| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Good |
| Demographics | 29th | Poor |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 125 NE 10th Pl, Cape Coral, FL, 33909, US |
| Region / Metro | Cape Coral |
| Year of Construction | 1998 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
125 NE 10th Pl, Cape Coral Multifamily Investment
Renter-occupied housing concentration and steady neighborhood occupancy suggest durable tenant demand, according to WDSuite’s CRE market data. Positioned in an inner-suburb pocket of Cape Coral, the asset benefits from everyday amenities that support leasing stability.
Cape Coral’s inner-suburb setting around 125 NE 10th Pl offers everyday convenience that supports multifamily livability. Neighborhood amenities test above the national middle, with parks and pharmacies in the top quartile nationally, while cafes and restaurants also rate strongly. This area ranks competitive among 211 metro neighborhoods, aligning with a B neighborhood rating, which investors often read as balanced fundamentals rather than a headline-growth outlier.
The property’s 1998 vintage is a bit newer than the neighborhood’s average 1993 construction year, providing relative competitiveness versus older stock. Investors should still plan for targeted modernization and system updates typical of late-1990s assets to sharpen leasing appeal and reduce near-term capex surprises.
Tenure patterns indicate depth for rentals: the neighborhood’s share of housing units that are renter-occupied is elevated within the metro, helping sustain a larger tenant base and support occupancy. Within a 3-mile radius, population and household counts have expanded in recent years and are projected to continue growing, pointing to a larger renter pool over time and reinforcing demand for rental units.
Home values sit in a higher-cost ownership context relative to incomes locally, which can sustain reliance on multifamily housing and support pricing power for well-managed assets. Median contract rents in the neighborhood track in the upper portion of national comparisons, while rent-to-income levels suggest some affordability pressure; effective lease management and amenity differentiation remain important to retention.
Schools in the area rate below the national mid-point on average, which may matter for family-oriented renter profiles. Even so, daily-needs access is a strength: parks, pharmacies, and food options perform above metro medians, helping underpin livability and leasing appeal.
Neighborhood safety indicators compare favorably. The area ranks near the top among 211 Cape Coral–Fort Myers neighborhoods and sits in the top quartile nationally for overall safety, based on WDSuite’s CRE data. Both property and violent offense estimates have trended lower year over year, signaling improving conditions, though investors should continue to monitor local trends as part of routine risk assessment.
Regional employment access is anchored by corporate offices reachable by highway, supporting commute convenience and renter retention. Notably, the following employer presence contributes to the area’s employment base.
- Hertz Global Holdings — corporate offices (18.5 miles) — HQ
This 72-unit, 1998-vintage asset offers a practical balance of stability and upside. Renter-occupied housing shares in the neighborhood are elevated for the metro, and everyday amenities score above metro medians, helping support occupancy consistency. Within a 3-mile radius, population and household growth—both historical and projected—point to a larger tenant base and continued leasing depth. According to CRE market data from WDSuite, neighborhood rent levels are competitive nationally while ownership costs remain high relative to incomes, reinforcing renter reliance on multifamily housing.
The late-1990s vintage provides relative competitiveness versus older stock, with scope for value-add through targeted renovations and system updates. Key watchpoints include school quality below national mid-point and some affordability pressure implied by rent-to-income dynamics, which call for disciplined rent setting and retention-focused management.
- Inner-suburb location with parks, pharmacies, and dining performing above metro medians, supporting livability and leasing
- Elevated renter-occupied housing share indicates a deeper tenant base and supports occupancy stability
- 1998 vintage competitive versus older neighborhood stock, with value-add potential through targeted updates
- Higher-cost ownership context sustains reliance on rentals, aiding pricing power for well-managed assets
- Risks: below mid-point school ratings and rent-to-income pressure require careful lease management and retention strategy