| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 48th | Best |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 125 Wheeless Cir, Nashville, NC, 27856, US |
| Region / Metro | Nashville |
| Year of Construction | 1999 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
125 Wheeless Cir Nashville, NC Multifamily Opportunity
Positioned in Nashville’s inner-suburban fabric with steady renter demand signals and everyday amenities nearby, the property offers investors a practical, mid-sized entry point; based on CRE market data from WDSuite, neighborhood occupancy trends sit above the metro median, supporting income stability.
Nashville’s inner-suburban setting provides convenient access to daily needs. Neighborhood amenity density is competitive among Rocky Mount neighborhoods (68 total), with grocery and restaurant availability ranking favorably within the metro. This supports resident convenience and reduces friction in leasing and retention.
Multifamily fundamentals are balanced: the neighborhood’s occupancy rate is above the metro median among 68 neighborhoods, indicating demand that can help underpin cash flow durability through cycles, according to WDSuite’s CRE market data. Renter concentration at the neighborhood level is moderate, which suggests a stable—though not unlimited—tenant base for a 20‑unit asset.
Schools trend below national norms (national percentile below the midpoint), which can influence family-driven renter preferences. However, proximity to everyday services and parks helps support livability for workforce households and singles.
Within a 3‑mile radius, recent years show modest population and household softening, but forecasts point to growth in households and an expanding renter share over the next five years. For investors, that trajectory implies a larger tenant pool and support for occupancy stability as new households form and more residents rely on rental options.
Home values in the neighborhood are comparatively accessible versus many U.S. markets, which can introduce some competition from ownership. Even so, rent levels relative to incomes are generally manageable locally, which can aid lease retention and reduce turnover risk if renewals are priced carefully.
Safety indicators present a mixed but manageable profile. Compared with neighborhoods nationwide, violent and property offense measures track in the stronger half (higher national percentiles indicate relatively safer conditions). Within the Rocky Mount metro, however, the neighborhood sits closer to the higher‑crime cohort among 68 neighborhoods, so property management practices and lighting/security plans remain important.
Year‑over‑year signals show a recent uptick in property offenses, while violent offense trends have improved. Investors should monitor these trends at the neighborhood level rather than at the block level and account for them in underwriting for insurance, on‑site controls, and resident experience.
125 Wheeless Cir is a 20‑unit asset built in 1999—newer than the neighborhood’s average vintage—positioning it competitively against older local stock while leaving room for selective modernization of systems and interiors over a hold. According to CRE market data from WDSuite, the neighborhood’s occupancy trend tracks above the metro median, and amenity access is competitive within the Rocky Mount area, supporting leasing stability.
Investor considerations include a moderate neighborhood renter concentration that provides a durable, if measured, demand base; accessible ownership costs that can create some competition with for‑sale housing; and safety indicators that are nationally favorable but require attention to recent property‑offense momentum. Forecasts within a 3‑mile radius suggest household growth and an expanding renter pool, which supports longer‑term demand, while prudent capital planning can capture value‑add upside from a late‑1990s vintage.
- 1999 vintage offers competitive positioning versus older stock with targeted value‑add potential
- Neighborhood occupancy sits above the metro median, supporting cash‑flow stability
- Competitive amenity access in the Rocky Mount area aids leasing and retention
- 3‑mile forecasts indicate household growth and a larger renter pool over the next five years
- Risks: accessible ownership options, below‑average school ratings, and recent property‑offense uptick warrant underwriting and operational attention