| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 62nd | Good |
| Amenities | 34th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3900 Arbor Trace Dr, Lynn Haven, FL, 32444, US |
| Region / Metro | Lynn Haven |
| Year of Construction | 2007 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3900 Arbor Trace Dr, Lynn Haven FL — Multifamily Investment
Neighborhood occupancy remains tight with stable renter demand, according to WDSuite’s CRE market data, positioning this 24‑unit 2007 asset for durable performance relative to the broader Panama City metro.
Located in Lynn Haven’s inner-suburb setting of the Panama City, FL metro, the neighborhood shows resilient fundamentals that matter for multifamily. Neighborhood occupancy is about 95% and has improved over the last five years, placing the area in the top quartile nationally and competitive among Panama City neighborhoods; this refers to the neighborhood’s overall occupancy, not the property’s operations.
Renter-occupied housing represents a meaningful share of the local stock (neighborhood tenure data), supporting a consistent tenant base for mid-sized communities. Within a 3‑mile radius, household incomes have risen materially over the last cycle while rents remain manageable for many households, which can aid lease retention and reduce turnover risk. Elevated home values relative to incomes in the neighborhood context tend to reinforce reliance on rental housing, supporting occupancy stability and pricing discipline for well-managed assets.
Amenities are moderate: grocery and parks access are around mid-to-upper national percentiles, while cafes and restaurants are limited and pharmacies are sparse. Childcare coverage rates above many peer areas offer a practical advantage for working households. These patterns suggest a livability profile that appeals to renters prioritizing suburban convenience over dense retail clusters, a useful consideration for underwriting and positioning in this submarket informed by commercial real estate analysis.
Demographics within 3 miles point to shifting household composition: recent population has edged down, but incomes are trending higher and household sizes are gradually contracting. Forward-looking projections in WDSuite indicate more households even as average household size declines, which can translate into a broader renter pool and support occupancy stability for appropriately sized units. Investors should align unit mix and amenities to meet demand from smaller households while monitoring rent-to-income dynamics.
Neighborhood safety indicators are mixed when compared with both the Panama City metro and national benchmarks. The area tracks below national averages on several safety percentiles, suggesting investors should underwrite prudent security measures and consider insurance and operating protocols accordingly.
Metro-relative positioning is below the median among 54 local neighborhoods, and year-over-year trends show recent increases in estimated offense rates. These figures describe the broader neighborhood, not conditions specific to the property. For investors, the takeaway is to plan for standard risk controls (lighting, access management) and to monitor trend direction as part of ongoing asset management.
Nearby anchor employers with verified distance data are not available in WDSuite for this location at this time. Investors can consider general workforce dynamics in the Panama City metro and commute patterns when assessing tenant demand.
Built in 2007, the property is newer than the neighborhood’s average vintage, offering competitive positioning versus older stock while leaving room for targeted modernization to drive rent premiums. Neighborhood occupancy is strong and improving, and rent levels remain manageable relative to incomes, which supports leasing durability and reduces retention risk. According to CRE market data from WDSuite, elevated ownership costs in the neighborhood context tend to sustain rental demand, while 3‑mile demographic trends point to smaller households and a potentially expanding renter pool over time.
Key considerations include measured amenity access and safety indicators that trail national benchmarks, both of which should be reflected in operating plans and community enhancements. Overall, the combination of a 2007 vintage, stable neighborhood occupancy, and a rent-to-income profile that supports renewals presents a pragmatic value proposition for investors focused on steady cash flow and selective value-add.
- 2007 construction offers competitive appeal versus older neighborhood stock with potential for focused upgrades
- Neighborhood occupancy sits in the top quartile nationally, supporting cash flow stability
- Rent levels remain manageable against local incomes, aiding renewals and pricing discipline
- 3‑mile trends toward smaller households suggest a broader renter pool for right-sized units
- Risks: below-average safety percentiles and modest amenity density warrant proactive management and underwriting