| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 44th | Fair |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 12th St, Clermont, FL, 34711, US |
| Region / Metro | Clermont |
| Year of Construction | 1982 |
| Units | 38 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 12th St Clermont FL Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by an owner-leaning housing mix, according to WDSuite’s CRE market data. For investors, the area’s stability and household income profile point to steady leasing fundamentals rather than rapid swings.
Located in suburban Clermont within the Orlando–Kissimmee–Sanford metro, the property benefits from neighborhood occupancy around 95% (measured for the neighborhood, not the property), placing it in the top quartile among 465 metro neighborhoods. This level of stability typically supports steady renewal activity and reduces downtime risk.
Amenity density is modest: grocery and pharmacy access track around the metro median, while restaurants, parks, and cafes are relatively limited. School ratings in the neighborhood trend below national averages, which may matter for family-oriented renters, but the broader suburban setting still appeals to households prioritizing space and commute balance.
Tenure patterns show a low neighborhood renter concentration, while demographics aggregated within a 3-mile radius indicate roughly one-third of housing units are renter-occupied. That mix suggests a defined tenant base with some depth for workforce-oriented product, though leasing strategies should recognize competition from ownership options.
Within a 3-mile radius, population and households have grown and are projected to continue expanding, with households rising faster than population—pointing to smaller household sizes and a gradually expanding renter pool. Median home values rank in a high national percentile, indicating a higher-cost ownership landscape that can sustain reliance on rentals and support lease retention. By contrast, neighborhood NOI-per-unit benchmarks sit low nationally, which sets a conservative baseline for yield expectations and emphasizes the importance of disciplined expense management.
Comparable safety metrics for this neighborhood are not available in the dataset. Investors typically benchmark property-level experience and third-party crime databases against metro norms to understand relative positioning and trend direction at the neighborhood level.
As always, pair underwriting with on-the-ground diligence—tour at multiple times of day, consult recent incident trends, and review historical patterns for the broader Clermont area to contextualize operations.
Regional employment centers within roughly 20–30 miles offer a diversified base—including waste services, financial services, logistics, restaurant corporate operations, and industrial gases—which supports commuter convenience and helps underpin renter retention.
- Waste Management — waste services (20.4 miles)
- Prudential — financial services (21.2 miles)
- Ryder — logistics and transportation (23.4 miles)
- Darden Restaurants — restaurant group corporate (23.6 miles) — HQ
- Airgas Specialty Products — industrial gases (26.4 miles)
Built in 1982, the asset is slightly older than the neighborhood’s average vintage, pointing to potential value-add through targeted renovations and prudent capital planning. The neighborhood records top-quartile occupancy among 465 metro neighborhoods, a favorable backdrop for maintaining leased-up operations. Within a 3-mile radius, population and households are projected to grow, indicating a larger tenant base over time; meanwhile, a higher-cost ownership context supports renter reliance on multifamily housing and can aid retention.
At the same time, the area’s owner-leaning tenure and lower amenity density call for careful positioning and asset differentiation. According to CRE market data from WDSuite, neighborhood NOI benchmarks are low nationally, underscoring the need for disciplined expense control and thoughtful renovations to capture yield improvements without overextending rent levels.
- Neighborhood occupancy sits in the metro’s top quartile, supporting leasing stability.
- 1982 vintage offers value-add potential via selective unit and system upgrades.
- 3-mile growth in population and households expands the prospective renter pool.
- Higher-cost ownership landscape can bolster renter retention and occupancy.
- Risks: owner-leaning tenure, modest amenity density, and low neighborhood NOI benchmarks require careful expense and rent management.