| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 48th | Good |
| Demographics | 52nd | Good |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1728 Abberton Way, High Point, NC, 27260, US |
| Region / Metro | High Point |
| Year of Construction | 2001 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1728 Abberton Way, High Point Multifamily Investment
Neighborhood occupancy is solid and competitive, supporting stable rent rolls according to WDSuite’s CRE market data. For investors, the area’s fundamentals suggest resilient renter demand with room to optimize operations.
Situated in High Point within the Greensboro-High Point metro, the neighborhood rates highly for overall quality (A) and ranks 28 out of 245 metro neighborhoods, placing it in the top quartile locally. For income-oriented investors, neighborhood occupancy stands strong and above many peers, with performance in the upper tiers both in the metro and nationally.
Daily needs are convenient for residents, with amenity access ranking among stronger local performers (amenity rank 15 of 245), and supportive categories like parks, pharmacies, and cafés tracking above national midpoints. These location fundamentals can aid leasing velocity and renewal rates, particularly for well-managed, mid-size assets like this 22-unit property.
Tenure dynamics point to a meaningful renter base within a 3-mile radius, where 42.4% of housing units are renter-occupied. This renter concentration supports depth of demand for multifamily units and can provide a wider applicant pool, while ownership options remain accessible in the broader area—factors that collectively shape pricing power and retention strategy.
Rents and occupancy at the neighborhood level compare favorably: occupancy trends sit in the top quartile among 245 metro neighborhoods and around the upper-third nationally, which can help underpin collections consistency. Over the next few years, demographics within a 3-mile radius are projected to shift toward more households, indicating a larger tenant base and potential support for sustained occupancy even as household sizes trend modestly lower.
Safety indicators are mixed. The neighborhood’s overall crime rank is 120 out of 245 within the Greensboro-High Point metro, placing it around the metro midpoint. Compared with neighborhoods nationwide, safety levels sit below the national median; however, recent year-over-year data shows improvement in violent offenses, which aligns with ongoing stabilization efforts seen in parts of the metro.
Investors should evaluate property-level controls and operating practices (lighting, access management, and resident screening) as part of underwriting, while noting that the latest trend data indicates declining violent offense rates year over year, which is a constructive directional signal rather than a guarantee.
Proximity to several headquarters-scale employers supports workforce housing demand and commute convenience for residents. Notable nearby employers include VF, BB&T Corp., Reynolds American, Hanesbrands, and Laboratory Corp. of America.
- VF — apparel (13.6 miles) — HQ
- BB&T Corp. — banking (19.1 miles) — HQ
- Reynolds American — tobacco (19.1 miles) — HQ
- Hanesbrands — apparel (23.6 miles) — HQ
- Laboratory Corp. of America — diagnostics (29.8 miles) — HQ
1728 Abberton Way is a 22-unit asset in a top-quartile neighborhood for the Greensboro-High Point metro, with occupancy trends that compare favorably both locally and nationally. Within a 3-mile radius, the renter-occupied share of housing units (42.4%) indicates a sizable tenant base, while neighborhood rent-to-income ratios remain manageable—factors that can support leasing stability and balanced renewal strategies. According to CRE market data from WDSuite, the area shows strong amenity access and above-median household incomes, reinforcing day-to-day livability that benefits resident retention.
Built in 2001, the property is newer than the neighborhood’s average vintage, which can enhance competitive positioning against 1980s-era stock while still warranting targeted system upgrades and modernization for long-term durability. Demographically, 3-mile households are projected to expand meaningfully over the next five years, pointing to a larger renter pool and potential support for occupancy continuity. Key risks include safety metrics that trail national norms and near-term variability in local growth, both of which merit conservative underwriting and attention to on-site operations.
- Top-quartile neighborhood performance in the Greensboro-High Point metro with competitive occupancy
- Meaningful renter base within 3 miles supports tenant demand and leasing depth
- 2001 vintage offers relative competitiveness vs. older stock with selective upgrade potential
- Amenity access and household income trends bolster livability and retention potential
- Risks: safety below national benchmarks and near-term growth variability warrant prudent operations