| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 39th | Fair |
| Amenities | 22nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10200 University Blvd, Orlando, FL, 32817, US |
| Region / Metro | Orlando |
| Year of Construction | 1999 |
| Units | 96 |
| Transaction Date | 2016-09-16 |
| Transaction Price | $17,500,000 |
| Buyer | Chance UCF Owner, LLC |
| Seller | Taurus Gatherings LP |
10200 University Blvd Orlando 96-Unit Multifamily
Occupancy in the surrounding neighborhood trends above the metro median, supporting stable leasing for a 1999-vintage asset, according to CRE market data from WDSuite.
Located in an Inner Suburb of Orlando with a neighborhood rating of C, the area offers practical access to daily needs and employment while avoiding core urban pricing. Grocery options are relatively accessible compared with national norms, and restaurant density is competitive for the metro, though cafes, parks, and pharmacies are sparse. This mix suits workforce renters seeking convenience over lifestyle retail clustering.
Rents in the neighborhood sit in the upper national percentiles while remaining below many coastal markets. Neighborhood occupancy is above the metro median, and the renter-occupied share of housing units is high for the region, indicating a sizable tenant base and supporting day-to-day leasing stability. Elevated home values relative to incomes at the neighborhood level suggest ownership is comparatively high-cost, which tends to reinforce reliance on multifamily housing and bolster retention.
Within a 3-mile radius, population has grown in recent years and is projected to expand further alongside a meaningful increase in households, pointing to renter pool expansion that can support occupancy and absorption. Median household incomes in this radius have risen, and forecasts indicate continued income growth; together with forecast rent growth, this favors revenue durability while still requiring careful lease management to limit affordability pressure.
The property’s 1999 construction is newer than the neighborhood’s average 1981 stock, offering competitive positioning versus older assets. Investors should plan for targeted system updates and common-area refreshes to maintain appeal against newer deliveries, but the vintage provides a solid baseline for light value-add programming.
Neighborhood safety performance is roughly above the metro median (ranked in the better half among 465 Orlando-area neighborhoods) but tracks below the national median. For investors, this places the area as competitive within the metro while not a top national outlier.
Recent trends are mixed: estimated property offenses declined year over year, while violent-offense rates rose modestly over the same period. Monitoring trajectory and on-site measures such as lighting, access control, and community engagement can help sustain resident satisfaction and retention.
Proximity to established corporate offices supports a steady commuter renter base, with major employers in insurance, technology, and hospitality within a manageable drive—reinforcing demand and lease retention for workforce housing.
- Ryder — logistics (14.0 miles)
- Symantec — software & cybersecurity (14.3 miles)
- Prudential — financial services (14.4 miles)
- Darden Restaurants — hospitality & corporate offices (16.6 miles) — HQ
- Airgas Specialty Products — industrial gases (33.6 miles)
This 96-unit property built in 1999 benefits from neighborhood occupancy above the metro median and a renter concentration that supports a dependable tenant funnel. Elevated home values relative to incomes at the neighborhood level reinforce rental demand, while rent-to-income levels remain comparatively manageable—favorable for retention even as operators pursue measured rent growth. According to CRE market data from WDSuite, the asset competes well against older local stock and stands to capture demand from nearby employment nodes.
Within a 3-mile radius, recent population growth and a projected increase in households point to renter pool expansion, supporting occupancy stability and absorption. The vintage positions the property for targeted value-add—unit interiors, common areas, and system modernization—to enhance competitiveness versus newer deliveries without relying on heavy redevelopment.
- Neighborhood occupancy above metro median supports stable leasing
- 1999 vintage offers competitive edge over older supply with light value-add upside
- High-cost ownership context sustains multifamily demand and retention potential
- 3-mile radius shows population and household growth, supporting tenant base expansion
- Risks: amenity depth is limited and safety metrics are below national median; prudent on-site management and capex planning are important