| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Best |
| Demographics | 42nd | Best |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1711 Stonewall Rd, Laurinburg, NC, 28352, US |
| Region / Metro | Laurinburg |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1711 Stonewall Rd, Laurinburg NC Multifamily Investment
Neighborhood occupancy is roughly in the low-90s and trending upward, suggesting stable leasing conditions for a 24-unit asset, according to WDSuite’s CRE market data. Positioning in a cost-accessible submarket supports retention while leaving room for disciplined rent management.
The property sits in a Rural neighborhood of Laurinburg that rates A+ and ranks first among 16 metro neighborhoods, indicating competitive local fundamentals relative to the metro. Neighborhood occupancy is about 91% and has improved over the past five years, placing the area in the top quartile locally and around the national middle of the pack for stability.
2001 construction is newer than the neighborhood’s average vintage (late 1980s), which can support competitive positioning versus older stock. Investors should still underwrite typical 20+ year system updates and common-area refreshes when planning capital projects, especially for unit modernization and curb appeal.
Livability features are mixed: restaurants per square mile are competitive among Laurinburg neighborhoods (ranked 2 of 16) and close to the national upper-half, while cafes are sparse. Parks and pharmacies score in the upper national percentiles, and grocery access sits near the national midpoint. While school ratings are not available here, the childcare presence ranks well locally (3 of 16), indicating family-serving infrastructure.
Within a 3-mile radius, the renter-occupied share is roughly one-half of housing units, signaling a deep tenant base for multifamily. Recent years show slight population contraction but a projected increase in population and households over the next five years, pointing to renter pool expansion that can support occupancy stability. Median home values are lower than many U.S. neighborhoods, which can introduce ownership competition; however, rent-to-income levels indicate comparatively light affordability pressure, a positive for retention and measured pricing power.
WDSuite’s CRE market data indicates the neighborhood benchmarks in higher national safety percentiles for both property and violent offenses, placing it in a comparatively safer tier versus many neighborhoods nationwide. That said, recent year-over-year readings show some volatility, so a prudent view is to monitor trendlines and incorporate standard operating measures such as lighting, access control, and resident engagement to support on-site risk management.
This 24-unit asset combines newer-vintage construction (2001) with a neighborhood that ranks at the top of the Laurinburg metro, supporting competitive positioning versus older local stock. Neighborhood occupancy hovers around the low-90s and has improved in recent years; according to CRE market data from WDSuite, local rents remain relatively accessible, which supports tenant retention and measured rent growth without overextending affordability.
Within a 3-mile radius, renter-occupied housing accounts for about half of units, indicating depth in the tenant base. Forward-looking projections show increases in population and households, suggesting gradual renter pool expansion that can reinforce occupancy stability. Livability factors are balanced—restaurants, parks, pharmacies, and childcare score comparatively well—while homeownership remains more accessible than in many U.S. markets, a consideration when underwriting demand and renewal strategy.
- Top-ranked neighborhood locally with occupancy trending upward, supporting leasing stability
- 2001 vintage offers competitive positioning versus older area stock with targeted value-add potential
- Renter concentration within 3 miles and projected household growth signal durable tenant demand
- Balanced amenities (restaurants, parks, pharmacies, childcare) aid retention and daily convenience
- Risks: small rural market dynamics, potential competition from ownership options, and variable safety trendlines warrant conservative underwriting