| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 49th | Good |
| Amenities | 27th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1117 Capeharbor Ct, Fayetteville, NC, 28314, US |
| Region / Metro | Fayetteville |
| Year of Construction | 2004 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1117 Capeharbor Ct, Fayetteville NC Multifamily
Positioned in an inner-suburban rental hub with a high renter concentration, the asset benefits from steady tenant demand and competitive positioning within the Fayetteville metro, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb neighborhood rated B+ and ranked 52 out of 162 Fayetteville neighborhoods, placing it above the metro median for overall performance. Neighborhood occupancy is 89% with a positive multi‑year trend, which supports leasing stability at the submarket level rather than at the building level. Restaurants are comparatively accessible (competitive among 162 metro neighborhoods), while parks, groceries, and pharmacies are sparse locally—factors investors should weigh when assessing renter appeal and car dependence.
Renter concentration in the neighborhood is high (78.9% of housing units are renter‑occupied; top tier among 162 metro neighborhoods), indicating a deep tenant base for multifamily. Median contract rents and rent‑to‑income conditions sit near mid‑market levels, which can help sustain demand while moderating pricing power relative to higher‑cost metros. Nearby childcare density ranks 1 out of 162 and sits in the 99th percentile nationally, a differentiator for family‑oriented renters.
Demographic statistics are aggregated within a 3‑mile radius: population has edged down modestly over the last five years, yet projections indicate an increase in households alongside smaller average household size. That combination typically broadens the renter pool and can support occupancy stability even if population growth is muted. Income measures have trended higher over time, which, together with mid‑range rents, supports ongoing demand for professionally managed units.
Home values in the immediate neighborhood are on the lower side for the region and sit in lower national percentiles, which can introduce some competition from entry‑level ownership options. For multifamily owners, this tends to favor retention through service, convenience, and amenity execution rather than rent-led strategies alone.
Neighborhood safety indicators are mixed relative to the Fayetteville metro. Overall crime rank is 71 out of 162 neighborhoods, which is near the metro middle rather than a top- or bottom-quartile position. Nationally, safety percentiles sit around the mid range, suggesting conditions comparable to many inner‑suburban areas.
Trend signals are noteworthy: estimated property offenses declined year over year (improving trajectory; competitive among 162 metro neighborhoods for reduction pace), while violent‑crime estimates rose over the same period. Investors should emphasize standard risk management—lighting, access control, and resident screening—and monitor local policing and community initiatives for directional changes.
Built in 2004, the asset is newer than the neighborhood’s average vintage, offering a relative competitiveness edge versus older stock while leaving room for targeted modernization to drive rent premiums. The immediate neighborhood shows stable occupancy at the metro level and a high share of renter‑occupied units, indicating depth in the tenant base. Within a 3‑mile radius, projections point to more households and smaller household sizes, which generally supports multifamily demand and lease‑up resilience.
Ownership costs in the area are comparatively accessible, which can temper pricing power; however, mid‑range rents and improving income trends provide a base for durable demand and steady renewals. Based on commercial real estate analysis from WDSuite, neighborhood rent levels and rent‑to‑income dynamics are consistent with sustainable absorption rather than outsized volatility, with operational upside achievable through value‑add and management execution.
- 2004 vintage provides a competitive edge over older neighborhood stock with selective value‑add potential
- High neighborhood renter concentration supports a broad tenant base and occupancy stability
- 3‑mile radius outlook shows more households and smaller sizes, reinforcing multifamily demand
- Mid‑range rents and rising incomes align with steady absorption per WDSuite’s CRE market data
- Risk: accessible ownership options may cap rent growth; returns depend on operations and tenant retention