| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Poor |
| Demographics | 31st | Poor |
| Amenities | 72nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2750 David Walker Dr, Eustis, FL, 32726, US |
| Region / Metro | Eustis |
| Year of Construction | 2006 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2750 David Walker Dr Eustis Multifamily Investment
Renter demand is supported by a high renter-occupied share at the neighborhood level and steady occupancy, according to WDSuite’s CRE market data. The property’s 2006 vintage offers relatively newer stock for the submarket while investors can plan for targeted modernization as systems age.
Located in Eustis within the Orlando-Kissimmee-Sanford metro, the neighborhood is rated B and ranks 201 out of 465 metro neighborhoods, placing it above the metro median. Occupancy for the neighborhood is around 91% with improvement over the past five years, and renter-occupied housing accounts for roughly 59% of units—together indicating a deep tenant base and support for leasing stability.
Everyday amenities are a relative strength. The area ranks 57 of 465 in overall amenities—top quartile among metro neighborhoods—with especially strong access to grocery stores, restaurants, and pharmacies. Parks access is also competitive, while café density is limited. For investors, this mix points to convenience-driven livability that can aid retention even if lifestyle offerings skew practical rather than boutique.
Demographic statistics aggregated within a 3-mile radius show population and household growth over the last five years, with additional gains forecast. Household size is edging lower, which can translate to a larger number of households relative to population and steady demand for smaller footprints. With the property’s average unit size near 600 sq. ft., product configuration aligns with demand for efficient units.
Home values in the neighborhood are elevated relative to local incomes (value-to-income ratio in a high national percentile), which tends to reinforce reliance on rental housing and can support lease retention and pricing discipline. At the same time, neighborhood-level incomes are lower compared with national norms; investors should calibrate rent setting and renewal strategies to maintain affordability positioning and minimize turnover—an approach supported by balanced commercial real estate analysis.
Comparable crime metrics for this neighborhood are not available in WDSuite’s dataset, so investors should benchmark conditions using city, county, and property-level sources to assess trend direction and management practices. Framing safety at the neighborhood scale—rather than the block—helps keep the focus on leasing risk, retention, and operating protocols.
Proximity to regional employers supports a commuter tenant base and can aid retention through predictable commute times. Notable nearby employers include environmental services, cybersecurity, insurance, logistics, and a major restaurant headquarters.
- Waste Management — environmental services (11.9 miles)
- Symantec — cybersecurity/software (21.2 miles)
- Prudential — insurance/financial services (28.4 miles)
- Ryder — logistics & transportation (30.9 miles)
- Darden Restaurants — corporate HQ & restaurant operations (32.8 miles) — HQ
Built in 2006, this 96-unit asset is newer than the neighborhood’s average vintage, offering competitive positioning versus older stock while leaving room for targeted value-add and system updates. Neighborhood occupancy has trended upward and renter-occupied housing is the majority, indicating a durable tenant base. Within a 3-mile radius, population and households have increased and are projected to grow further, pointing to ongoing renter pool expansion that can support occupancy stability.
Amenity access is a local strength (grocers, restaurants, and pharmacies rank well in the metro), which can bolster day-to-day livability and lease retention. Home values relative to incomes are high at the neighborhood level, which typically sustains reliance on rental housing. According to CRE market data from WDSuite, these fundamentals align with steady demand drivers, though investors should calibrate pricing to neighborhood income levels and plan for typical mid-life capital projects.
- 2006 vintage offers competitive positioning vs. older stock, with scope for targeted modernization
- Neighborhood occupancy stability and majority renter-occupied units support leasing durability
- 3-mile growth in population and households indicates a larger tenant base over time
- Strong everyday amenities (grocers, restaurants, pharmacies) aid retention and livability
- Risk: Lower neighborhood incomes require careful rent setting and renewal strategies