| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Fair |
| Demographics | 32nd | Poor |
| Amenities | 21st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Wind Rd, Greensboro, NC, 27405, US |
| Region / Metro | Greensboro |
| Year of Construction | 1986 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Wind Rd, Greensboro NC Multifamily Investment
Neighborhood occupancy trends sit below the Greensboro metro median while renter demand is reinforced by a higher renter-occupied share, according to WDSuite s CRE market data. This concise commercial real estate analysis points to value-add potential through operational upgrades and positioning.
Situated in an inner-suburb pocket of Greensboro, the surrounding neighborhood carries a C+ rating and ranks 148 of 245 metro neighborhoods, placing it below the metro median overall. For investors, the mix is pragmatic: neighborhood occupancy is below the metro median (rank 184 of 245), but the renter-occupied share is comparatively strong and in a high national percentile, signaling a deeper tenant base for multifamily.
Daily needs access is serviceable rather than destination-driven. Grocery and restaurant density rank 60 of 245 each, competitive among Greensboro neighborhoods, while cafes, parks, and pharmacies are sparse in the immediate area. This pattern supports workforce housing dynamics where convenience matters more than specialty amenities.
The asset s 1986 vintage is slightly older than the neighborhood average construction year (1990). That age profile often aligns with value-add plans: investors can underwrite targeted capital projects (exteriors, interiors, systems) to sharpen competitiveness versus newer stock while managing long-term CapEx.
Within a 3-mile radius, population and households have grown in recent years and are projected to expand further, indicating a larger tenant base ahead. Rising household counts and steady family presence support demand for a range of unit types; this backdrop can aid occupancy stability even as ownership options remain accessible in the broader market.
Home values in the neighborhood sit on the lower end nationally, and median rents track below national midpoints. For multifamily, this suggests two countervailing forces: some competition from ownership alternatives, but also lower rent-to-income pressures that can support lease retention and reduce turnover volatility.
Safety signals are mixed and should be framed comparatively. The neighborhood s crime rank is 54 out of 245 within the Greensboro metro, indicating higher incident levels relative to many local peers. Nationally, however, the area sits modestly above the midpoint by percentile, and recent data show material year-over-year declines in both violent and property offenses. For underwriting, this points to a market where trends are improving but property-level security and lighting plans remain prudent.
Proximity to established corporate employers underpins renter demand through commute convenience and diversified job bases. Nearby anchors include VF, Laboratory Corp. of America, Reynolds American, BB&T Corp., and Hanesbrands.
- VF apparel corporate offices (1.1 miles) HQ
- Laboratory Corp. of America laboratory diagnostics (19.7 miles) HQ
- Reynolds American tobacco corporate offices (25.7 miles) HQ
- BB&T Corp. banking (25.8 miles) HQ
- Hanesbrands apparel corporate offices (27.0 miles) HQ
This 23-unit, 1986-vintage property offers a practical value-add angle in a renter-oriented pocket of Greensboro. The neighborhood ranks below the metro median for occupancy, yet maintains a comparatively high renter-occupied share and shows improving safety trends. According to CRE market data from WDSuite, local rents and ownership costs sit on the more accessible end, which can support lease retention and consistent absorption for well-managed assets.
Three-mile demographics indicate recent growth in population and households with further expansion projected, increasing the local renter pool. With credible corporate employment nodes within commuting range, a focused renovation and operations plan can position the property competitively against newer product while maintaining affordability-driven demand.
- Renter base depth: renter-occupied share ranks strongly versus the metro and sits high nationally, supporting demand stability.
- Value-add potential: 1986 vintage allows targeted renovations to improve competitive positioning and rents.
- Demand drivers: 3-mile population and household growth, plus proximity to established employers, expand the leasing funnel.
- Affordability tailwind: relatively lower rents and rent-to-income levels can aid retention and reduce turnover risk.
- Risks: neighborhood occupancy below metro median, limited specialty amenities nearby, and metro-relative crime levels warrant active asset and tenant-experience management.