| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 51st | Good |
| Amenities | 25th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3712 Sapphire Rd, Fayetteville, NC, 28303, US |
| Region / Metro | Fayetteville |
| Year of Construction | 2005 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3712 Sapphire Rd Fayetteville 64-Unit Multifamily
Newer 2005 vintage relative to the area positioned to compete against older stock while allowing targeted upgrades, according to WDSuite s CRE market data. Neighborhood renter demand is durable with a majority of units renter-occupied, supporting stable operations.
Located in an inner-suburban pocket of Fayetteville, the property benefits from everyday conveniences and a renter-heavy housing base. Neighborhood occupancy is reported around 88% and the share of renter-occupied housing is about 56%, indicating a sizeable local tenant pool for multifamily operators. Within a 3-mile radius, households have grown modestly in recent years and are projected to expand further, supporting a larger tenant base and occupancy stability.
Access to essential retail is a relative strength: grocery availability ranks in the top quartile among 162 Fayetteville metro neighborhoods, while broader amenities trend closer to national mid-tier levels. Dining and parks are thinner within the immediate neighborhood, so residents may rely on nearby corridors for variety a manageable trade-off for workforce-oriented renters.
The median construction year in the neighborhood is 1987, and this asset 19s 2005 vintage provides competitive positioning versus older buildings. Investors should still plan for mid-life system updates or selective renovations to drive rentability and reduce near-term capex surprises.
Within a 3-mile radius, population and households are expected to increase through the next five years, with income growth outpacing recent history. This trend points to a gradually expanding renter pool and supports lease-up and retention strategies typical of stabilized workforce assets. Home values are comparatively accessible for the region, which can introduce some competition from entry-level ownership; however, it also anchors steady rental demand and pragmatic pricing power for well-maintained multifamily product.
Neighborhood safety indicators trend modestly better than the national median, with recent data showing improvement in both property and violent offense rates year over year. In national terms, overall crime metrics sit above the midpoint, suggesting conditions that are comparatively favorable versus many U.S. neighborhoods.
At the metro level, safety can vary block to block; investors should underwrite with standard precautions such as lighting, access controls, and community management. The recent downward trend in estimated offense rates provides a constructive backdrop, but on-site measures remain important for tenant retention and asset protection.
This 64-unit, 2005-built asset offers a pragmatic mix of stability and upside relative to the neighborhood 19s older housing stock. The submarket shows a majority renter-occupied housing base and neighborhood occupancy near the high-80s, indicating depth of demand for multifamily. Population and household counts within a 3-mile radius are expected to rise, reinforcing a larger tenant base and supporting steady leasing conditions. According to CRE market data from WDSuite, essential retail access compares favorably at the neighborhood level, while dining and recreation are thinner a manageable trade-off for workforce-oriented renters.
The 2005 vintage positions the property competitively versus older peers while still allowing targeted value-add to modernize interiors or common areas. Ownership costs in the area are relatively accessible, which may create some competition from entry-level buying; effective leasing and resident experience can mitigate retention risk and preserve pricing power as incomes trend upward in the trade area.
- 2005 vintage outcompetes older neighborhood stock while enabling selective value-add
- Majority renter-occupied housing supports a deep local tenant base
- 3-mile population and household growth reinforce demand and occupancy stability
- Essential retail access is strong for daily needs; amenity gaps are manageable with nearby corridors
- Risk: relatively accessible homeownership and thinner dining/park options require focused leasing and resident programming