| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 82nd | Best |
| Amenities | 32nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Dawn Dr, Aberdeen, NC, 28315, US |
| Region / Metro | Aberdeen |
| Year of Construction | 1985 |
| Units | 47 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Dawn Dr Aberdeen 47-Unit Multifamily Investment
Neighborhood occupancy around 93% and a renter-occupied share near 20% suggest steady but modest multifamily depth; according to WDSuite’s CRE market data, local rents and home values trend above national medians, supporting pricing power with prudent lease management.
The property is situated in an A-rated suburban neighborhood that performs in the top quartile among 39 metro neighborhoods for overall quality. Grocery and restaurant access score competitively at the metro level (both ranked within the top five of 39), and park access also ranks near the top, while cafes and pharmacies are limited within the immediate area. For investors, this mix points to everyday convenience with fewer discretionary amenity options, which can influence resident retention strategies.
Multifamily fundamentals in the neighborhood are above the metro median, with occupancy ranking 10th of 39 neighborhoods. The share of renter-occupied housing is about one-fifth of units and ranks 12th of 39, indicating an owner-leaning area; this typically means a stable but thinner renter pool, favoring consistent tenancy over rapid lease-up velocity.
Within a 3-mile radius, population grew roughly over the past five years and households increased meaningfully, with additional household growth projected by 2028. This points to a larger tenant base ahead and supports occupancy stability for well-positioned buildings. Median household incomes are strong compared with national norms, and neighborhood demographics rank in the top quintile nationally, reinforcing depth for quality workforce and move-up rental product.
Elevated home values relative to national benchmarks and a favorable rent-to-income profile in the neighborhood suggest room for disciplined rent optimization while maintaining lease retention. For investors, the implication is measured pricing power supported by a stable, higher-income renter cohort, balanced against an owner-heavy backdrop.
Based on WDSuite’s data, the neighborhood’s overall safety profile trends better than the national middle, with crime safety in the 60th percentile nationally. Relative to the metro, its crime rank (17th of 39 neighborhoods) places it above the metro average but not in the very top tier, suggesting generally favorable conditions with pockets that merit routine monitoring common to suburban markets.
Recent trends are mixed: estimated property offenses have declined year over year, while estimated violent offenses ticked up modestly. For investors, this underscores the importance of standard security measures and resident engagement, rather than signaling a structural shift in area risk.
100 Dawn Dr, built in 1985, offers a mid-1980s vintage that can benefit from targeted value-add and systems modernization while competing well against older neighborhood stock. Neighborhood occupancy is above the metro median, and the renter-occupied share near 20% signals a stable, owner-leaning area where retention and renewal strategies matter as much as lease-up speed. Within a 3-mile radius, population and households have grown, with further household gains projected, supporting a larger tenant base and occupancy stability. Elevated home values alongside a favorable rent-to-income profile indicate potential for disciplined rent growth without overextending affordability, according to CRE market data from WDSuite.
Key considerations include the limited concentration of certain amenities (such as cafes and pharmacies) and mixed but generally favorable safety trends, both of which argue for thoughtful asset management and resident experience investments. The combination of solid neighborhood fundamentals, income strength relative to national norms, and value-add potential at this vintage creates a balanced long-term thesis focused on durable cash flow and measured upside.
- Above-metro-median neighborhood occupancy supports cash flow durability.
- 3-mile radius population and household growth expand the tenant base and support leasing stability.
- Elevated home values and favorable rent-to-income dynamics reinforce measured pricing power.
- 1985 vintage offers value-add potential and modernization upside versus older local stock.
- Risks: limited nearby discretionary amenities and mixed safety trends require proactive management.