| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Best |
| Demographics | 67th | Best |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7354 Woodspring Dr, Whitsett, NC, 27377, US |
| Region / Metro | Whitsett |
| Year of Construction | 2012 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7354 Woodspring Dr, Whitsett NC Multifamily Investment
Suburban Whitsett asset positioned for steady renter demand; according to WDSuite’s CRE market data, neighborhood occupancy sits in the low-90s with rent-to-income levels that support retention.
Whitsett’s suburban setting offers everyday convenience and commuting access between Greensboro and Burlington. The neighborhood scores A- overall and ranks 46th among 245 Greensboro–High Point neighborhoods, placing it in the top quartile locally for overall quality, based on CRE market data from WDSuite.
Amenity access is competitive among Greensboro–High Point peers (amenity rank 92 of 245) but trails national leaders (national percentile in the mid-20s), signaling a quieter, auto-oriented environment rather than a high-density retail core. Grocery and park availability track near the metro middle, while cafes and pharmacies are limited within close range.
Neighborhood occupancy is reported around 92%, suggesting stable utilization of housing. Within a 3-mile radius, roughly one-third of housing units are renter-occupied, indicating a meaningful tenant base for multifamily while still reflecting a largely owner-occupied area. For investors, this mix supports depth of demand without heavy reliance on transient renters.
The property’s 2012 vintage is slightly newer than the neighborhood average year built (2010). That positioning can help competitiveness versus older stock, while still warranting forward capital planning for systems and common-area refreshes as the asset approaches its second decade.
Demographics aggregated within 3 miles show population and household growth over recent years, with projections pointing to continued increases. Rising incomes in the area provide support for rent levels, and the neighborhood’s rent-to-income ratio sits at investor-manageable levels, which can aid lease retention and reduce turnover risk.
Ownership costs in the immediate area are moderate by national standards. This can introduce some competition from entry-level ownership options, but it also supports longer-term stability as households weigh the convenience of professionally managed rentals against maintenance and financing considerations. These dynamics generally support steady absorption and durable tenancy rather than rapid turnover.
Safety indicators for the neighborhood sit near the metro midpoint when compared with 245 Greensboro–High Point neighborhoods. Nationally, WDSuite data places the area close to the middle of the pack, reflecting neither a standout low-crime nor high-crime profile.
Year-over-year trends point to improvement, with violent offenses declining and property offenses easing modestly. For investors, this trajectory supports renter retention and leasing narratives without overpromising block-level outcomes. As always, underwriting should reflect property-level measures and professional management practices.
Proximity to established employers underpins workforce housing demand and commute convenience, led by Laboratory Corp. of America, VF, Reynolds American, BB&T Corp., and Cisco Systems.
- Laboratory Corp. of America — diagnostics & life sciences (6.6 miles) — HQ
- VF — apparel & consumer brands (14.5 miles) — HQ
- Reynolds American — consumer products (38.9 miles) — HQ
- BB&T Corp. — banking & financial services (39.0 miles) — HQ
- Cisco Systems — technology offices (39.9 miles)
This 2012-vintage, low-density multifamily asset in suburban Whitsett benefits from a top-quartile neighborhood ranking within the Greensboro–High Point metro and steady occupancy at the neighborhood level. According to CRE market data from WDSuite, rent-to-income metrics indicate manageable affordability pressure, supporting tenant retention, while 3-mile demographic trends point to a growing renter pool and rising incomes that can sustain demand.
Relative to older nearby stock, the asset’s vintage offers competitive positioning with scope for targeted value-add over the hold period as systems age and common areas benefit from modernization. Ownership costs in the area are moderate, which can create some competition from entry-level ownership but also supports durable tenancy and measured rent growth when paired with professional management and amenity upkeep.
- Top-quartile neighborhood within the metro supports leasing stability
- Occupancy and rent-to-income levels favor retention and pricing discipline
- 2012 vintage provides competitive positioning with targeted value-add potential
- 3-mile population and income growth expand the tenant base over time
- Risk: moderate ownership costs may compete with rentals; underwriting should reflect measured rent assumptions