| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Good |
| Demographics | 32nd | Poor |
| Amenities | 43rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 312 Linville Ridge Ct, Winston Salem, NC, 27101, US |
| Region / Metro | Winston Salem |
| Year of Construction | 1985 |
| Units | 98 |
| Transaction Date | 2025-09-30 |
| Transaction Price | $9,650,000 |
| Buyer | EP LINVILLE RIDGE PROPCO OWNER LLC |
| Seller | SUGAR CREEK LLC |
312 Linville Ridge Ct Winston-Salem Multifamily Investment
Neighborhood fundamentals point to steady renter demand and manageable affordability pressures, according to WDSuite’s CRE market data. Expect demand supported by household growth and proximity to major employers, with operations focused on retention and disciplined lease management.
This B-rated, suburban Winston-Salem neighborhood ranks above the metro median (90 of 216), suggesting balanced livability and investment appeal relative to local peers. Amenity access is mixed: pharmacies and childcare options track in the stronger cohort, while parks and cafes are sparse. For investors, this typically means convenience for daily needs but fewer lifestyle amenities that drive premium pricing.
Renter concentration is around one-third of housing units (neighborhood tenure metric), indicating a meaningful—though not dominant—base of renter-occupied units to support multifamily leasing. At the neighborhood level, occupancy is reported for the neighborhood at the high-80s and has been broadly stable over the past five years, which frames expectations for steady but competitive leasing rather than outsized pricing power.
Within a 3-mile radius, demographics show population growth and a notable increase in households, with forecasts pointing to additional household gains over the next five years. This broadens the local tenant base and supports occupancy stability for well-positioned assets. Income distributions are diverse and trending upward, which, together with a rent-to-income backdrop near management-friendly levels, supports retention when paired with measured renewal strategies.
Ownership costs sit in a mid-range context for the region. Elevated home values relative to local incomes are not extreme, but they do reinforce steady reliance on rental housing in the near term. For investors, this combination typically supports consistent leasing velocity, with opportunities to capture demand from households prioritizing accessible rent levels over ownership.
Safety indicators for the neighborhood are mixed compared with regional and national peers. The area sits below the national median safety percentile, and its metro rank (86 out of 216 neighborhoods) indicates crime exposure that warrants prudent onsite management and resident engagement.
Trend signals are more constructive: violent offense estimates have declined year over year, placing the neighborhood in a stronger national improvement cohort, while property offenses have recently risen. For investors, the takeaway is to emphasize lighting, access control, and community standards while monitoring citywide trends and coordinating with local resources.
Nearby headquarters-scale employers provide a diversified employment base that supports renter demand and commute convenience, including Reynolds American, BB&T Corp., Hanesbrands, VF, and Laboratory Corp. of America.
- Reynolds American — tobacco products HQ (4.3 miles) — HQ
- BB&T Corp. — banking HQ (4.4 miles) — HQ
- Hanesbrands — apparel HQ (7.7 miles) — HQ
- VF — apparel HQ (20.7 miles) — HQ
- Laboratory Corp. of America — diagnostics HQ (40.9 miles) — HQ
312 Linville Ridge Ct is a 98-unit, 1985-vintage asset in a suburban Winston-Salem neighborhood that ranks above the metro median. The vintage is newer than the area’s average housing stock, which can offer a competitive position versus older product while still leaving room for selective modernization to enhance rentability and reduce near-term CapEx surprise. Household growth within 3 miles and proximity to multiple headquarters-scale employers support demand depth and occupancy stability.
According to CRE market data from WDSuite, neighborhood-level occupancy sits below typical stabilized benchmarks but has been broadly steady, while rent levels remain within retention-friendly ranges relative to local incomes. This points to an income-driven strategy: focus on renewals, light value-add, and disciplined underwriting that accounts for mixed amenity density and safety variability, with upside tied to operations and targeted upgrades rather than outsized market rent lifts.
- 1985 vintage offers competitive positioning versus older stock, with selective modernization potential
- Household growth within 3 miles expands the tenant base and supports occupancy stability
- Proximity to headquarters-scale employers underpins steady leasing and retention
- Rent-to-income context supports renewal-led strategies and measured pricing
- Risks: amenity gaps and safety variability require active management and conservative underwriting