| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Good |
| Demographics | 39th | Fair |
| Amenities | 42nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6115 Independence Place Dr, Fayetteville, NC, 28303, US |
| Region / Metro | Fayetteville |
| Year of Construction | 2011 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6115 Independence Place Dr Fayetteville Multifamily Investment
Neighborhood occupancy is competitive within the Fayetteville metro and renter demand is supported by a sizable renter-occupied base, according to WDSuite’s CRE market data. This positioning suggests steady leasing fundamentals with room to refine operations rather than a heavy repositioning plan.
The property sits in an Inner Suburb of Fayetteville with an A- neighborhood rating (ranked 41 of 162 metro neighborhoods), indicating performance above the metro median and competitive among peer sub-areas. Dining and grocery access are relative strengths for daily living, while parks, pharmacies, and cafes are less concentrated nearby, which may require residents to travel a bit farther for those specific amenities.
With neighborhood occupancy above the metro median (rank 53 of 162) and a renter-occupied share around half of local housing units (rank 33 of 162; top decile nationally), the area provides a meaningful tenant base and demand depth for multifamily investors. Average school ratings trend on the lower side (rank 41 of 162; lower national percentile), which can influence leasing considerations among family renters but tends to matter less for workforce and young-adult segments.
Construction year dynamics also favor this asset: the neighborhood’s average vintage skews older (mid-1980s), while this property was built in 2011. Newer stock generally competes well against aging properties and may need selective upgrades over time to maintain positioning, but major capital systems are typically on a longer cycle than 1970s–1980s assets.
Demographic indicators aggregated within a 3-mile radius show modest recent population growth and a large share of adults in renting age cohorts, supporting a stable renter pool. Forward-looking data point to more households even as average household size trends smaller, which can expand the tenant base and support occupancy stability. Median home values in the neighborhood are relatively accessible versus many U.S. markets, which can introduce some competition from ownership; however, the rent-to-income profile suggests manageable affordability pressure that can aid lease retention and pricing discipline.
Safety signals are mixed but trending in a constructive direction. Compared with the Fayetteville metro, the neighborhood’s crime rank sits in a less favorable tier (rank 29 of 162), yet national percentiles place the area around or slightly above the middle of U.S. neighborhoods. Recent year-over-year declines in both violent and property offenses indicate improving conditions, which can support renter confidence and leasing stability over time.
Built in 2011 with 26 units, this asset offers a newer-vintage alternative in a neighborhood where the average building stock dates to the mid-1980s. That relative youth supports competitive positioning with potential for targeted value-add, rather than heavy capital outlays. Neighborhood occupancy is above the metro median and renter-occupied housing is substantial, pointing to demand stability; according to CRE market data from WDSuite, local fundamentals align with steady leasing rather than outsized volatility.
Within a 3-mile radius, demographics indicate a durable renter pool with recent growth and a projected increase in households even as household sizes trend smaller. Combined with accessible homeownership costs locally, investors should plan for some competition from ownership while leveraging a balanced rent-to-income profile to support retention and disciplined pricing. Key watch items include school quality perceptions and limited nearby park and cafe density.
- Newer 2011 vintage versus older neighborhood stock supports competitive positioning with selective value-add potential
- Neighborhood occupancy above metro median and sizable renter base support demand stability
- 3-mile area projects more households, expanding the tenant base and aiding leasing consistency
- Balanced rent-to-income dynamics enable retention and measured pricing power
- Risks: softer school ratings, limited nearby parks/cafes, and some competition from ownership options