| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 89th | Best |
| Demographics | 91st | Best |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2005 Lake Baldwin Ln, Orlando, FL, 32814, US |
| Region / Metro | Orlando |
| Year of Construction | 2007 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2005 Lake Baldwin Ln Orlando Multifamily Opportunity
Neighborhood occupancy is resilient and renter demand is broad-based, according to WDSuite’s CRE market data, supporting stable performance for smaller unit mixes. Elevated ownership costs in the immediate area further sustain reliance on multifamily housing.
The property sits in an Urban Core pocket of Orlando that scores an A on WDSuite’s neighborhood rating and ranks 66 out of 465 metro neighborhoods, placing it competitive among Orlando-Kissimmee-Sanford submarkets. Neighborhood occupancy is above the metro median (rank 88 of 465; 75th percentile nationally), signaling steady leasing and comparatively low turnover risk for professionally managed assets.
Renter-occupied housing is a defining local feature: the neighborhood’s renter concentration ranks 27 out of 465 (96th percentile nationally). For investors, that depth of renter households points to a large and durable tenant base, supporting absorption and renewal potential across cycles.
Ownership remains a high-cost proposition here (median home values rank 8 of 465; 95th percentile nationally). In practice, that context reinforces rental demand and can support pricing power, while the neighborhood’s rent-to-income profile (30th percentile nationally) suggests manageable affordability pressure that can aid retention strategies.
Amenity density is mixed. Parks are a relative strength (rank 27 of 465; 92nd percentile nationally), while everyday retail like groceries, pharmacies, and cafes is limited within the immediate neighborhood footprint. For leasing, this often means residents rely on short drives to nearby commercial corridors; assets with on-site conveniences or proximity to retail nodes can differentiate.
Within a 3-mile radius, population grew about 8.7% over the last five years, households rose roughly 8.6%, and forecasts indicate continued population growth of about 6.6% with a notable increase in households by 2028. This trajectory expands the renter pool and supports occupancy stability over the medium term.
Relative to the Orlando-Kissimmee-Sanford metro, the neighborhood’s overall crime rank is 90 out of 465, indicating performance above the metro median and roughly mid-to-better-tier conditions versus peers. Nationally, violent incidents benchmark around the 56th percentile, while property incidents sit closer to the middle of the pack (about the 44th percentile), suggesting a generally stable environment with typical urban-core considerations.
Trend-wise, violent offense estimates have improved markedly over the past year (top-quartile improvement nationally), which is constructive for resident retention and leasing narratives. As always, investors should underwrite to submarket-level trends and property-specific security measures rather than block-level assumptions.
Nearby corporate offices within roughly 10–15 miles broaden the employment base and support renter demand through commute convenience, including Ryder, Prudential, Darden Restaurants, and Symantec. Farther afield, industrial and specialty operators contribute additional stability.
- Ryder — logistics & transportation (9.5 miles)
- Prudential — financial services (9.5 miles)
- Darden Restaurants — restaurant group (12.3 miles) — HQ
- Symantec — cybersecurity software (14.5 miles)
- Airgas Specialty Products — industrial gases (29.3 miles)
This Orlando Urban Core location combines steady renter demand with supportive neighborhood fundamentals. Occupancy benchmarks above the metro median and in the 75th percentile nationally, while a high renter concentration (ranked near the top among 465 metro neighborhoods) points to a deep tenant base. Elevated home values in the immediate area sustain reliance on multifamily housing, and rent-to-income dynamics indicate manageable affordability pressure that can aid renewal strategies. According to CRE market data from WDSuite, these factors collectively underpin durable leasing for well-amenitized, professionally operated assets.
Within a 3-mile radius, recent population and household growth has been solid, with additional gains projected through 2028, expanding the renter pool and supporting occupancy stability. Amenity access is strongest for parks, while day-to-day retail is less concentrated immediately nearby; assets that offer on-site conveniences or easy access to retail corridors can stand out. Investors should also account for typical urban property-crime exposure and competitive rent positioning when underwriting.
- Above-metro occupancy and deep renter base support stable leasing
- High-cost ownership market reinforces multifamily demand and pricing power
- 3-mile population and household growth expand the tenant pool through 2028
- Park access is a local strength; on-site conveniences can differentiate
- Risks: limited immediate retail density and typical urban property-crime exposure