| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 39th | Fair |
| Amenities | 67th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3001 Javens Cir, Mount Dora, FL, 32757, US |
| Region / Metro | Mount Dora |
| Year of Construction | 1979 |
| Units | 71 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3001 Javens Cir Mount Dora Multifamily Opportunity
Positioned in an inner-suburb of the Orlando metro, this 71-unit asset benefits from a sizable renter base and steady demand drivers, according to WDSuite’s CRE market data. Household growth in the immediate area supports leasing durability and rent trade-outs over a multi-year hold.
Mount Dora’s neighborhood scores a B+ and ranks 129 out of 465 metro neighborhoods, indicating competitive fundamentals within the Orlando-Kissimmee-Sanford market. Neighborhood occupancy trends sit near the national midpoint, while a meaningful share of housing units are renter-occupied (about one-third), signaling depth in the tenant pool and support for multifamily absorption.
Amenities are a relative strength. Cafe density ranks 37 of 465 (top quartile in the metro and strong nationally), with restaurants and groceries also testing above metro median levels. These factors typically aid day-to-day convenience and help with resident retention for workforce-oriented assets.
Within a 3-mile radius, WDSuite data shows recent population growth and a projected increase in households through 2028, pointing to a larger tenant base over time. The mix skews toward working-age and older adults, and average household size has edged lower, which can translate to sustained demand for smaller-format rentals without relying on new unit formation.
Home values sit in the upper tiers nationally, a high-cost ownership context that can reinforce reliance on rental options and support pricing power for well-managed properties. At the same time, neighborhood rent levels test high versus many U.S. neighborhoods; lease management and renewal strategies should account for affordability pressure while maintaining occupancy stability.
The average construction year in the neighborhood is early 1980s; this property was built in 1979, which is slightly older. Investors should underwrite routine capital planning and selective renovations to sharpen competitive positioning and capture value-add upside in a market with solid renter demand.
Comparable neighborhood safety metrics were not available in WDSuite for this location at the time of publication. Investors typically benchmark site-level experience against city and metro trend reports and underwrite standard precautions such as lighting, access control, and partnership with local law enforcement to support resident retention and asset performance.
The employment base draws from regional corporate offices that broaden the commuter pool and support renter demand. Nearby employers include Waste Management, Symantec, Prudential, Ryder, and Darden Restaurants.
- Waste Management — environmental services (13.5 miles)
- Symantec — software & cybersecurity offices (19.6 miles)
- Prudential — financial services offices (26.7 miles)
- Ryder — logistics & transportation offices (29.2 miles)
- Darden Restaurants — restaurant group corporate (31.2 miles) — HQ
This 71-unit, 1979-vintage asset sits in a competitive Orlando suburban submarket with solid amenity access and a renter base that supports multifamily absorption. Neighborhood rents trend high versus many U.S. neighborhoods while home values are also elevated, a combination that can sustain rental reliance but requires careful lease management to balance pricing power and retention. Based on CRE market data from WDSuite, household growth within 3 miles is projected to expand the renter pool, reinforcing occupancy over a longer hold.
The vintage suggests scope for targeted value-add: systems modernization, unit refreshes, and common-area improvements to enhance positioning against early-1980s stock. Smaller average unit sizes can offer a relatively accessible rent point in a high-cost ownership market, supporting demand from cost-conscious renters without needing deep discounts.
- Growing household base within 3 miles supports a larger tenant pool and long-term occupancy stability.
- Strong amenity access and commuter reach strengthen leasing and retention potential.
- 1979 vintage provides value-add and capital planning opportunities to lift rents and competitiveness.
- Smaller average unit sizes can position effectively on rent levels while maintaining absorption.
- Risk: Elevated rent levels relative to incomes require proactive lease management to protect retention.