| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 45th | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4520 Gallagher Ave, Laredo, TX, 78041, US |
| Region / Metro | Laredo |
| Year of Construction | 1997 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4520 Gallagher Ave Laredo Multifamily Investment
Neighborhood occupancy trends in the mid-90s suggest steady rent roll durability for a 28-unit asset, according to WDSuite’s CRE market data.
This Inner Suburb location in Laredo ranks within the top quartile among 63 metro neighborhoods (A-rated), signaling durable fundamentals for small-to-mid scale multifamily. Neighborhood occupancy has held in the mid-90s, a positive indicator for lease-up and renewal stability at the property level.
Amenity access is a local strength: restaurant density is in the top decile nationally, childcare availability is also top decile, and parks access sits in the upper tier nationwide. Cafes are above national norms, though pharmacy access is limited nearby, which can affect day-to-day convenience for residents.
The asset’s 1997 construction is newer than the neighborhood’s average vintage (early 1980s), which can reduce near-term capital needs versus older stock while still allowing targeted value-add to kitchens, baths, and building systems for competitive positioning.
Tenure patterns indicate depth for rentals: roughly half of housing units in the neighborhood are renter-occupied, supporting a stable tenant base. Within a 3-mile radius, households have edged higher over the past five years and are projected to expand further by 2028 even as average household size declines—conditions that typically enlarge the renter pool and support occupancy. Home values and value-to-income metrics point to a moderately high-cost ownership market locally, which tends to sustain reliance on multifamily housing and can aid lease retention. School ratings are slightly above the national median, reinforcing family-oriented appeal without materially altering rent positioning.
Safety metrics for the neighborhood trail the metro median among 63 Laredo-area neighborhoods and sit below national percentiles, indicating comparatively higher incident rates than many U.S. neighborhoods. That said, recent year-over-year trends point to declines in both violent and property offenses, suggesting gradual improvement rather than deterioration.
For underwriting, investors typically account for these conditions through security planning and tenant screening. Monitoring multi-year trends is prudent, as improving momentum can support resident retention and limit turnover costs over time.
- BorgWarner — automotive components (5.3 miles)
Proximity to regional employers supports commuter demand; listed below are notable nearby organizations that help anchor the area’s employment base.
Positioned in an A-rated Inner Suburb with mid-90s neighborhood occupancy, this 28-unit, 1997-vintage asset benefits from steady renter demand, strong local amenities, and a renter-occupied housing base that deepens the tenant pool. The property’s newer vintage relative to the neighborhood average offers a blend of operating efficiency and value-add potential through selective upgrades. According to CRE market data from WDSuite, local amenity density (restaurants, childcare, parks) is a relative advantage, while pharmacy access is limited and safety indicators remain weaker than the metro median—factors to incorporate into operations and resident experience planning.
Within a 3-mile radius, households have increased and are projected to grow further alongside smaller household sizes, which typically expands the renter pool and supports occupancy stability. Ownership costs are modestly elevated relative to local incomes, which can reinforce renter reliance and aid renewal capture, while rent-to-income indicators near national norms point to manageable affordability pressure and balanced pricing power.
- A-rated neighborhood, top quartile locally with mid-90s occupancy supporting stable cash flows
- 1997 vintage is newer than area average, enabling targeted value-add with moderate near-term capex
- Strong amenity access (food, childcare, parks) enhances leasing appeal and retention
- 3-mile household growth and smaller household sizes expand the renter pool and support occupancy
- Risks: safety metrics below metro median and limited pharmacy access warrant operational mitigations