| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 48th | Good |
| Demographics | 53rd | Good |
| Amenities | 27th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Woodbriar Path, Rural Hall, NC, 27045, US |
| Region / Metro | Rural Hall |
| Year of Construction | 1980 |
| Units | 20 |
| Transaction Date | 1998-06-01 |
| Transaction Price | $570,000 |
| Buyer | ANDRAOS SHAFIC A |
| Seller | SHAH SUMATI B |
100 Woodbriar Path, Rural Hall NC — 20-Unit Multifamily
Neighborhood occupancy sits in the low-90s and renter demand is supported by accessible rents relative to incomes, according to WDSuite’s CRE market data. Stability is underpinned by a smaller but steady renter base in a rural submarket of the Winston-Salem metro.
Located in Rural Hall within the Winston-Salem metro, the neighborhood carries a B+ rating and is competitive among Winston-Salem neighborhoods (rank 64 out of 216). For investors, this points to balanced fundamentals rather than a momentum or distress profile.
Occupancy for the neighborhood is around 91.7%, effectively unchanged over the last five years, which supports baseline income stability for well-managed assets. The renter-occupied share of housing units is modest at the neighborhood level (27.9%), indicating a smaller but more defined tenant pool where resident retention and targeted leasing can be effective drivers of performance.
Amenity density is mixed: grocery and pharmacy access track near or modestly above national medians, while cafes, parks, and childcare options are limited locally. This pattern is typical of rural submarkets, where residents rely on a few key commercial nodes; investors can position around convenience, parking, and daily-needs access over lifestyle retail clustering.
Within a 3-mile radius, demographic statistics show slight population contraction in the prior five years alongside an increase in total households, signaling smaller household sizes and a gradual broadening of the renter pool. Looking ahead to 2028, forecasts point to household growth that can expand the local tenant base and support occupancy stability. Neighborhood-level rents are relatively accessible (with neighborhood median contract rents below many metro peers), and the rent-to-income profile near mid-range nationally supports lease retention and measured pricing power rather than aggressive hikes.
Home values in the neighborhood are moderate for the region, a high-cost ownership market is not the defining feature here. That context can sustain multifamily demand by keeping rentals attractive for households prioritizing payment predictability and lower upfront costs, while limiting direct competition from entry-level ownership in some segments.
Safety indicators for the neighborhood sit near the metro median (crime rank 104 out of 216), but compare below the national median (around the 33rd percentile nationally). For investors, that implies due diligence on property-level security, lighting, and management presence can be an important part of underwriting and operations.
Recent trend signals show year-over-year increases in both property and violent offense estimates at the neighborhood level. While neighborhood figures can fluctuate, underwriting should account for practical measures such as access control and resident engagement, and weigh proximity to employment and daily-needs retail that can support activation and natural surveillance.
Proximity to established corporate employers underpins workforce housing demand and commute convenience for residents, notably across apparel and diversified consumer firms as well as financial services. The following headquarters are within driving distance and contribute to a stable regional employment base.
- Hanesbrands — apparel HQ (3.8 miles) — HQ
- Reynolds American — consumer products HQ (9.9 miles) — HQ
- BB&T Corp. — financial services HQ (10.2 miles) — HQ
- VF — apparel & footwear HQ (29.1 miles) — HQ
This 20-unit property, built in 1980, is slightly older than the neighborhood’s average vintage and may offer value-add potential through targeted renovations and systems upgrades. Neighborhood occupancy in the low-90s and a modest renter-occupied share point to a defined tenant base where leasing consistency depends on operations, renewals, and measured rent optimization. According to CRE market data from WDSuite, neighborhood rents remain accessible relative to incomes, supporting retention and steady absorption over rapid rate growth.
Investor positioning benefits from proximity to major Winston-Salem employers and household growth projections within a 3-mile radius that expand the local renter pool over the medium term. Amenity density is serviceable for daily needs but not lifestyle-driven, suggesting a focus on on-site livability features and reliable maintenance to differentiate the asset. Key risks include below-national safety percentiles and potential capital expenditures associated with its 1980 vintage; prudent underwriting should budget for both.
- Accessible neighborhood rent-to-income profile supports retention and occupancy stability
- 1980 vintage offers value-add upside via unit and systems modernization
- Household growth within 3 miles expands the tenant base over the next five years
- Proximity to regional headquarters supports workforce housing demand
- Risks: below-national safety percentile and capex needs warrant conservative underwriting