| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Best |
| Demographics | 61st | Best |
| Amenities | 72nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 201 N Sunset Dr, Winston Salem, NC, 27101, US |
| Region / Metro | Winston Salem |
| Year of Construction | 1977 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
201 N Sunset Dr, Winston-Salem NC Multifamily Investment
Renter demand is supported by a high neighborhood renter-occupied share and strong amenity access, according to WDSuite’s CRE market data, positioning this asset for steady leasing with thoughtful management.
Located in an Inner Suburb pocket of Winston-Salem, the neighborhood ranks 7th among 216 metro neighborhoods (A+ rating), indicating competitive positioning within the metro. Amenity access is a strength: restaurants are in the 94th percentile nationally, grocery options are in the 86th percentile, and childcare density sits in the 90th percentile, helping bolster daily convenience for residents and supporting leasing velocity.
The neighborhood s renter-occupied share is 67.2% (96th percentile nationally), signaling a deep tenant base and resilient multifamily demand. By contrast, neighborhood occupancy averages 85.3% (below the metro median and in the lower national percentiles), so active leasing, renewals, and targeted upgrades may be important to sustain stabilized performance at the property level. These figures reflect neighborhood conditions, not the property s own occupancy.
Within a 3-mile radius, population has been broadly stable with households up modestly in recent years and projected to expand further, alongside a forecast decline in average household size. This combination points to a gradually larger renter pool and more households seeking units, a constructive backdrop for multifamily absorption. Median rents in the area have trended upward, and current rent-to-income levels around 0.24 suggest manageable affordability pressure that can aid retention and reduce turnover risk.
Ownership remains a high-cost option relative to local incomes (home values are elevated with a high value-to-income ratio), which tends to sustain reliance on rental housing and supports pricing power for well-managed assets. Compared with much of the surrounding housing stock, a 1977 vintage can be competitively positioned after selective modernization, given the neighborhood s older average construction year.
Safety conditions are mixed relative to peers. The neighborhood s crime rank is 110 out of 216 metro neighborhoods, indicating safety that is below the metro average. Nationally, overall crime sits around the 32nd percentile, which is weaker than typical U.S. neighborhoods.
Trend signals are nuanced: estimated violent offense has declined year over year (an improvement that is competitive among U.S. neighborhoods), while property offenses increased over the same period. Investors should underwrite with sensible operating assumptions eg., lighting, access control, and community engagement and monitor trends over time rather than relying on block-level anecdotes.
Proximity to major employers helps support weekday occupancy and renewal potential, with a concentration of headquarters in financial services, consumer goods, and apparel within commuting distance.
- BB&T Corp. financial services (1.0 miles) HQ
- Reynolds American consumer goods (1.2 miles) HQ
- Hanesbrands apparel (6.5 miles) HQ
- VF apparel & footwear (26.1 miles) HQ
201 N Sunset Dr offers scale at 64 units in a neighborhood that is competitive within the Winston-Salem metro, with strong day-to-day amenities and a large renter-occupied base supporting tenant demand. The 1977 vintage suggests potential value-add and systems modernization; relative to the area s older housing stock, upgrades can sharpen positioning and support rent attainment. According to commercial real estate analysis from WDSuite, neighborhood occupancy trends are softer than metro norms, so asset performance should emphasize leasing execution and renewal management.
Within a 3-mile radius, households are expanding and are projected to grow further as average household size trends lower, pointing to incremental demand for rental units. Elevated ownership costs relative to income reinforce reliance on multifamily, while rent-to-income levels indicate manageable affordability pressure that can aid retention and stabilize cash flow under disciplined operations.
- Amenity-rich location with strong food, grocery, and childcare access supporting leasing velocity
- Large renter-occupied share signals a deep tenant base and demand durability
- 1977 vintage presents value-add and systems upgrade paths to improve competitiveness
- Household growth within 3 miles and shrinking household size point to ongoing renter pool expansion
- Risk: neighborhood safety and below-metro occupancy warrant prudent underwriting and active management