| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Fair |
| Demographics | 52nd | Good |
| Amenities | 36th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 891 Yadkinville Rd, Mocksville, NC, 27028, US |
| Region / Metro | Mocksville |
| Year of Construction | 2013 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
891 Yadkinville Rd Mocksville Multifamily Investment Opportunity
2013-built, 51-unit asset in a rural Mocksville submarket where renter-occupied housing is competitive among Winston-Salem neighborhoods, according to WDSuite’s CRE market data. Expect steady workforce demand with prudent lease management given neighborhood occupancy trends.
Located in Mocksville within the Winston-Salem, NC metro, the neighborhood is rated B+ and ranks 69 out of 216 metro neighborhoods, indicating it is competitive among Winston-Salem neighborhoods. The area skews rural and car-oriented, with daily conveniences present but limited destination amenities compared with denser submarkets.
Amenity access is mixed: pharmacies and cafés test in the top quartile among 216 metro neighborhoods and sit above the national midpoint, while parks and childcare options are sparse. Grocery presence trends around the metro median, supporting routine needs without a strong walkable retail cluster. School ratings are below the national midpoint, which may influence family renter preferences and length-of-stay calculations for some cohorts.
The property’s 2013 construction is newer than the neighborhood’s average 1980 vintage, offering a relative competitive edge versus older stock. Investors should still plan for mid-life building systems and cosmetic refresh cycles over the hold to preserve positioning against newer deliveries.
Neighborhood occupancy is reported at 83.2% and ranks 180 of 216, signaling below metro median stability; however, renter-occupied housing accounts for a competitive share (rank 58 of 216), supporting a viable tenant base for multifamily. Within a 3-mile radius, recent population and household counts have grown, and forecasts through 2028 point to further population growth and more households, expanding the renter pool and helping support occupancy over time.
Home values track near the national midpoint for similar neighborhoods, creating a more accessible ownership market relative to coastal metros. For investors, this suggests balanced dynamics: attainable ownership can create competition for some renter segments, while relatively low rent-to-income ratios locally reduce affordability pressure, aiding retention and payment performance.
Comparable safety benchmarking is limited here because WDSuite does not report a neighborhood crime score for this area. Investors often contextualize conditions using county and metro trends, property-level security practices, and resident feedback rather than relying on block-level interpretations.
Given the rural setting, consider standard risk management measures (lighting, access control, and coordination with local authorities) and underwrite to market-appropriate insurance and operating protocols. Reassess during diligence as new data becomes available.
Regional employment anchors within commuting range include financial services, consumer goods, and retail headquarters, which support renter demand through diverse white- and blue-collar jobs. Notable nearby employers are BB&T Corp., Reynolds American, Hanesbrands, Lowe's, and Sysco.
- BB&T Corp. — financial services (22.6 miles) — HQ
- Reynolds American — consumer tobacco (22.9 miles) — HQ
- Hanesbrands — apparel manufacturing (26.2 miles) — HQ
- Lowe's — home improvement retail (29.7 miles) — HQ
- Sysco — food distribution (33.6 miles)
This 2013-vintage, 51-unit property offers a newer product profile relative to an area dominated by older stock, supporting competitive positioning with moderate capital planning for systems and finishes over the hold. Based on CRE market data from WDSuite, neighborhood occupancy sits below the metro median, but a competitive renter-occupied housing share and expanding 3-mile household counts indicate a durable tenant base for stabilized operations.
Livability drivers are practical rather than lifestyle-focused: everyday retail and healthcare access test well for a rural location, while schools and destination amenities are more limited. Ownership costs sit near national midpoints, which can create some competition from for-sale options; however, lower rent-to-income ratios locally help sustain retention and payment performance, suggesting disciplined rent growth and active lease management as the optimal strategy.
- 2013 construction offers competitive positioning versus older neighborhood stock with manageable mid-life CapEx
- Expanding 3-mile population and household counts support a larger renter pool and occupancy stability
- Everyday amenities and healthcare access are strong for a rural setting, aiding day-to-day livability
- Lower rent-to-income ratios support retention and collections, with disciplined rent setting
- Risks: below-metro neighborhood occupancy, modest school ratings, and potential competition from attainable ownership