550 S Lopez St Clewiston Multifamily Investment Opportunity

The property sits in a suburban pocket of Clewiston, Florida rated "A" within the local framework, with neighborhood occupancy around 95.5% and momentum over the past five years. At the metro level, this performance is competitive among Clewiston a0FL neighborhoods and supports underwriting for stable collections and lower turnover risk.

Everyday amenities are present rather than dense: grocery and pharmacy access test slightly above national medians, while restaurant and cafe density trends near the middle of national comparisons. Parks are limited in the immediate neighborhood, so on-site common areas can matter for tenant retention. Average school ratings track around the national midpoint; for family renters, this suggests expectations should center on reliability rather than standout performance.

Renter-occupied housing share in the neighborhood is modest, which can temper near-term absorption but also reduces direct competition from a heavy multifamily cluster; within a 3-mile radius, the renter share is closer to two-fifths of units, supporting a meaningful tenant base. Demographically within that 3-mile radius, households have grown over the last five years while average household size has edged down, a pattern that expands the addressable renter pool and supports occupancy stability. Forward-looking projections in WDSuite point to additional population and household growth by 2028, which would enlarge the tenant base and aid lease-up resiliency.

Ownership costs remain relatively accessible by national standards at the neighborhood level, yet the value-to-income profile indicates a higher ownership burden relative to incomes compared with many U.S. areas. This mix tends to sustain renter reliance on multifamily housing while keeping rent-to-income ratios moderate, which can support retention even as operators pursue disciplined rent growth.