Location recommendations in NC Triad

[Alexandra Hughes Pailet]

Hello! 

I'm looking for recommendations for up-and-coming neighborhoods in the Triad area. I'm interested in single-family homes and small multifamilies. I'm ideally looking at Winston Salem, but would like some guidance on specific neighborhoods you'd recommend. 

I am an out-of-state investor, however, I am originally from NC, though only vaguely familiar with the Triad area. Any recommendations you can give are greatly appreciated! 

[Evan Kline]

Hey @Alexandra Hughes Pailet

The neighborhood in Winston that is the most up and coming is West Salem (27101 just south of downtown)

A lot of new development activity in the form of restaurants, a new brewery, a food hall (allegedly anyway) plus some legacy mainstays like Old Salem, Carolina University and UNC School of the Arts, and the baseball stadium. 

And it’s walking distance of downtown. 

We own a duplex there that’s doing great.

If you want to chat more about the area happy to connect. Just shoot me a DM

[Alexandra Hughes Pailet]

Quote from @Evan Kline:

Hey @Alexandra Hughes Pailet

The neighborhood in Winston that is the most up and coming is West Salem (27101 just south of downtown)

A lot of new development activity in the form of restaurants, a new brewery, a food hall (allegedly anyway) plus some legacy mainstays like Old Salem, Carolina University and UNC School of the Arts, and the baseball stadium. 

And it’s walking distance of downtown. 

We own a duplex there that’s doing great.

If you want to chat more about the area happy to connect. Just shoot me a DM

 Thanks so much, Evan! I appreciate the insight and will keep that all in mind :) 

[Conor Sherman]

Thank you this is very helpful. I am just getting start.

[Taylor Robinson]

The triad as a whole is getting hot, Winston Salem is seeing a boom in growth from Wake forest University and Atrium health. Greensboro is emerging as a thriving market as banking and manufacturers are starting to move hubs in. Also, High point has the continued growth from the furniture market and the amazing relationships Quebin is building at High point University. 

For the best cash flow i would look into high point,

For the best appreciation and STR/MTR i would look around greensboro (Old irving park).

Winston Salem for a combination of both.