| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 41st | Fair |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4447 Rehobeth Church Rd, Greensboro, NC, 27406, US |
| Region / Metro | Greensboro |
| Year of Construction | 2007 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4447 Rehobeth Church Rd Greensboro 33-Unit Multifamily
Strong neighborhood occupancy and renter demand point to stable operations, according to WDSuite s CRE market data. Newer 2007 vintage provides competitive positioning versus older local stock with potential to fine-tune finishes for retention.
Located in a rural-edge pocket of Greensboro, the neighborhood rates B+ and is competitive among Greensboro-High Point neighborhoods (ranked 88 out of 245). Occupancy in the neighborhood is elevated and above metro norms, with a rank of 33 out of 245 (top quartile nationally by percentile), supporting income stability for nearby assets.
Livability is balanced by limited lifestyle density: grocery and pharmacy access track near metro averages, while cafes, restaurants, and parks are thinner than core in-town areas. Average school ratings in the neighborhood are below metro norms, which may influence family-oriented leasing strategies.
Construction year averages skew older locally (1989), while this property s 2007 vintage is newer than the area norm. That positioning can reduce immediate capital exposure relative to 1980s assets, though investors should still budget for system updates and modernization to maintain competitiveness.
Within a 3-mile radius, demographics show a stable-to-expanding renter pool ahead: households have grown in recent years and are projected to increase further over the next five years, indicating a larger tenant base and supporting leasing continuity. Roughly half of housing units in this 3-mile radius are renter-occupied, suggesting depth for multifamily demand. Median rents and rent-to-income levels in the neighborhood point to manageable affordability pressure, which can aid retention, though relatively accessible ownership costs in this part of the metro may introduce some competition with entry-level ownership.
Safety trends are mixed but improving. The neighborhood ranks 74 out of 245 for crime within the Greensboro-High Point metro, placing it competitive among local areas, and around the middle of neighborhoods nationally by percentile. According to WDSuite, estimated violent and property offense rates have declined sharply year over year, indicating momentum in the right direction. Investors should continue standard risk management and compare trends versus nearby submarkets as part of underwriting.
Proximity to regional headquarters supports a diversified employment base and commute convenience for renters. Nearby employers include VF, Laboratory Corp. of America, Reynolds American, BB&T Corp., and Hanesbrands.
- VF apparel HQ offices (8.3 miles) HQ
- Laboratory Corp. of America diagnostics HQ offices (22.2 miles) HQ
- Reynolds American consumer products HQ offices (24.7 miles) HQ
- BB&T Corp. financial services HQ offices (24.7 miles) HQ
- Hanesbrands apparel HQ offices (28.0 miles) HQ
The investment case centers on durable renter demand and competitive vintage. Neighborhood occupancy remains high and above metro norms, supporting cash flow stability through cycles. The 2007 construction date positions the asset favorably versus the area s older 1980s average, with scope to capture value through targeted interior updates and light modernization. According to CRE market data from WDSuite, local rent levels and rent-to-income dynamics indicate manageable affordability pressure, which can aid retention while preserving pricing power.
Within a 3-mile radius, projections point to growth in population and households over the next five years, expanding the tenant base and supporting lease-up and renewal velocity. Balanced against these strengths, investors should consider thinner amenity density, below-metro school ratings, and mixed-but-improving safety signals when calibrating rent assumptions and marketing strategy.
- High neighborhood occupancy supports income stability
- 2007 vintage outcompetes older local stock with modest value-add upside
- 3-mile radius shows rising households, expanding renter pool
- Rent and income levels suggest manageable affordability pressure aiding retention
- Risks: limited amenities, below-metro school ratings, and safety that warrants monitoring