| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Fair |
| Demographics | 40th | Fair |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 101 Vineyard Brook Ct, Winston Salem, NC, 27104, US |
| Region / Metro | Winston Salem |
| Year of Construction | 1994 |
| Units | 40 |
| Transaction Date | 2014-09-03 |
| Transaction Price | $2,275,000 |
| Buyer | PACIFIC COAST MANAGEMENT LLC |
| Seller | HRL PROPERTIES LLC |
101 Vineyard Brook Ct Winston-Salem Multifamily Investment
High renter concentration in the neighborhood points to a deeper tenant base and durable leasing, while the 1994 vintage offers relative competitiveness versus older stock, according to WDSuite’s CRE market data.
Located in an inner-suburb pocket of Winston-Salem, the property benefits from strong daily-needs coverage and dining density. Neighborhood amenity access is competitive among 216 Winston-Salem neighborhoods for groceries and restaurants (both ranked 11th of 216), with cafés even stronger (5th of 216), placing these categories in the upper tier nationally. These dynamics generally support resident convenience and help with leasing velocity and retention.
The building’s 1994 construction is newer than the neighborhood’s average vintage from 1975. For investors, that typically means stronger competitive positioning versus older properties nearby, though planning for system updates and selective modernization remains prudent as the asset ages.
Within a 3-mile radius, population and households have grown in recent years, with forecasts calling for further population growth and an increase in households over the next five years. This points to a larger tenant base and potential renter pool expansion that can support occupancy stability and steady absorption. Median contract rents in the 3-mile area are projected to increase, reinforcing the case for disciplined revenue management rather than aggressive concessions.
The neighborhood shows a high share of renter-occupied housing units (top decile nationally), which indicates depth for multifamily demand. Home values are relatively accessible compared with many U.S. markets, which can introduce some competition from ownership; however, a rent-to-income profile near typical thresholds suggests manageable affordability pressure and supports lease retention when combined with amenity convenience. School quality scores trend below national averages, which can affect family-oriented demand, and the lack of nearby parks may reduce open-space appeal. Overall, this area remains competitive among Winston-Salem neighborhoods (28th of 216 by composite rating), balancing strengths in convenience with considerations around schools and open space, based on CRE market data from WDSuite.
Safety indicators for the neighborhood compare below national medians, with property and violent offense percentiles sitting in the lower national ranges. In metro context, this area trends around the middle of Winston-Salem neighborhoods rather than the top tier for safety. Recent one-year readings show increases in violent and property offenses; investors should underwrite with conservative assumptions for security measures and consider the impact on marketing, tenant retention, and insurance.
Proximity to established corporate headquarters supports a steady base of professional employment and commute convenience for renters. Notable nearby employers include BB&T Corp., Reynolds American, Hanesbrands, and VF.
- BB&T Corp. — banking HQ (4.5 miles) — HQ
- Reynolds American — consumer goods HQ (4.7 miles) — HQ
- Hanesbrands — apparel HQ (8.4 miles) — HQ
- VF — apparel & footwear HQ (29.5 miles) — HQ
101 Vineyard Brook Ct offers a 1994-vintage, 40‑unit asset positioned in a neighborhood with strong daily-needs and dining access, supporting leasing fundamentals. The asset is newer than the local average vintage, giving it a relative edge versus older comparables while still warranting a modernization plan for systems and finishes. The area’s high renter-occupied share points to depth of multifamily demand, though occupancy levels at the neighborhood scale sit closer to national mid-range, suggesting prudent leasing assumptions.
Within a 3-mile radius, steady population growth and an increase in households are expected to continue over the next five years, indicating renter pool expansion and support for occupancy stability. Ownership costs remain relatively accessible locally, which can create competition with for-sale options, but nearby employment anchors and amenity convenience help sustain demand. According to WDSuite’s multifamily property research, these dynamics favor disciplined revenue management and targeted value-add to enhance competitiveness without relying on outsized rent gains.
- 1994 vintage offers competitive positioning versus older neighborhood stock, with targeted modernization upside
- High renter-occupied concentration indicates depth of tenant demand and supports leasing stability
- 3-mile radius shows population and household growth, reinforcing a larger renter base and absorption potential
- Amenity convenience (groceries, dining, cafés) competitive among 216 Winston-Salem neighborhoods supports retention
- Risks: below-national safety readings, lower school ratings, limited park access, and potential competition from ownership