| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Fair |
| Demographics | 48th | Good |
| Amenities | 16th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 121 Pine Valley Dr, Yadkinville, NC, 27055, US |
| Region / Metro | Yadkinville |
| Year of Construction | 1982 |
| Units | 50 |
| Transaction Date | 2018-06-01 |
| Transaction Price | $2,150,000 |
| Buyer | Flamengos Investments, LLC |
| Seller | The Oaks at Pine Valley |
121 Pine Valley Dr, Yadkinville NC Multifamily Opportunity
Positioned in a rural submarket with steady renter demand and moderate neighborhood rents, this 50‑unit asset offers durable cash-flow potential according to WDSuite s CRE market data.
Yadkinville s rural setting delivers quieter operations and lower competitive pressure, but amenities are limited at the block level. Neighborhood amenity density trends below national medians, while restaurants per square mile sit around mid-pack nationally, suggesting basic dining options without the depth of an urban node. Average school ratings in the area are near the national midpoint, which may support broad workforce appeal but does not provide a premium draw for families.
Neighborhood occupancy is measured at 88.3% (neighborhood level, not the property), indicating stable but not tight conditions. Renter-occupied housing accounts for roughly 29% of units locally, pointing to a modest renter concentration and a tenant base that is more selective but can be sticky when the value proposition is clear. Median neighborhood contract rent remains comparatively low, which can aid retention but moderates near-term pricing power.
Within a 3-mile radius, recent population growth has been positive, and households have also increased, expanding the addressable renter pool and helping support occupancy stability. Forward-looking estimates point to a potential dip in population alongside growth in household counts, implying smaller household sizes and sustained demand for rental units, particularly practical, right-sized apartments. These dynamics suggest consistent leasing fundamentals for well-managed workforce product.
Home values in the surrounding neighborhood are below many national benchmarks, and the rent-to-income ratio trends near balanced levels. For investors, this combination typically supports tenant retention while requiring disciplined lease management to capture rent growth without elevating affordability pressure. Based on CRE market data from WDSuite, local NOI per unit trends below national norms, reinforcing the importance of operational efficiency and targeted value-add to protect yields.
Neighborhood-level crime metrics are not available in WDSuite for this location. Investors commonly benchmark against county and Winston-Salem metro trends and rely on property-level measures (access control, lighting, and resident screening) to manage risk. As with any submarket assessment, review multi-year trend data and compare to peer neighborhoods before underwriting.
Proximity to the Winston-Salem corporate base supports commuter renters and leasing stability, with access to established employers in apparel, financial services, and consumer products featured below.
- Hanesbrands — apparel (22.9 miles) — HQ
- BB&T Corp. — financial services (23.4 miles) — HQ
- Reynolds American — consumer products (23.4 miles) — HQ
- Lowe's — home improvement (41.0 miles) — HQ
This 50-unit asset operates in a rural neighborhood with moderate rents and a balanced rent-to-income profile, supporting retention while limiting aggressive rent push. Within a 3-mile radius, recent population and household growth have expanded the tenant base; forward estimates suggest fewer residents but more households, implying smaller household sizes and continued depth for rental demand. Neighborhood NOI per unit sits below national norms, signaling room for operational upgrades or selective value-add to strengthen returns.
According to CRE market data from WDSuite, neighborhood occupancy is steady and renter concentration is modest, pointing to durable but competitive leasing where product quality and management execution matter. The broader Winston-Salem employment base provides commuter access to multiple headquarters, which can underpin tenant stability for well-maintained workforce housing.
- Stable neighborhood occupancy and moderate rents support consistent leasing.
- 3-mile household growth and right-sizing support a resilient renter pool.
- Access to Winston-Salem HQ employers reinforces tenant retention potential.
- Operational efficiency and targeted upgrades can address below-national NOI per unit.
- Risks: limited local amenities and mid-market school ratings may cap rent premiums.