| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 51st | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3045 Henderson Dr, Jacksonville, NC, 28546, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1998 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3045 Henderson Dr Jacksonville NC Multifamily Opportunity
Renter demand is supported by a high share of renter-occupied units in the surrounding neighborhood and occupancy that tracks near national norms, according to WDSuite’s CRE market data. This positioning favors steady leasing while leaving room for targeted value-add at this 1998-vintage asset.
The property sits in Jacksonville’s Inner Suburb, where neighborhood amenities are a relative strength. The area ranks 1st out of 55 metro neighborhoods for overall amenity access and lands in the top half nationally, with particularly solid proximity to restaurants, cafes, groceries, parks, and pharmacies. For investors, this convenience profile helps with day-to-day livability and can support leasing velocity and renewal intent.
Multifamily fundamentals are balanced. Neighborhood occupancy is near the national middle, and the renter concentration is elevated (58.5% of housing units are renter-occupied), indicating a deeper tenant base for workforce and mid-market product. Median contract rents in the neighborhood sit close to national medians, which can aid lease-up predictability without over-reliance on premium pricing.
Within a 3-mile radius, demographics indicate a broad renter pool anchored by young adults and families. While total population has edged down in recent years, WDSuite’s data show households increased and are projected to rise further over the next five years, suggesting smaller household sizes and a potential expansion of the renter base that can support occupancy stability and consistent leasing.
The asset’s 1998 construction is older than the neighborhood’s average build-year (2005). That age profile points to practical capital planning and selective renovations to remain competitive against newer stock, with value-add scope in unit interiors, common areas, and systems modernization. Area home values are relatively modest versus many U.S. markets, which can create some competition from ownership; however, that context also supports retention for residents prioritizing flexibility and more accessible rental options.
Safety trends warrant monitoring. The neighborhood’s crime rank sits at 24 out of 55 within the Jacksonville metro, indicating higher reported crime than the metro median. Nationally, the area falls below average safety percentiles; however, both violent and property offense rates have improved year over year, according to CRE market data from WDSuite. For investors, prudent security measures and resident engagement can help mitigate perception and support retention.
This 45-unit, 1998-vintage community offers a straightforward value-add path in a Jacksonville neighborhood with strong amenity access and a deep renter base. Neighborhood occupancy sits near national norms while renter concentration is high, supporting day-to-day leasing and renewal stability. According to CRE market data from WDSuite, local rents and home values are moderate, supporting demand from price-sensitive renters while tempering outsized pricing power—conditions suited to steady operations and measured renovation programs.
Given the asset is older than the neighborhood average build-year, targeted CapEx in interiors and building systems can sharpen competitive positioning versus 2000s-era supply. Demographics within 3 miles point to continued household growth and a larger tenant base over the coming years, which can reinforce occupancy stability if management prioritizes resident experience and affordability.
- Amenity-rich Inner Suburb location supports leasing velocity and renewal potential.
- High neighborhood renter-occupied share indicates depth of tenant demand.
- 1998 vintage provides clear value-add and systems-upgrade opportunities versus newer stock.
- Household growth within 3 miles suggests an expanding renter pool that can support occupancy.
- Risks: below-average safety metrics and relatively accessible ownership options may temper pricing power; emphasize security, resident experience, and disciplined rent strategy.