| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Best |
| Demographics | 58th | Good |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3751 Bracknell Dr, High Point, NC, 27265, US |
| Region / Metro | High Point |
| Year of Construction | 2004 |
| Units | 23 |
| Transaction Date | 2002-09-11 |
| Transaction Price | $1,500,000 |
| Buyer | COPPER MILL VILLAGE APARTMENTS LLC |
| Seller | CASHION BONNIE B |
3751 Bracknell Dr High Point Multifamily Opportunity
Neighborhood occupancy is in the mid-90s and has trended upward, indicating resilient renter demand according to WDSuite’s CRE market data.
Situated in High Point’s inner-suburban fabric, the neighborhood earns an A rating and ranks 11th among 245 metro neighborhoods — a top quartile position that signals strong fundamentals and livability for renters and workforce households.
Renter-occupied housing accounts for roughly a third of neighborhood units, pointing to a moderate renter concentration that supports a stable tenant base without heavy turnover exposure. The area’s occupancy is about 95%, and has improved over the past five years, suggesting steady leasing conditions relative to broader metro trends.
Amenity access is a local strength: dining, cafes, childcare, and pharmacies index above national medians, which helps with day-to-day convenience and leasing appeal. Park access is limited within the immediate neighborhood, which may slightly reduce lifestyle optionality compared with park-rich peers, though nearby retail and services mitigate that tradeoff.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with households expanding faster than population — implying smaller household sizes and a gradually diversifying renter pool. Looking forward, forecasts indicate continued household growth even as average household size declines, which can support multifamily demand through a larger base of leaseholders and more one- to two-bedroom demand. With a rent-to-income profile that sits near the lower end nationally, lease retention and rent collections have supportive tailwinds, while a relatively accessible ownership market could modestly temper pricing power at the top of the rent curve.
Safety conditions are around the metro middle and below the national median, based on neighborhood-level indicators. Year over year, both property and violent offense estimates show incremental declines, suggesting gradual improvement rather than a step-change shift. Investors should underwrite to current comparables and maintain prudent security and operational practices while monitoring trend direction at the neighborhood level.
Regional headquarters and corporate offices within commuting distance broaden the employment base and help support renter demand and retention. Key nearby employers include VF, BB&T Corp., Reynolds American, Hanesbrands, and Laboratory Corp. of America.
- VF — apparel HQ (12.0 miles) — HQ
- BB&T Corp. — banking HQ (16.1 miles) — HQ
- Reynolds American — consumer goods HQ (16.1 miles) — HQ
- Hanesbrands — apparel HQ (20.0 miles) — HQ
- Laboratory Corp. of America — diagnostics HQ (30.4 miles) — HQ
This inner-suburban location combines top quartile neighborhood standing within the Greensboro–High Point metro with steady occupancy in the mid-90s, indicating durable renter demand and comparatively stable leasing. Amenities score well for daily needs, while the renter-occupied share near one-third suggests a broad but not saturated tenant base. According to commercial real estate analysis from WDSuite, relative affordability (including a lower rent-to-income profile) supports retention and collections, though a more accessible ownership market may moderate peak-end pricing power.
Within a 3-mile radius, recent population and household gains — and forecasts that point to additional household growth alongside smaller average household sizes — signal an expanding base of leaseholders. Investors should note limited park access and safety performance below national medians, but ongoing crime-rate improvements and proximity to multiple regional headquarters help underpin demand and renewal prospects.
- Top quartile neighborhood rank in the metro supports long-run leasing fundamentals.
- Mid-90s neighborhood occupancy and improving trend indicate demand resilience.
- Amenity-rich area and proximity to major employers bolster retention and leasing velocity.
- Relative rent-to-income positioning supports collections and tenant durability.
- Risks: below-national safety metrics, limited parks, and competition from accessible ownership options.