| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Best |
| Demographics | 66th | Best |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 619 Arbor Station Ln, Tallahassee, FL, 32312, US |
| Region / Metro | Tallahassee |
| Year of Construction | 1990 |
| Units | 104 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
619 Arbor Station Ln Tallahassee Multifamily Investment
Neighborhood indicators suggest steady renter demand and occupancy, according to WDSuite's CRE market data. All figures referenced describe the neighborhood context, not the specific property's performance.
Positioned in an Inner Suburb of Tallahassee, the neighborhood ranks 16th out of 143 metro neighborhoods (A rating), signaling competitive fundamentals versus local peers. The share of renter-occupied housing is high, indicating depth in the tenant base and support for leasing velocity at multifamily assets. Neighborhood occupancy has been broadly stable in recent years, which favors predictability over rapid swings.
Convenience amenities are a relative strength. Restaurant and cafe density is competitive among Tallahassee neighborhoods (both inside the top 10 of 143) and places in the top quartile nationally, with grocery and pharmacy access also above metro medians. Park and childcare density are limited locally, which may temper family-oriented appeal; operators sometimes mitigate with on-site recreation or partnerships.
Rents in the neighborhood tend to sit above the metro median yet near the middle of national peers, based on commercial real estate analysis from WDSuite. The value-to-income profile ranks in higher national percentiles, reflecting a high-cost ownership landscape in the area; that context can sustain reliance on rentals and aid lease retention for well-managed communities.
Within a 3-mile radius, demographics point to a growing renter pool: population and households have increased over the past five years, with households outpacing population and average household size edging lower. Forecasts through the current outlook window call for continued population growth and a sizable increase in households, reinforcing occupancy stability and ongoing demand for professionally managed rentals.
Safety indicators in this neighborhood trail the metro median (crime ranks 80th among 143 Tallahassee neighborhoods) and sit in the lower national percentiles, indicating higher exposure than many areas nationwide. Recent readings show year-over-year increases in both property and violent offenses. Investors often address this by budgeting for lighting, access controls, and coordinated tenant policies, and by aligning underwriting with local trend lines rather than single-year readings.
Nearby anchor employer details with reliable distance data are not available in this dataset. The property nonetheless benefits from the broader Tallahassee employment base across government, education, and healthcare, which supports renter demand and commute convenience at the metro level.
This 104-unit asset, built in 1990, aligns with the neighborhood s average vintage. That timing typically points to durable structures with potential for targeted modernization (exteriors, common areas, or building systems) to enhance competitiveness against newer supply. According to CRE market data from WDSuite, the surrounding neighborhood shows steady occupancy and a high renter-occupied share, supporting depth of demand for multifamily operators.
Local amenity density (dining, cafes, grocery, and pharmacy) is competitive in the metro and places in strong national percentiles, aiding day-to-day livability and lease retention. Within a 3-mile radius, population and households have grown, and forecasts call for further expansion and smaller average household sizes 9 9 all of which tie to a larger tenant base and support for occupancy stability. The ownership market 9as indicated by higher national value-to-income positioning 9reinforces reliance on rentals, though rent-to-income levels warrant proactive lease management.
- Neighborhood ranks 16th of 143 in Tallahassee with stable occupancy, supporting leasing consistency
- Competitive amenity access (dining, cafes, grocery, pharmacy) aids resident retention
- 1990 vintage offers scope for targeted value-add and systems modernization
- 3-mile radius shows growth in population and households, expanding the tenant base
- Risks: safety trends below metro median and higher rent-to-income require prudent underwriting and on-site security planning