| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 44th | Fair |
| Amenities | 17th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 103 Sue Ln, Lady Lake, FL, 32159, US |
| Region / Metro | Lady Lake |
| Year of Construction | 1997 |
| Units | 30 |
| Transaction Date | 2005-10-17 |
| Transaction Price | $2,800,000 |
| Buyer | LADY LAKE INVESTORS LLC |
| Seller | HENDRY WILLIAM LAWRENCE |
103 Sue Ln Lady Lake Multifamily Investment
Positioned in an inner-suburb pocket of the Orlando metro, this 30-unit, 1997-vintage asset serves a stable renter base supported by small-household growth and an aging population, according to WDSuite’s CRE market data. Investor focus: steady demand drivers with scope to enhance retention via thoughtful affordability and amenity updates.
Lady Lake’s inner-suburb setting offers everyday convenience with moderate access to groceries and dining relative to national norms, while cafes, parks, and pharmacies are thinner locally. Compared with the Orlando-Kissimmee-Sanford metro, the neighborhood’s overall rating sits mid-pack (C+), signaling average livability with selective strengths for workforce and retiree renters.
Rents in the neighborhood benchmark above the national median (top quartile nationally), while the neighborhood occupancy rate trends below the metro median, suggesting investors should underwrite to pragmatic lease-up and renewal assumptions. The share of housing units that are renter-occupied in this neighborhood is elevated versus national norms, indicating a deeper tenant pool and support for multifamily demand; this is a neighborhood metric, not specific to the property.
Within a 3-mile radius, demographic statistics point to population growth and a notable increase in households alongside shrinking household sizes, expanding the renter pool and supporting occupancy stability for 1–2 bedroom formats. A high-cost ownership backdrop relative to local incomes reinforces reliance on rentals, which can aid pricing power, whereas elevated rent-to-income ratios warrant attentive lease management to sustain retention.
The 1997 construction year positions the property newer than the neighborhood’s average vintage (late 1980s), improving competitive posture against older stock while still leaving room for targeted system upgrades or light value-add. For investors conducting commercial real estate analysis, NOI performance at the neighborhood level ranks among the strongest nationally, according to CRE market data from WDSuite, underscoring revenue potential while reminding that these metrics reflect the neighborhood, not the asset itself.
Neighborhood-level safety indicators are a relative strength. The area ranks 3rd out of 465 Orlando metro neighborhoods on crime, placing it among the safest pockets locally, and safety metrics sit in the top decile nationally. Recent year-over-year trends indicate declines in both violent and property offenses at the neighborhood level. These figures are neighborhood aggregates and should be considered directional rather than block-specific.
Nearby employers anchor a diverse employment base that supports renter demand and commute convenience, including environmental services, cybersecurity, financial services, and logistics offices.
- Waste Management — environmental services (5.7 miles)
- Symantec — cybersecurity offices (35.6 miles)
- Prudential — financial services offices (41.7 miles)
- Ryder — logistics offices (44.3 miles)
This 30-unit, 1997-vintage property in Lady Lake benefits from a renter base supported by household growth within a 3-mile radius and a neighborhood tendency toward higher renter-occupied share. Rent levels at the neighborhood scale trend above national norms while ownership costs remain relatively high versus incomes, reinforcing multifamily demand even as the neighborhood’s occupancy rate sits below the metro median, which argues for disciplined leasing strategies and resident retention programs.
According to CRE market data from WDSuite, neighborhood-level NOI per unit ranks among the strongest nationally, highlighting revenue potential for well-managed assets. Given the vintage, the asset should compete favorably against older stock, with scope for targeted modernization to lift rents and reduce downtime. Key watch items include affordability pressure and lighter amenity density in the immediate neighborhood, which place a premium on on-site features and service quality.
- Newer 1997 vintage versus neighborhood average, supporting competitive positioning with selective value-add upside
- Household growth and shrinking household sizes within 3 miles expand the tenant base and support occupancy stability
- Neighborhood rents above national norms and high-cost ownership backdrop bolster rental demand
- Strong neighborhood-level NOI performance signals revenue potential for effective operators
- Risks: below-metro occupancy, affordability pressure, and thinner amenity density require disciplined leasing and retention