| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 21st | Poor |
| Demographics | 33rd | Poor |
| Amenities | 17th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1025 S Castle Hill Dr, Avon Park, FL, 33825, US |
| Region / Metro | Avon Park |
| Year of Construction | 1994 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1025 S Castle Hill Dr, Avon Park Multifamily Investment
1994-vintage, 36-unit property positioned for durable workforce demand in rural Highlands County; according to WDSuite’s CRE market data, neighborhood fundamentals point to steady renter needs with selective value-add potential.
Avon Park is a rural submarket in Highlands County where neighborhood-level amenities are limited but daily needs are accessible. Grocery access ranks competitive among Sebring–Avon Park neighborhoods (8th of 39), while cafes, parks, and pharmacies are sparse, reinforcing a car-oriented lifestyle for residents. For investors, limited amenity density suggests leasing strategies that emphasize on-site convenience and resident services rather than walkability.
The property’s 1994 construction is newer than the neighborhood’s average 1983 vintage, which can support relative competitiveness versus older stock. Investors should still plan for system modernization and light common-area upgrades to sharpen positioning against nearby legacy assets.
Within a 3-mile radius, household counts have risen even as population edged down, indicating smaller household sizes and a broader base of occupied homes. The renter-occupied share is roughly one-third of units, creating a meaningful tenant pool for multifamily while still coexisting with a large owner segment. Median contract rents have trended up over the last five years, and forward-looking estimates point to continued rent growth, supporting pricing power when paired with prudent lease management.
Neighborhood occupancy rates are softer than national norms, so retention and renewal programs matter. At the same time, a rent-to-income profile near the middle of U.S. neighborhoods indicates manageable affordability pressure, which can aid lease stability. Based on commercial real estate analysis from WDSuite, the combination of accessible rents and an expanding household base supports steady demand for well-maintained units.
Safety indicators are mixed but improving. The neighborhood’s crime rank sits near the metro middle (19th of 39 Sebring–Avon Park neighborhoods), while the violent offense rate is comparatively favorable in national context (around the 82nd percentile, which is top quartile nationally). Property offense levels track closer to national mid-range.
Recent trends show momentum: estimated violent offenses declined sharply year over year (among the strongest improvements nationally), and property offenses also moved lower. For investors, these directional trends can support resident retention and leasing narratives, while continued monitoring at the neighborhood level remains prudent.
Regional employers within commuting range provide a stable employment base that supports workforce housing demand, including Mosaic, Publix Super Markets, and Airgas Specialty Products.
- Mosaic — industrial/mining (35.5 miles)
- Publix Super Markets — retail headquarters operations (41.9 miles) — HQ
- Airgas Specialty Products — industrial gases (43.7 miles)
This 36-unit, 1994-vintage asset offers relative differentiation versus older neighborhood stock while serving a workforce renter base that is supported by rising household counts within a 3-mile radius. According to CRE market data from WDSuite, neighborhood occupancy sits below national norms, but rent levels remain accessible, which can aid renewals when paired with attentive operations.
Newer construction than the local average reduces immediate vintage-related obsolescence and provides a practical platform for targeted value-add (interiors, systems, and amenities). The broader ownership landscape features more accessible home values in this market, which may create competition for some tenants; disciplined pricing and service can offset this and sustain demand.
- 1994 vintage offers competitive positioning versus older neighborhood stock with room for strategic upgrades
- Workforce renter base supported by rising household counts in a 3-mile radius, aiding leasing depth
- Accessible rent levels support retention and measured rent growth with strong lease management
- Proximity to regional employers sustains commute-driven demand
- Risks: softer neighborhood occupancy and ownership competition require disciplined pricing and resident services