San Antonio Multi Neighborhoods

[Samuel Dunlap]

Hello,

      I have recently been looking at multi family in the Prospect Hill/Woodlawn Lake area of San Antonio. While I do not live in San Antonio and have only visited a few times, I understand this to be a bit of a rougher neighborhood. I invest in “other side of the tracks” neighborhoods in San Diego and have had success, but wanted to dig in a little further on this one. Does anybody know if this is a no go "warzone" type neighborhood?

Basic tenant requirements currently are 600+ credit score, 3x rent in gross income, no evictions. Is this achievable in this neighborhood or will it have a real impact on occupancy?

Any general thoughts you have on the tenant pool here would be much appreciated (i.e. would you attract a young professional if the property was appealing). Thank you so much.

Sam Dunlap

[Rick Pozos]

Hey @Emy Bernardo there is a big difference in the two neighborhoods. I am sure that you have noticed the dividing line or 'the tracks'. If not, let me tell you, it is Culebra Rd. I dont know if there is a line in the actual neighborhoods, but north of Culebra is pretty solid. South of Culebra is rougher. I would say it might be tougher to find consistent 600+ and 3x rent on the south side of the street.