| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Good |
| Demographics | 39th | Fair |
| Amenities | 42nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1324 Bozeman Loop, Fayetteville, NC, 28303, US |
| Region / Metro | Fayetteville |
| Year of Construction | 2007 |
| Units | 24 |
| Transaction Date | 2018-06-28 |
| Transaction Price | $20,850,000 |
| Buyer | ROWER HOLDINGS LLC A NEVADA LIMITED LIAB |
| Seller | JAMESTOWN COMMONS LLC A NORTH CAROLINA L |
1324 Bozeman Loop, Fayetteville NC Multifamily Investment
Neighborhood occupancy is steady and renter concentration is high, supporting demand durability in this inner-suburban pocket, according to CRE market data from WDSuite. Metrics noted below reflect neighborhood conditions rather than property performance.
1324 Bozeman Loop sits in an Inner Suburb area of Fayetteville with an A- neighborhood rating and a competitive position among 162 metro neighborhoods. The local housing stock skews older than this asset, with the average construction year around 1985, which helps a 2007-vintage property compete against aging comparables while planning for mid-life system updates as needed.
Amenity access is mixed: restaurants and grocery options score in the top quartile nationally, while parks, pharmacies, and cafes are limited. Average school ratings trend below national norms, which is relevant for leasing strategies targeting families. These dynamics point to everyday convenience for residents, with selective trade-offs investors should underwrite.
Neighborhood-level occupancy is around the mid-50s national percentile, indicating generally stable leasing conditions. Renter-occupied share is high (upper national percentiles), signaling a deep tenant base and reinforcing demand for multifamily units. Median home values are lower in national context, which can introduce some competition from ownership alternatives; rent-to-income levels are relatively manageable, favoring retention but suggesting measured pricing power.
Demographics within a 3-mile radius show recent population growth with a rising household count and slightly smaller household sizes projected over the next five years. Even with a flat-to-slightly-lower population outlook, the expected increase in households implies a larger renter pool and supports occupancy stability for well-positioned assets.
Neighborhood safety indicators compare around the national midpoint to modestly better overall, with recent year-over-year decreases in both property and violent offense estimates. These trend improvements, based on WDSuite s CRE market data, point to a gradually stabilizing safety profile in the near term.
Investors should evaluate submarket and property-level security measures and consider how neighborhood trends compare with broader Fayetteville patterns when underwriting tenant retention and operating expenses.
Built in 2007 with 24 units, the property benefits from a newer vintage relative to nearby stock (average circa 1985), offering competitive positioning versus older assets while allowing for targeted modernization to capture rent premiums. Neighborhood occupancy trends are steady and the renter-occupied share is high, indicating depth in the tenant base. At the same time, lower local home values in national context may temper pricing power, so execution should balance retention and measured rent growth.
Within a 3-mile radius, recent population growth and a projected increase in households suggest a broader leasing funnel even if population levels flatten. According to CRE market data from WDSuite, amenity access is strongest for daily needs like restaurants and groceries, which supports convenience-driven leasing, while below-average school ratings and limited parks/cafes should be considered in marketing and capital plans.
- 2007 vintage outcompetes older neighborhood stock; plan selective upgrades for modernization
- Stable neighborhood occupancy and high renter concentration support demand depth
- Household growth within 3 miles expands the leasing funnel even with flat population
- Daily-need amenities (restaurants/groceries) bolster resident convenience and retention
- Risk: lower home values can increase ownership competition and temper pricing power