 |
| Transaction Price | $2,524,000 |
| Buyer | BELLA BRISA LLC |
| Seller | MENDDOZA OSCAR |
401 International Blvd, Laredo — 2012 Multifamily Asset
Stabilized neighborhood fundamentals and newer construction support durable cash flow potential, with neighborhood occupancy trending in the high-90s according to WDSuite’s CRE market data.
Located in an inner-suburban pocket of Laredo, the property benefits from a neighborhood rated A within the metro and an occupancy environment that sits well above many U.S. areas, supporting leasing stability and renewal potential. Restaurants and daily-needs retail score competitively for the area, while pharmacies test in the top quartile nationally; parks and cafes are thinner, so the draw is more convenience than lifestyle.
The 2012 vintage is newer than the neighborhood’s average 1980s-era housing stock, providing relative competitiveness versus older assets and potentially lower near-term capital needs, while still allowing for targeted modernization as systems age over time. Median school ratings land in the national top quartile, a factor that can aid resident retention for family-oriented renters.
Within a 3-mile radius, demographics show population and household growth over the past five years, with additional gains projected, indicating a larger tenant base over the medium term. Household sizes are trending smaller, which can sustain demand for smaller-format units like studios and one-bedrooms and support occupancy stability.
Renter-occupied housing represents roughly two-fifths of neighborhood units, suggesting a meaningful but not dominant renter concentration that supports depth of demand without excessive competitive pressure from transient stock. In ownership context, local home values are comparatively accessible for Texas, which can introduce some competition from entry-level ownership; however, rent-to-income levels in this neighborhood stay manageable, helping preserve lease retention and pricing discipline for professionally managed multifamily.
Safety indicators compare favorably at the national level: overall crime metrics align with the top quartile nationwide, and both property and violent offense rates have improved on a year-over-year basis according to WDSuite’s CRE market data. This comparative positioning supports resident confidence and can reduce turnover risk versus weaker submarkets.
As with any urban-adjacent area, conditions can vary by block and over time. Investors should underwrite to current trends and continue monitoring neighborhood-level data rather than relying solely on citywide figures.
- BorgWarner — automotive components (2.6 miles)
The asset’s 2012 construction, smaller average unit sizes, and a neighborhood occupancy profile in the high-90s point to durable leasing and operational efficiency. Top-quartile national positioning for schools and everyday retail access, combined with a renter base that is material but not saturated, supports steady demand and renewals. According to CRE market data from WDSuite, local rent levels sit within manageable rent-to-income ranges, creating headroom for disciplined rent growth while maintaining retention.
Counterbalancing factors include comparatively accessible for-sale housing, which can compete for higher-income renters, and thinner park/cafe amenities that may limit premium lifestyle appeal. Even so, expanding households within a 3-mile radius and projected population growth reinforce the tenant pipeline, while the property’s newer vintage offers a competitive edge with selective value-add potential.
- Newer 2012 vintage enhances competitiveness versus older neighborhood stock
- Neighborhood occupancy in the high-90s supports cash flow stability
- 3-mile population and household growth expand the local renter pool
- Manageable rent-to-income levels provide room for disciplined pricing
- Risk: entry-level homeownership and limited parks/cafes can temper rent premiums