| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Fair |
| Demographics | 20th | Fair |
| Amenities | 37th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5910 San Bernardo Ave, Laredo, TX, 78041, US |
| Region / Metro | Laredo |
| Year of Construction | 1972 |
| Units | 82 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5910 San Bernardo Ave, Laredo TX Multifamily Opportunity
Neighborhood occupancy is above the metro median, signaling steady renter demand around this asset according to WDSuite’s CRE market data, with a renter-occupied concentration that supports leasing depth. Vintage positioning suggests potential to compete on value versus newer product if capital plans address select improvements.
Situated in Laredo’s inner-suburb fabric, the property benefits from neighborhood occupancy measured at 92.6% — above the metro median among 63 neighborhoods — which generally supports income stability for multifamily owners. Renter-occupied housing comprises 56.6% of neighborhood units, indicating a sizable tenant base that can underpin leasing and renewals.
Everyday amenities are reasonably accessible: grocery options index in the upper quartile nationally, and pharmacies and restaurants are similarly competitive versus U.S. neighborhoods. Park and café coverage is thinner, which places more weight on onsite amenities and unit finishes for retention.
The area’s housing stock skews mid-century; with a 1972 construction year, the subject is somewhat newer than the neighborhood average (1966) yet remains an older vintage. That positioning typically rewards targeted capital expenditures — systems upkeep and selective interior updates — to maintain competitiveness against refreshed comparables.
Within a 3-mile radius, households have increased even as total population has edged lower, reflecting smaller household sizes and a gradual shift toward more, smaller households. This dynamic can expand the renter pool and support occupancy, though it also places a premium on unit mix and efficient floor plans. Home values are comparatively accessible for the region, which can introduce some competition from ownership; however, a moderate rent-to-income profile in the neighborhood points to manageable affordability pressures and potential for steady retention with disciplined leasing.
Safety outcomes in this neighborhood track below national medians, and the area ranks 41 out of 63 Laredo neighborhoods — indicating higher reported crime relative to many parts of the metro. Even so, recent trend data shows improvement, with both violent and property offense rates declining over the last year, suggesting incremental momentum in the right direction.
For investors, this context argues for standard risk management: well-lit common areas, access control, and active property oversight can help support resident comfort and retention while monitoring ongoing trend direction.
Nearby employment includes corporate and industrial operations that contribute to local commute convenience and bolster workforce housing demand, led by BorgWarner within a short drive.
- BorgWarner — automotive components (4.1 miles)
This 82-unit, 1972-vintage asset sits in a neighborhood with above-median metro occupancy and a large renter-occupied share, supporting leasing stability. Commercial real estate analysis from WDSuite indicates amenity access is strongest for groceries, pharmacies, and restaurants, helping day-to-day livability even as parks and cafés are less prevalent. Within a 3-mile radius, household growth alongside smaller household sizes points to a broader tenant base over time, while a moderate rent-to-income profile suggests scope for disciplined rent management without overextending affordability.
The vintage invites targeted value-add: mechanical systems, exterior refresh, and selective interior updates can keep the property competitive against renovated peers. Key watch items include neighborhood safety benchmarking and potential competition from ownership options; proactive operations and resident services can mitigate these factors and support retention.
- Above-median neighborhood occupancy and strong renter concentration support leasing stability
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Daily-needs amenity access (groceries, pharmacies, restaurants) enhances livability and retention
- 1972 vintage presents value-add potential via systems maintenance and interior upgrades
- Risks: below-national safety metrics and competition from ownership options require vigilant operations