| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 36th | Poor |
| Demographics | 27th | Poor |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 303 Urick St, Fruitland Park, FL, 34731, US |
| Region / Metro | Fruitland Park |
| Year of Construction | 1994 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
303 Urick St, Fruitland Park Multifamily Investment
Positioned in an inner-suburb pocket with steady renter activity, the asset benefits from neighborhood occupancy that sits around the metro middle, according to CRE market data from WDSuite. The area s service and retail amenities support daily convenience and leasing consistency.
This Inner Suburb location in Fruitland Park offers everyday convenience restaurants and groceries score in the upper half nationally while parks and pharmacies are similarly accessible. Childcare options are thinner locally, which may matter for family-oriented leasing strategies.
Neighborhood occupancy trends are below the Orlando Kissimmee Sanford metro median (ranked 254 among 465 metro neighborhoods), suggesting prudent lease management and marketing are important to sustain performance. By contrast, the share of housing units that are renter-occupied ranks 91 of 465 competitive among metro neighborhoods and indicative of a deeper tenant pool near the property. Rents in the neighborhood are modest relative to income levels, which can support retention but limits near-term pricing power.
Within a 3-mile radius, population and household counts expanded over the past five years and are projected to rise further through 2028, pointing to a larger tenant base and support for occupancy stability. Average household size is edging lower, which can favor smaller-format units when matching product to demand.
Schools rate below national medians, which may reduce appeal for households prioritizing education; positioning toward workforce renters and convenience-oriented amenities can mitigate this. Median home values in the neighborhood are low in national context, implying a more accessible ownership market that can compete with rentals; operators who emphasize condition, convenience, and professional management can sustain leasing momentum.
The property s 1994 vintage is newer than the neighborhood s average construction year (1981), offering relative competitiveness versus older local stock while still warranting targeted system updates or light renovations to maintain edge.
Safety indicators trend below national medians and below the Orlando metro average (crime rank 331 among 465 metro neighborhoods). National percentiles point to higher property-crime exposure and a violent-crime profile that is also below the national median. Recent readings show property crime moving higher year over year, underscoring the importance of standard security measures and resident engagement.
Investors should evaluate recent, neighborhood-level trends rather than block-level assumptions and align operating practices (lighting, access control, community standards) to support resident satisfaction and lease retention.
Nearby employment is anchored by waste services, logistics, technology, financial services, and restaurant corporate operations, supporting workforce housing demand and commute convenience for renters.
- Waste Management waste services (1.0 miles)
- Symantec technology offices (33.8 miles)
- Prudential financial services (37.8 miles)
- Ryder logistics & transportation (40.4 miles)
- Darden Restaurants restaurant corporate (41.7 miles) HQ
303 Urick St combines a renter-competitive micro-location with practical operating fundamentals. Neighborhood occupancy is mid-pack for the Orlando metro, while the share of renter-occupied housing is competitive among peers a helpful setup for maintaining a stable tenant base. According to CRE market data from WDSuite, amenity density for daily needs is favorable, which can aid retention even as pricing power remains measured.
The 1994 vintage provides a relative edge over older local stock (average 1981), supporting leasing versus legacy properties; targeted system upgrades and cosmetic refreshes can enhance positioning. Within a 3-mile radius, population and household growth alongside a modest rent-to-income profile suggest demand depth for smaller units, while investors should plan for marketing and resident-experience initiatives to offset below-median school ratings and a safety profile that trails metro and national medians.
- Competitive renter concentration near the asset supports a deeper tenant base
- 1994 vintage offers relative competitiveness vs. older neighborhood stock with selective value-add upside
- Amenity access for groceries, restaurants, parks, and pharmacies supports lease retention
- 3-mile population and household growth point to sustained multifamily demand for smaller units
- Risks: below-median safety and school ratings, accessible ownership options, and occupancy below the metro median