| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Good |
| Demographics | 34th | Poor |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1000 Canberra Cir, Avon Park, FL, 33825, US |
| Region / Metro | Avon Park |
| Year of Construction | 2009 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1000 Canberra Cir, Avon Park Multifamily Opportunity
2009-vintage asset in an inner-suburb pocket with everyday amenities nearby and a renter base supported by neighborhood fundamentals, according to WDSuite s CRE market data. Neighborhood occupancy reflects local conditions rather than this property and points to attentive leasing and retention strategies.
Avon Park s inner-suburb setting offers daily convenience: grocery access ranks near the top of the Sebring Avon Park metro (ranked 2 out of 39 neighborhoods), with restaurants and pharmacies also competitive among metro peers. Parks and childcare availability score above metro medians, supporting resident livability and routine needs.
Neighborhood renter concentration is measured as the share of housing units that are renter-occupied; at 39.4%, the area provides a meaningful tenant base for multifamily demand. The neighborhood s occupancy is 83.6% (a neighborhood metric, not property-level), suggesting investors should emphasize leasing execution and resident retention to sustain stability.
The typical construction year in the neighborhood is 1977, while this property was built in 2009. The newer vintage can offer competitive positioning versus older local stock, though investors should still underwrite ongoing system updates and potential modernization to meet current renter expectations.
Within a 3-mile radius, households have increased even as average household size has trended lower, resulting in more households despite flat-to-soft population patterns. This shift can expand the renter pool and support occupancy stability over time. Median home values in the neighborhood are relatively accessible in a national context, which can introduce some competition from ownership; however, rent-to-income levels indicate room for thoughtful pricing strategies and lease management.
Overall, the neighborhood ranks 4 out of 39 metro neighborhoods (A rating), making it competitive among Sebring Avon Park subareas for basic amenities and daily needs, based on CRE market data from WDSuite.
Safety indicators for the neighborhood trend weaker than many Sebring Avon Park peers, with ranks near the bottom of 39 metro neighborhoods. Compared with neighborhoods nationwide, property offense levels are below the national median (around the lower quintiles), while violent offense sits closer to the middle of the national distribution.
Recent movement is mixed: estimated property offenses have edged down year over year, while violent offenses show a recent uptick. For investors, this supports prudent operational measures such as lighting, access control, and resident engagement to aid retention and support leasing performance. All figures reflect neighborhood-level conditions rather than the property itself, according to WDSuite s CRE data.
Regional corporate offices within commuting range help diversify employment and can support renter retention for workforce-oriented units. Notable employers include Mosaic, Publix Super Markets, and Airgas Specialty Products.
- Mosaic corporate offices (36.0 miles)
- Publix Super Markets corporate offices (42.4 miles) HQ
- Airgas Specialty Products corporate offices (44.2 miles)
Built in 2009, this 52-unit property offers a newer vintage than the neighborhood s typical 1970s-era stock, which can translate into relative competitiveness and moderated near-term capital needs. Daily convenience is a local strength grocery, dining, pharmacies, parks, and childcare score above metro medians which supports resident satisfaction and lease retention. Neighborhood occupancy is measured at the neighborhood level (not the property) and sits below full stabilization, underscoring the importance of active leasing and renewal management. According to CRE market data from WDSuite, renter concentration is meaningful and household counts within 3 miles have risen alongside smaller household sizes, trends that can enlarge the local renter base.
Ownership costs in this submarket are relatively accessible in a national context, which can create competition with for-sale options; however, rent-to-income dynamics suggest room for disciplined pricing and targeted value-add that enhances durability of demand. Investors should underwrite standard modernization and operational best practices to balance leasing velocity with retention in a neighborhood that is competitive locally but requires attention to safety and income sensitivity.
- 2009 vintage versus older local stock supports competitive positioning with manageable capital planning.
- Amenity access (grocery, dining, pharmacies, parks, childcare) ranks above metro medians, aiding resident retention.
- Within 3 miles, rising household counts and smaller household sizes point to a broader renter pool.
- Pricing strategy supported by rent-to-income context; pair with targeted value-add to sustain demand.
- Risks: neighborhood-level safety ranks weaker in the metro and occupancy is below full stabilization plan for security, marketing, and renewal focus.