| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Fair |
| Demographics | 71st | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2454 Lake Debra Dr, Orlando, FL, 32835, US |
| Region / Metro | Orlando |
| Year of Construction | 2002 |
| Units | 33 |
| Transaction Date | 2017-10-30 |
| Transaction Price | $86,000,000 |
| Buyer | BR METROWEST LLC |
| Seller | CH REALTY VII CARROLL MF ORLANDO METROWE |
2454 Lake Debra Dr Orlando Multifamily Investment
Stabilized renter demand and competitive neighborhood occupancy support income durability, according to WDSuite’s CRE market data. The property’s 2002 vintage positions it well versus older nearby stock while allowing room for targeted upgrades.
Rated A- and ranked 72 out of 465 Orlando-Kissimmee-Sanford neighborhoods, this inner-suburb location sits in the top quartile locally. For investors, that generally signals balanced fundamentals and steady renter interest rather than speculative momentum.
Neighborhood occupancy is competitive among Orlando neighborhoods and sits above the metro median, supporting lease stability and limiting downtime. Renter concentration is notably high (among the highest shares of renter-occupied housing units in the metro), which deepens the tenant base for multifamily assets and helps sustain absorption.
Daily-needs access is a strength: grocery stores and pharmacies per square mile rank near the top among metro peers and place the neighborhood in high national percentiles. Restaurant density is also strong, enhancing livability for residents and aiding retention. Median contract rents in the neighborhood track in the higher national ranges, reinforcing revenue potential while still needing attention to affordability management.
Within a 3-mile radius, population has grown and is projected to continue expanding, with households expected to increase further—indicating a larger tenant base ahead. Income levels have trended upward, and rent-to-income measures in the neighborhood suggest manageable affordability pressure, supporting renewals and pricing discipline. The property’s 2002 construction year is slightly newer than the neighborhood average 2000 vintage, implying relative competitiveness versus older stock while leaving scope for modernization to capture premiums.
Safety metrics are mixed relative to peers. The neighborhood’s crime rank sits in the lower half of Orlando’s 465 neighborhoods, indicating more incidents than many local areas, and national safety percentiles are below the median. That said, recent trend data shows improvement, with violent offenses declining year over year, placing the neighborhood above national averages for improvement pace. Investors should underwrite proactive security measures and operating practices to support resident confidence.
Nearby corporate offices broaden the employment base and help support renter demand through commute convenience. Notable employers within a commutable radius include Prudential, Ryder, Darden Restaurants, Symantec, and Airgas Specialty Products.
- Prudential — corporate offices (3.1 miles)
- Ryder — corporate offices (5.6 miles)
- Darden Restaurants — corporate headquarters & corporate functions (7.4 miles) — HQ
- Symantec — technology offices (19.6 miles)
- Airgas Specialty Products — industrial gases offices (21.5 miles)
2454 Lake Debra Dr offers a 2002-vintage asset in an inner-suburban Orlando neighborhood that ranks in the top quartile locally, with a deep renter base and competitive occupancy supporting steady cash flow potential. Based on CRE market data from WDSuite, neighborhood rent levels sit in higher national ranges while rent-to-income dynamics indicate manageable affordability pressure—favorable for renewals and pricing discipline.
The surrounding area benefits from strong daily-needs access and a diversified employment base within practical commuting distance. Population growth within a 3-mile radius and projected household expansion point to renter pool expansion, while the asset’s slightly newer-than-average vintage provides relative competitiveness versus older stock and room for targeted value-add upgrades to refresh finishes and systems.
- Competitive neighborhood standing (top quartile locally) with steady renter demand
- Occupancy above the metro median supports income stability and lease retention
- 2002 vintage offers relative competitiveness with value-add potential through modernization
- Strong daily-needs access and regional employers underpin leasing and retention
- Risks: below-median national safety percentiles and more accessible ownership options may create leasing competition; underwrite security and marketing accordingly