| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Best |
| Demographics | 75th | Best |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4610 Crowne Lake Cir, Jamestown, NC, 27282, US |
| Region / Metro | Jamestown |
| Year of Construction | 1996 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4610 Crowne Lake Cir Jamestown Multifamily Investment
Positioned in an A+ suburban neighborhood, this 24-unit property benefits from competitive neighborhood occupancy and top-quartile metro rent positioning, according to WDSuite’s CRE market data.
Jamestown’s immediate neighborhood carries an A+ rating and ranks 9th out of 245 Greensboro–High Point neighborhoods, placing it firmly in the top quartile of the metro. Neighborhood occupancy is measured at the neighborhood level at 94.1% and performs competitive among Greensboro–High Point neighborhoods (rank 78 of 245), signaling a stable leasing backdrop for multifamily.
Livability indicators are supportive: average school ratings are strong (rank 8 of 245, top quartile in the metro), and amenity access is competitive (amenity rank 37 of 245) with parks, pharmacies, and childcare density landing above national midpoints. Cafés and restaurants are thinner locally, which is typical for low-density suburban settings, but grocery access sits around the national middle, supporting day-to-day convenience.
Vintage matters for capital planning. Built in 1996, the asset is slightly older than the area’s average construction year of 2001. That positioning can support a value-add thesis through targeted interior and systems updates to improve competitive standing against newer stock, while remaining cost-aware on larger CapEx items.
Demographic statistics are aggregated within a 3-mile radius and indicate a stable-to-growing renter base: households increased over the last five years and are projected to expand further, with average household size trending smaller. This pattern points to more households and a larger tenant base entering the market, supporting occupancy stability. The renter-occupied share within the 3-mile radius sits near the mid-40% range, offering depth for multifamily leasing while avoiding overconcentration. Median neighborhood home values are elevated for the metro, which, alongside a rent-to-income ratio near the mid-teens, suggests pricing power with measured retention risk management rather than significant competition from ownership.
Safety indicators for the neighborhood benchmark close to the national middle overall (crime national percentile in the mid-40s), and performance is around the metro median (rank 114 of 245). Property and violent offense measures also track near national midpoints, according to CRE market data from WDSuite.
Year-over-year estimates point to modest increases in both property and violent offense rates locally. For investors, this argues for standard security and lighting upgrades, attention to access controls, and routine coordination with local public safety resources rather than outsized risk assumptions.
Nearby headquarters and corporate offices such as VF, Reynolds American, BB&T Corp., Hanesbrands, and Laboratory Corp. of America anchor a diverse employment base within commuting distance, supporting renter demand and lease retention.
- VF — apparel HQ (9.2 miles) — HQ
- Reynolds American — tobacco products HQ (17.9 miles) — HQ
- BB&T Corp. — banking HQ (18.0 miles) — HQ
- Hanesbrands — apparel HQ (21.2 miles) — HQ
- Laboratory Corp. of America — diagnostics HQ (27.9 miles) — HQ
This 24-unit, 1996-vintage asset sits in a top-ranked suburban Jamestown neighborhood where neighborhood-level occupancy is competitive and rents benchmark in the metro’s upper tier. Based on CRE market data from WDSuite, school quality and essential services are supportive, while household growth within a 3-mile radius and smaller household sizes point to a larger renter pool over the next cycle. Given the vintage relative to the area’s 2001 average, targeted renovations present a straightforward path to strengthen positioning against newer comparables.
Ownership costs in the area are elevated for the metro, which can sustain reliance on rental housing and support pricing power when paired with a rent-to-income profile near the mid-teens. Execution focus should include pragmatic CapEx planning, security best practices consistent with mid-range safety benchmarking, and amenity upgrades tailored to suburban renters.
- A+ neighborhood with competitive occupancy and strong school ratings supports leasing stability.
- 1996 vintage vs. 2001 area average offers value-add potential through selective renovations.
- 3-mile household growth and smaller household sizes indicate renter pool expansion and demand depth.
- Risks: mid-range safety metrics and aging systems warrant proactive management and CapEx planning.