| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Best |
| Demographics | 62nd | Good |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Stadium Dr, Tallahassee, FL, 32304, US |
| Region / Metro | Tallahassee |
| Year of Construction | 1990 |
| Units | 82 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Stadium Dr Tallahassee Multifamily Investment
Investor appeal centers on a deep renter base and strong amenity access in the surrounding neighborhood, with demand supported by a high share of renter-occupied housing units and steady population growth, according to WDSuite’s CRE market data.
This Inner Suburb location in Tallahassee offers daily convenience that supports leasing: neighborhood amenities score above national averages, with dense restaurant, grocery, and pharmacy options nearby. Cafes, restaurants, and grocery stores rank among the strongest concentrations in the metro (top national percentiles), while parks and formal childcare are limited, shaping a lifestyle profile more oriented to students and young professionals than families.
Neighborhood occupancy is measured at the neighborhood level and currently trails metro leaders, but the area’s renter concentration is exceptionally high (renter-occupied share well above most Tallahassee neighborhoods). For multifamily owners, that depth of renter demand can aid marketing efficiency and leasing velocity even when competition is active.
Within a 3-mile radius, demographics skew young (a large 18–34 cohort) with recent population and household growth and additional increases projected, suggesting a larger tenant base over the next cycle. Rising household incomes and projected rent growth indicate potential for sustained demand, though elevated rent-to-income ratios in the immediate neighborhood call for attentive lease management and renewal strategies.
The property’s 1990 vintage is slightly newer than the neighborhood’s average construction year, providing a relative edge versus older stock. Investors should still plan for ongoing system updates and select renovations to remain competitive with newer deliveries.
Safety trends are mixed. Relative to neighborhoods nationwide, this area sits below the national median for safety, and it falls below the metro median among 143 Tallahassee neighborhoods. Recent year-over-year readings indicated an uptick in both property and violent offenses, so conservative underwriting and security-minded property operations are prudent.
As with any submarket, conditions can vary block to block. Investors typically focus on visibility, lighting, access control, and partnership with local community resources to support resident retention and stabilize occupancy over time.
Based on CRE market data from WDSuite, this 82-unit asset at 100 Stadium Dr benefits from a high renter-occupied neighborhood and strong local amenity density that supports everyday convenience—a favorable backdrop for leasing. Neighborhood-level occupancy trails top metro performers, but the depth of the renter pool and projected household growth within 3 miles support demand resiliency and the potential for steady absorption.
Built in 1990, the property is slightly newer than the neighborhood average, offering competitive positioning versus older stock while still allowing for targeted value-add and system modernization to enhance rentability. Affordability pressure in the immediate area suggests measured rent growth strategies and strong renewal execution can balance pricing power with retention.
- Deep renter base and amenity-rich setting support consistent demand
- 1990 vintage offers competitive positioning with value-add upside
- 3-mile population and household growth expand the tenant pool
- Operable pricing power tempered by neighborhood rent-to-income ratios
- Risk: below-median safety trends require proactive operations and underwriting