| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 36th | Poor |
| Demographics | 32nd | Poor |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 Shady Oak Villa Cir, Brooksville, FL, 34601, US |
| Region / Metro | Brooksville |
| Year of Construction | 1994 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Shady Oak Villa Cir Brooksville Multifamily Investment
Renter-occupied share near half of neighborhood units points to a durable tenant base, according to WDSuite’s CRE market data. The property’s 1994 vintage is newer than nearby stock, supporting competitive positioning with prudent capital planning.
Located in Brooksville within the Tampa–St. Petersburg–Clearwater region, the neighborhood shows mixed fundamentals for multifamily investors. Amenity access is serviceable for daily needs with grocery, restaurants, and pharmacies comparing favorably to many areas nationally, while park access is limited. The average school rating in the area is low, which can temper family-driven leasing but does not preclude workforce demand.
The property’s 1994 construction is newer than the neighborhood’s average vintage from 1970. For investors, that typically means relatively fewer near-term system replacements compared with older competitors, while still leaving room for value-add through interior updates and common-area improvements.
Tenure data indicates a meaningful renter concentration at the neighborhood level (share of housing units that are renter-occupied), which supports depth of the tenant base and can aid leasing stability. Neighborhood occupancy has trended softer in recent years compared with metro peers, so execution may rely on thoughtful unit finishes and operations to capture demand.
Within a 3-mile radius, population and household counts have been growing, and projections point to further increases in households alongside modestly smaller household sizes. For multifamily, this combination expands the prospective renter pool and can support occupancy and renewal rates, particularly for well-maintained, appropriately priced units.
Home values in the area are comparatively accessible in a regional context. That can introduce some competition from ownership options, but it also supports renter retention when paired with moderate rent-to-income levels and functional unit layouts, helping maintain pricing discipline without overextending affordability.
Safety indicators present a nuanced picture. Within the Tampa metro, the neighborhood ranks 46 out of 710 for crime, and because lower ranks indicate more reported incidents, investors should underwrite with conservative assumptions for on-site security and lighting. At the national level, however, the area trends better than average overall, landing in roughly the 66th percentile for safety compared with neighborhoods nationwide.
Property-related offenses are comparatively low in national terms (around the 98th percentile for safety), which can support asset protection and resident comfort. Violent-offense levels benchmark better than the national midpoint (about the 71st percentile for safety), though recent year-over-year trends have been volatile. Sensible measures—access control, visibility, and community engagement—can help sustain stability over a hold period.
The broader commute-shed taps major Tampa corporate employers that help anchor regional job demand, supporting leasing for workforce-oriented apartments. Notable names include MetLife, Raymond James, Waste Management, Wellcare Health Plans, and Publix Super Markets.
- MetLife Insurance Company — insurance (28.5 miles)
- Raymond James — financial services (31.8 miles)
- Waste Management — environmental services (36.0 miles)
- Wellcare — healthcare services (36.4 miles)
- Wellcare Health Plans — healthcare services (36.5 miles) — HQ
- Publix Super Markets — grocery retail (43.7 miles) — HQ
1 Shady Oak Villa Cir is a 36-unit, 1994-vintage asset in Brooksville, offering relatively newer construction versus much of the surrounding stock. That positioning can reduce near-term capex risk while leaving room for targeted renovations to drive rentability. Neighborhood tenure patterns show a sizable share of renter-occupied units, and 3-mile demographics indicate population and household growth, supporting a broader tenant base and potential occupancy stability over time.
Neighborhood occupancy has been softer than the metro median recently, so performance will likely hinge on operational execution and competitive pricing. Homeownership remains comparatively accessible locally, which can create some competition with entry-level ownership; however, moderate rent-to-income dynamics and workforce demand can sustain leasing, according to commercial real estate analysis from WDSuite.
- 1994 construction offers competitive positioning versus older neighborhood stock with potential value-add upside.
- Renter concentration at the neighborhood level and 3-mile household growth expand the prospective tenant base.
- Amenity access for daily needs supports leasing practicality despite limited park access and lower school ratings.
- Risk: neighborhood occupancy trends are softer; underwriting should emphasize operations, finish quality, and pricing discipline.
- Ownership remains relatively accessible, suggesting competition with for-sale options—position units on functionality and value.