| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Good |
| Demographics | 24th | Poor |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 101 Doncastle Ct, Concord, NC, 28025, US |
| Region / Metro | Concord |
| Year of Construction | 1986 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
101 Doncastle Ct, Concord NC Multifamily Investment
Neighborhood occupancy trends are above the metro median and renter demand is supported by a sizable renter-occupied housing base, according to WDSuite s CRE market data. This positioning can aid lease stability while maintaining competitive pricing relative to the submarket.
Situated in an inner-suburb location within the Charlotte Concord Gastonia metro, the neighborhood posts a B+ rating (ranked 252 out of 709 metro neighborhoods), indicating competitive fundamentals among Charlotte-area peers. Occupancy for the neighborhood is above the metro median, a constructive sign for income stability at comparable properties in this area.
Local amenity access is a strength: grocery options score in the top decile nationally, with restaurants and cafes also testing above average. Parks access trends well above national norms. One tradeoff is limited pharmacy presence, which may modestly affect daily convenience for residents.
Renter-occupied housing accounts for a high share of units in the neighborhood (top decile nationally), signaling a deep tenant base and reinforcing multifamily demand depth. Neighborhood rent levels benchmark below national medians, and the rent-to-income profile indicates relatively manageable affordability pressures, which can support retention while moderating near-term pricing power.
Demographic statistics within a 3-mile radius show a slight population contraction in the recent period alongside a small increase in households, suggesting smaller household sizes. Forward projections indicate expansion in both population and households by 2028, implying a larger renter pool and additional support for occupancy as new households enter the area, based on commercial real estate analysis from WDSuite.
Safety indicators are mixed and should be evaluated in context. The neighborhood s overall crime rank sits in the lower tier (545 out of 709 metro neighborhoods), signaling below-metro-average conditions. Compared with neighborhoods nationwide, violent offense rates trend better than average (higher national percentile), while property offenses track below average (lower national percentile). Recent year-over-year changes show volatility; investors should review updated local reporting and property-level measures to contextualize trends.
Proximity to established employers supports workforce housing demand and commute convenience for residents, including Sysco, Merck, Lowe s, Bank of America, and Duke Energy.
- Sysco food distribution offices (3.5 miles)
- Merck pharmaceuticals (12.4 miles)
- Lowe's corporate offices (15.6 miles) HQ
- Bank of America Corp. financial services (20.6 miles) HQ
- Duke Energy utilities (21.0 miles) HQ
This 120-unit Concord asset benefits from a neighborhood with above-metro-median occupancy and a high renter-occupied housing share, pointing to a durable tenant base and supportive leasing backdrop. Amenity access is a relative strength (notably groceries, dining, and parks), while limited pharmacy options are a known tradeoff. Relative affordability versus national rent benchmarks can aid retention, though it may temper pricing power in the near term, according to CRE market data from WDSuite.
Within a 3-mile radius, recent softness in population contrasts with a modest uptick in household counts, and forward projections call for growth in both population and households by 2028 a setup that can expand the renter pool and support occupancy stability. Investors should underwrite with attention to mixed safety indicators and property-crime volatility, balancing these risks against strong employment access across the Charlotte corridor and the area s renter demand depth.
- Above-metro-median neighborhood occupancy supports income stability
- High renter-occupied housing share indicates deep tenant base
- Strong amenity access (groceries, dining, parks) enhances livability
- 3-mile projections point to population and household growth, supporting demand
- Risks: mixed safety metrics and property-crime volatility warrant prudent management