| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Good |
| Demographics | 63rd | Best |
| Amenities | 24th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7835 N Point Blvd, Winston Salem, NC, 27106, US |
| Region / Metro | Winston Salem |
| Year of Construction | 1986 |
| Units | 88 |
| Transaction Date | 2020-09-25 |
| Transaction Price | $4,600,000 |
| Buyer | EPH 31 LLC |
| Seller | VIVO APARTMENTS WINSTON SALEM LLC |
7835 N Point Blvd, Winston-Salem Multifamily Investment
Renter demand is supported by a high renter concentration and access to daily-needs retail, while occupancy trends sit near the metro midpoint, according to WDSuite’s CRE market data. For investors, this points to steady leasing with room for value-add execution rather than outsized rent-driven growth.
Located in an inner-suburb setting of Winston-Salem, the neighborhood carries a B+ rating and ranks 58 out of 216 metro neighborhoods, indicating performance that is above the metro median in several fundamentals yet not top quartile. Grocery access is a relative strength (competitive density versus both the metro and many U.S. neighborhoods), while lifestyle amenities like cafes, parks, and pharmacies are thinner, which skews the area toward everyday convenience over destination retail.
Rents in the neighborhood benchmark below national medians, and median home values also sit below national norms. For multifamily investors, this generally supports a broader tenant base and manageable affordability pressures, though it can temper near-term pricing power. The neighborhood’s occupancy rate tracks close to the metro midpoint, suggesting stable but competitive leasing conditions rather than persistent waitlists.
Tenure dynamics are notable: a very high share of housing units are renter-occupied (top decile nationally), signaling deep multifamily demand and a sizable renewal pool for well-run assets. This renter concentration can help sustain occupancy, though effective management and amenity positioning matter given the submarket’s moderate rent levels.
The property’s 1986 vintage is older than the neighborhood average year built (1995). That age profile often presents pragmatic value-add opportunities—interior modernization, systems upgrades, and curb appeal—while requiring disciplined capital planning to remain competitive against newer stock.
Demographic statistics are aggregated within a 3-mile radius. Over the last period, population ticked down slightly while household counts edged up, pointing to smaller household sizes and steady apartment usage. Forward-looking forecasts show increases in both population and households through 2028, which would expand the renter pool and support occupancy stability if realized, based on CRE market data from WDSuite.
Neighborhood safety indicators sit around the middle of the pack within the Winston-Salem metro, with a crime rank of 97 out of 216 neighborhoods. Compared with neighborhoods nationwide, overall safety measures land below the national median, so investors should underwrite prudent security and lighting standards and consider resident experience programming.
Trend signals are mixed: estimated violent incidents have improved year over year (a positive directional sign), while property-related incident estimates have risen. In practice, this calls for standard risk mitigation—access control, visibility, and partnership with local resources—rather than assumptions of either pronounced improvement or deterioration.
Nearby headquarters and corporate offices anchor a diversified white-collar employment base, supporting commuter convenience and a steady renter pipeline from Hanesbrands, Reynolds American, BB&T Corp., and VF.
- Hanesbrands — apparel HQ (2.8 miles) — HQ
- Reynolds American — consumer goods HQ (3.9 miles) — HQ
- BB&T Corp. — financial services HQ (4.1 miles) — HQ
- VF — apparel HQ (26.7 miles) — HQ
7835 N Point Blvd offers an institutionally sized unit count in an inner-suburban location where renter-occupied housing is prevalent and daily-needs retail is accessible. Neighborhood occupancy trends sit near the metro midpoint, indicating stable leasing conditions that reward active management over passive rent appreciation. The 1986 vintage positions the asset for targeted renovations and systems upgrades to improve competitive standing against newer supply.
According to CRE market data from WDSuite, neighborhood rents and home values track below national norms, which supports demand depth and helps manage affordability pressure, though it may moderate pricing power. Within a 3-mile radius, household counts have inched up and are projected to grow alongside population over the next five years, suggesting a larger tenant base and support for occupancy stability if forecasts materialize.
- High renter concentration supports demand depth and renewal potential
- 1986 vintage provides clear value-add and capital improvement pathways
- Daily-needs retail access and nearby corporate HQs bolster leasing stability
- Neighborhood rents below national norms aid lease-up and retention
- Risks: safety metrics below national median and limited lifestyle amenities may require enhanced operations and amenity strategy