| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Poor |
| Demographics | 46th | Fair |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18400 Cochran Blvd, Port Charlotte, FL, 33948, US |
| Region / Metro | Port Charlotte |
| Year of Construction | 1998 |
| Units | 114 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18400 Cochran Blvd Port Charlotte Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand supported by strong amenity access and ongoing household growth, according to WDSuite’s CRE market data. Occupancy in the surrounding neighborhood trends above the metro median but below many U.S. neighborhoods, suggesting room to outperform with effective leasing and operations.
Port Charlotte’s suburban setting offers practical livability drivers for renters: dense food-and-beverage options, routine retail, and daily services within close reach. Restaurant and cafe density ranks competitive among Punta Gorda neighborhoods (ranks 2 and 1 out of 45, respectively) and sits in the top quartile nationally, reinforcing convenience that supports retention and lease-up.
Grocery and pharmacy access are similarly favorable (both above the metro median with ranks 6 and 5 of 45), though park access is limited locally. School ratings in the neighborhood track near mid-pack versus national peers. Overall, amenity breadth is a relative strength for day-to-day renter needs.
The neighborhood skews more owner-occupied, with renter-occupied housing around one-fifth of units. For investors, that typically indicates a shallower but stable multifamily tenant base, where demand is supported by convenience and value positioning rather than concentration alone. Neighborhood occupancy is above the metro median but trails many areas nationally, implying operational upside for well-managed assets.
Within a 3-mile radius, demographics indicate recent population and household growth with additional expansion projected, pointing to a larger tenant base over time and lending support to occupancy stability. Household incomes are rising, and rent levels remain positioned to maintain moderate affordability pressures, which can aid renewal rates and pricing discipline for professionally managed assets.
Comparable safety benchmarking is limited here because neighborhood crime data were not available in WDSuite’s current release. Investors typically compare neighborhood trends with broader Punta Gorda benchmarks and peer submarkets when data updates publish, focusing on direction over time rather than single-year readings.
As with any asset screening, incorporate property-level measures (lighting, controlled access, visibility) and monitor regional reporting to contextualize the neighborhood against metro norms.
Built in 1998, the 114-unit property is newer than the neighborhood’s average vintage, offering a competitive position versus older local stock while leaving room for targeted system updates or cosmetic upgrades. Amenity access is a standout—food, cafes, groceries, and pharmacies rank above the metro median—with limited park access the main tradeoff. According to CRE market data from WDSuite, neighborhood occupancy runs above the metro median but below many areas nationally, suggesting a pathway for operational lift through focused leasing and renewal strategy.
Within a 3-mile radius, recent and projected increases in population and households point to renter pool expansion that can support demand and retention. The area’s more owner-tilted tenure mix implies a stable, needs-based renter segment; paired with moderate rent-to-income dynamics, this can sustain leasing while leaving scope for value-add improvements to capture incremental pricing power.
- 1998 vintage offers relative competitiveness versus older neighborhood stock, with potential value-add via selective upgrades.
- Strong daily convenience: restaurants, cafes, groceries, and pharmacies rank above the metro median, supporting retention.
- 3-mile radius shows population and household growth, expanding the tenant base and supporting occupancy stability.
- Operational upside: neighborhood occupancy trails many U.S. areas, leaving room to outperform with leasing and renewals.
- Risks: owner-tilted tenure can limit depth of the renter pool; limited park access and nationally lagging occupancy warrant active asset management.