| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 68th | Best |
| Amenities | 40th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1939 Grand Isle Cir, Orlando, FL, 32810, US |
| Region / Metro | Orlando |
| Year of Construction | 1995 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1939 Grand Isle Cir Orlando 24-Unit Multifamily Opportunity
Neighborhood fundamentals indicate durable renter demand, with elevated renter concentration and stable occupancy in the surrounding area, according to WDSuite’s CRE market data. This context supports consistent leasing while leaving room for value-add execution at the asset level.
The property is located in an Inner Suburb of the Orlando-Kissimmee-Sanford metro with an A- neighborhood rating. The area ranks 115 out of 465 metro neighborhoods, placing it in the top quartile locally — a signal of balanced livability and housing fundamentals that can underpin rent stability over a cycle.
Housing metrics are a relative strength. The neighborhood ranks 57 out of 465 for housing (top quartile in the metro) and posts a 92.9% occupancy rate at the neighborhood level, which is competitive among Orlando-Kissimmee-Sanford neighborhoods. Renter-occupied housing represents 62.1% of neighborhood units (ranked 36 of 465), indicating depth in the tenant base that supports absorption and retention for multifamily.
Livability is mixed but functional for workforce renters. Restaurant density trends strong (84th percentile nationally), and grocery access sits above the national midline, while parks, cafes, and pharmacies are comparatively limited within the immediate neighborhood. Median home values are near the national midline, which reduces competitive pressure from for-sale options and can sustain reliance on rental housing.
Demographics aggregated within a 3-mile radius show recent population growth alongside a faster increase in households, expanding the potential renter pool. Forward-looking indicators point to continued household growth with smaller average household sizes; even with a modest population dip, that mix can support multifamily demand and occupancy stability. Rising household incomes paired with a relatively manageable rent-to-income profile at the neighborhood level support lease retention and thoughtful pricing decisions.
Safety signals are mixed but trending better. Overall crime benchmarks modestly above the national median for safety (around the 54th percentile nationally), while violent crime sits below the national midline (about the 33rd percentile). Property offenses show notable year-over-year improvement, with the neighborhood positioned in a stronger national percentile for declining rates. For investors, the takeaway is to monitor conditions while recognizing a favorable directional trend compared with national patterns.
A diversified employment base nearby supports renter demand and commute convenience, with access to financial services, cybersecurity, logistics, and a major restaurant group headquarters reflected below.
- Prudential — financial services (10.3 miles)
- Symantec — cybersecurity (10.4 miles)
- Ryder — logistics (11.9 miles)
- Darden Restaurants — restaurant group (14.7 miles) — HQ
- Airgas Specialty Products — industrial gases (30.6 miles)
Built in 1995, the asset is slightly older than the neighborhood’s average vintage, pointing to value-add potential through targeted interior updates and selective system modernization. At the neighborhood level, occupancy is steady and renter concentration is elevated, supporting depth of tenant demand and leasing stability. Based on CRE market data from WDSuite, the rent-to-income profile is relatively manageable versus many peer areas, favoring retention while allowing disciplined rent growth.
Within a 3-mile radius, recent population gains and faster household growth expand the renter pool, and forward-looking estimates indicate continued growth in household counts even as average household size trends lower — a backdrop that can support occupancy and renewal performance. Livability and amenity access skew toward daily-needs and dining, while limited parks and cafes suggest a measured approach to positioning and amenities.
- Stable neighborhood occupancy and elevated renter-occupied share support consistent leasing
- 1995 vintage offers practical value-add and modernization opportunities
- 3-mile household growth expands the tenant base, aiding absorption and renewals
- Rent-to-income profile supports retention and thoughtful pricing power
- Risks: amenity gaps and mixed safety signals call for careful capex and operations planning