| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 66th | Good |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4615 SW 8th Ct, Cape Coral, FL, 33914, US |
| Region / Metro | Cape Coral |
| Year of Construction | 2000 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4615 SW 8th Ct, Cape Coral Multifamily Investment
Investor positioning benefits from a predominantly owner-occupied area with rising household counts that supports steady renter demand, according to WDSuite’s CRE market data. Neighborhood occupancy trends and home values suggest pricing power is achievable with disciplined lease management.
Located in Cape Coral’s Inner Suburb fabric, the neighborhood carries a B rating and ranks 98 out of 211 across the Cape Coral–Fort Myers metro, placing it above the metro median for overall fundamentals. Amenity density is modest (limited restaurants, cafes, and parks), while everyday services such as groceries are reasonably accessible for suburban living. For investors, this setup tends to favor quiet, residential stability over destination-driven foot traffic.
Rents in the neighborhood benchmark above many U.S. areas (around the 70th national percentile), while the rent-to-income profile tracks as moderate, creating room for measured rent growth without overextending retention risk. Home values sit in a high-cost ownership context (roughly the 75th national percentile), which can reinforce reliance on rental housing and support leasing velocity for well-managed assets.
Tenure patterns indicate a smaller rental stock locally, with a renter-occupied share around one-quarter within a 3-mile radius. That owner tilt can limit direct competition among multifamily communities while sustaining a stable tenant base for quality assets. Demographic statistics aggregated within a 3-mile radius show recent population growth and a meaningful increase in households, with projections calling for further expansion over the next five years — a constructive backdrop for renter pool expansion and occupancy stability.
The average building vintage in the neighborhood trends late-1990s; a 2000 construction date positions the asset slightly newer than the local average, supporting competitive positioning versus older stock. Investors should still plan for system modernization and selective value-add to maintain lead-in-class curb appeal in an area where newer product can differentiate on finishes and energy efficiency.
Safety indicators compare favorably at a national level, with the neighborhood testing in a high national percentile for lower crime incidence, according to WDSuite’s CRE market data. Recent data also show notable year-over-year declines in both property and violent offenses, signaling an improving local safety trend relative to broader U.S. patterns.
As with any metro, conditions vary by block and over time; investors should validate on-the-ground operations and insurance assumptions. Still, the broader comparative readings suggest the area is competitive among Cape Coral–Fort Myers neighborhoods and sits in the upper tier nationally for safety.
Regional employment is anchored by corporate and service-sector roles within commuting range, supporting workforce housing demand and lease retention for stabilized assets. Nearby, the following employer contributes to the area’s tenant base:
- Hertz Global Holdings — corporate offices (15.2 miles) — HQ
This 52-unit, 2000-vintage asset sits in an above-median Cape Coral–Fort Myers neighborhood where high-cost ownership dynamics and moderate rent-to-income levels underpin durable multifamily demand. Demographic statistics aggregated within 3 miles point to ongoing population and household growth, expanding the renter pool and supporting occupancy stability. According to CRE market data from WDSuite, neighborhood rents benchmark above national norms while remaining manageable against incomes — a constructive setup for disciplined rent growth and retention.
The vintage is slightly newer than the neighborhood average, offering competitive positioning versus older stock and potential to capture premiums with targeted upgrades. While amenity density is limited and neighborhood occupancy trends lag stronger urban submarkets nationally, ownership costs and regional job access help sustain leasing fundamentals for well-operated communities.
- Above-median neighborhood fundamentals in the Cape Coral–Fort Myers metro support long-term renter demand
- High-cost ownership market reinforces reliance on rentals and can support pricing power
- 2000 construction offers competitive positioning with room for value-add modernization
- Expanding households within 3 miles increase the tenant base and aid occupancy stability
- Risks: lower amenity density and below-national neighborhood occupancy may moderate lease-up pace