| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Best |
| Demographics | 77th | Best |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Copperline Dr, Chapel Hill, NC, 27516, US |
| Region / Metro | Chapel Hill |
| Year of Construction | 1995 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Copperline Dr, Chapel Hill NC Multifamily Investment
Stability and renter demand in a high-cost ownership pocket of Chapel Hill, according to WDSuite s CRE market data, position this 22-unit asset for durable occupancy with selective value-add upside.
Situated in a suburban enclave ranked 19 out of 211 Durham Chapel Hill neighborhoods (top quartile among 211 metro neighborhoods), the area offers solid fundamentals for multifamily investors. Neighborhood occupancy is 93.4% and sits above the metro median, supporting near-term leasing stability, while the local renter-occupied share is measured at roughly one-third of housing units indicating demand that is present but not saturated.
Schools are a relative strength: the neighborhood s average school rating is 4.0 out of 5, ranking 7 of 211 and landing in the top quartile nationally. Parks and daily conveniences are mixed park access is competitive (rank 15 of 211; high national percentile) and pharmacies are relatively accessible, while cafe and grocery densities are lower within the immediate neighborhood. For investors, this combination supports family retention and day-to-day livability, with some convenience trade-offs that can be mitigated by broader metro access.
Vintage positioning is slightly older than the local average (1995 vs. an area average near the late 1990s). This can create value-add potential through targeted interior upgrades and systems modernization, enhancing competitive standing against newer product while planning for prudent capital reserves.
Within a 3-mile radius, WDSuite s data shows a large pool of renters (renter-occupied share near six in ten units) and a pronounced 18 34 population share. While total population was roughly flat to modestly lower in recent years, households are projected to expand by the next five years, supporting a larger tenant base and sustained demand for rental units. Elevated home values locally, alongside a balanced rent-to-income profile, help sustain leasing depth and reduce the risk of rapid move-outs to ownership.
Neighborhood safety indicators are broadly in line with regional and national patterns, with crime ranking 36 out of 211 Durham Chapel Hill neighborhoods, translating to performance around the metro s better half. Nationally, both violent and property offense measures sit near the middle of the pack, suggesting neither an outlier risk nor a standout advantage.
Recent trend data points to improvement: violent offense rates declined meaningfully year over year (ranked 31 of 211 within the metro), placing the neighborhood competitively among Durham Chapel Hill peers on recent momentum. Investors should continue to monitor trends at the neighborhood level rather than block-by-block, using multi-year views to inform underwriting assumptions.
Proximity to major life sciences and technology employers underpins commuter convenience and supports renter retention, including Cisco Systems, Biogen Idec, Quintiles Transnational Holdings, AmerisourceBergen, and John Deere.
- Cisco Systems technology (10.3 miles)
- Biogen Idec biotechnology (11.1 miles)
- Quintiles Transnational Holdings contract research (12.5 miles) HQ
- Amerisource Bergen healthcare distribution (13.6 miles)
- John Deere Morrisville Training Center industrial training (13.6 miles)
The property built in 1995 benefits from a suburban neighborhood ranked in the metro s top quartile, with occupancy above the Durham Chapel Hill median and a robust nearby renter pool. Elevated home values in the neighborhood context reinforce reliance on multifamily housing, supporting pricing power and lease retention, while a strong school profile and park access bolster livability. Based on CRE market data from WDSuite, these factors align with steady leasing performance and the potential to capture rent premiums through targeted renovations.
Forward-looking demographics within a 3-mile radius point to household growth and income gains, expanding the tenant base even as the immediate neighborhood maintains balanced renter concentration. With vintage slightly older than local averages, a focused value-add program (interiors and select building systems) can sharpen competitiveness versus newer stock, while underwriting should account for moderate convenience gaps in cafe and grocery access.
- Metro top-quartile neighborhood with above-median occupancy supports durable leasing
- High-cost ownership setting reinforces multifamily demand and retention potential
- 1995 vintage offers actionable value-add through unit refresh and systems planning
- 3-mile household growth and income gains expand the renter pool
- Risks: lighter nearby cafe/grocery density and normalization of safety trends warrant monitoring