| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 89th | Best |
| Demographics | 91st | Best |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2125 Portlight Dr, Orlando, FL, 32814, US |
| Region / Metro | Orlando |
| Year of Construction | 2008 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2125 Portlight Dr Orlando Multifamily Investment
Situated in an Urban Core pocket of Orlando with mid‑90% neighborhood occupancy and a high renter concentration, this 28‑unit asset offers durable renter demand and pricing power, according to WDSuite’s CRE market data.
The property sits in an A‑rated Urban Core neighborhood that ranks 66 out of 465 Orlando metro neighborhoods, placing it in the top quartile locally for overall performance. Neighborhood occupancy trends are solid (rank 88 of 465; 75th percentile nationally), supporting lease stability for multifamily operators. Renter-occupied housing accounts for a sizable share of neighborhood units (67.1%; rank 27 of 465; 96th percentile nationally), signaling a deep tenant base and consistent absorption potential.
Lifestyle access skews toward open space rather than dense retail within the neighborhood boundary: park availability is strong (92nd percentile nationally; rank 27 of 465), while counts of cafes, groceries, and pharmacies inside the boundary read minimal. For investors, this mix often aligns with car‑served daily needs nearby and park-oriented amenities on-site, with leasing driven more by schools, employment nodes, and commutability than by immediate storefront density.
Home values at the neighborhood level are elevated (95th percentile nationally; rank 8 of 465), which typically reinforces reliance on rental options and can support retention among renters by choice. At the same time, the neighborhood rent-to-income ratio reads comparatively manageable (0.19; 30th percentile nationally), a constructive backdrop for lease management and renewal strategies rather than acute affordability pressure. Median contract rents are positioned toward the upper end of the market (92nd percentile nationally; rank 39 of 465), consistent with a higher-income renter profile.
Within a 3‑mile radius, demographics indicate steady population growth over the last five years with further expansion projected, alongside an increase in households and a shift toward slightly smaller average household size. This pattern suggests a gradually expanding renter pool and supports occupancy stability for well-managed assets. The neighborhood’s construction vintage averages 2006; with a 2008 build, the subject is modestly newer than the local average, which can enhance competitive positioning versus older stock while still warranting targeted systems updates or common-area refreshes when underwriting value-add.
Neighborhood safety signals are mixed in a way investors can underwrite. Overall crime sits around the metro’s lower ranks (crime rank 90 out of 465 metro neighborhoods), while national comparisons show violent offenses near the safer side of mid‑range (56th percentile nationally) and property offenses closer to mid‑range but slightly less favorable (44th percentile). Importantly, violent incidents show notable year‑over‑year improvement (among the stronger declines nationally), which can support perception and leasing over time, though ongoing monitoring remains prudent.
Proximity to diversified corporate employers supports workforce housing demand and commute convenience, including insurance, logistics, restaurant corporate, cybersecurity, and industrial gases operations.
- Prudential — insurance (9.7 miles)
- Ryder — transportation & logistics (9.7 miles)
- Darden Restaurants — restaurant corporate (12.5 miles) — HQ
- Symantec — cybersecurity (14.3 miles)
- Airgas Specialty Products — industrial gases (29.5 miles)
2125 Portlight Dr offers a 2008 vintage in an A‑rated, top‑quartile Orlando neighborhood where renter concentration and solid occupancy underpin income durability. Elevated home values in the immediate area reinforce multifamily demand, while rent-to-income indications suggest comparatively manageable affordability pressure that can aid retention. Based on CRE market data from WDSuite, the neighborhood’s occupancy sits in the mid‑90s, aligning with a stable leasing backdrop for well‑positioned product.
Demographic trends within a 3‑mile radius point to population growth and an expanding household base, implying a larger tenant pool over the next cycle. The asset’s slightly newer-than-average vintage versus local stock can help competitive standing; underwriting should still consider targeted capital for modernization and continued attention to neighborhood-level property crime trends.
- High renter-occupied share and solid neighborhood occupancy support demand depth and leasing stability.
- Elevated neighborhood home values reinforce sustained reliance on quality rental housing.
- 2008 construction offers relative competitiveness versus older stock with optional value-add upgrades.
- 3‑mile demographics indicate population and household growth, expanding the prospective renter pool.
- Risks: limited retail within the neighborhood boundary and mid‑range property crime warrant ongoing management attention.