| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Fair |
| Demographics | 69th | Best |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1301 Catherine St, Orlando, FL, 32801, US |
| Region / Metro | Orlando |
| Year of Construction | 1973 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | $700,000 |
| Buyer | HOUSING AND NEIGHBORHOOD DEVELOPMEN |
| Seller | MNAYARJI BASSAM |
1301 Catherine St Orlando Multifamily Investment Opportunity
Neighborhood occupancy is in the top quartile locally and renter concentration is high, supporting durable leasing prospects according to CRE market data from WDSuite. This positioning favors small-unit demand while leaving room for targeted value-add to enhance competitiveness.
Located in Orlando s inner suburb fabric, the property benefits from neighborhood occupancy that sits in the top quartile among 465 metro neighborhoods, a constructive signal for leasing stability. Note that this occupancy figure reflects the neighborhood, not the property itself, and aligns with steady renter demand dynamics cited by WDSuite.
Renter-occupied housing is a dominant share in this neighborhood (ranked near the top of the metro), indicating a deep tenant base for multifamily operators and support for ongoing occupancy. With a median construction year close to the early 1970s, assets from this era often compete on renovation scope and operational execution rather than on new-build amenities.
Within a 3-mile radius, demographics show measured population growth to date and a larger increase in households ahead, with household sizes trending smaller. This pattern typically expands the renter pool, particularly for efficient floor plans. The property's small average unit size can align with singles and young professionals seeking urban convenience at modest square footage.
Parks access is a standout relative strength (high national percentile), while immediate retail density for cafes, groceries, and pharmacies is limited within the neighborhood footprint. For multifamily investors, this mix points to lifestyle appeal through green space and reliance on short commutes to retail and employment nodes. Neighborhood rents have risen materially over the past five years, supporting revenue growth potential while calling for thoughtful affordability and retention strategies.
Home values in the neighborhood are elevated versus many areas nationally, which can reinforce reliance on rental housing and support pricing power for well-managed communities. At the same time, higher rent-to-income ratios observed locally warrant proactive lease management and resident retention efforts.
Neighborhood safety performance is mixed: relative to U.S. neighborhoods, overall crime sits slightly below the national median, and within the Orlando-Kissimmee-Sanford metro it is competitive but not top tier. Importantly, recent year-over-year trends show improvement in both violent and property offenses, signaling gradual normalization rather than deterioration.
For underwriting, this suggests prudent assumptions: emphasize proven operations, daytime activity from nearby employment, and lighting/security best practices to support leasing and retention. Comparisons should be framed at the neighborhood level rather than block-by-block to avoid overstating precision.
Proximity to diversified corporate offices supports a broad workforce renter base and commute convenience. Notable nearby employers include Prudential, Ryder, Darden Restaurants, Symantec, and Airgas Specialty Products.
- Prudential — insurance & financial services (5.7 miles)
- Ryder — logistics & transportation (5.8 miles)
- Darden Restaurants — restaurant corporate offices (8.7 miles) — HQ
- Symantec — software & cybersecurity offices (16.8 miles)
- Airgas Specialty Products — industrial gases & specialty chemicals (25.7 miles)
1301 Catherine St is a 36-unit asset built in 1973, positioned in a neighborhood with top-quartile metro occupancy and a high share of renter-occupied units. This combination points to a deep tenant base and supports steady leasing performance for well-run properties. According to WDSuite's commercial real estate analysis, neighborhood rents have advanced materially in recent years, while parks access is a relative strength and retail density is thinner, favoring residents who value green space and short commutes.
Vintage implies clear value-add angles: 1970s construction often benefits from targeted interior updates, system upgrades, and curb-appeal improvements to strengthen competitive positioning versus older stock. Small average unit sizes can capture demand from singles and mobile professionals as 3-mile household sizes trend lower and households increase, expanding the renter pool. Counterbalancing factors include elevated rent-to-income ratios and neighborhood safety around the national mid-range, suggesting measured rent growth assumptions and continued focus on resident experience.
- Top-quartile neighborhood occupancy among 465 metro neighborhoods supports leasing stability
- High renter-occupied share signals a deep tenant base for small-format units
- 1973 vintage and compact layouts present actionable value-add and systems upgrade potential
- Risks: elevated rent-to-income ratios, mid-range safety, and lighter immediate retail call for measured underwriting