| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Fair |
| Demographics | 16th | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3569 Khayyam Ave, Orlando, FL, 32826, US |
| Region / Metro | Orlando |
| Year of Construction | 1972 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3569 Khayyam Ave Orlando Multifamily Investment
Renter demand is reinforced by a high neighborhood renter-occupied share and strong nearby amenities, according to WDSuite's CRE market data. Occupancy has trailed stronger Orlando submarkets recently, so underwriting should focus on tenant retention and value-add positioning.
This inner-suburb location in Orlando offers everyday convenience with strong food and grocery access relative to the metro and the nation. Neighborhood amenity density is competitive among Orlando neighborhoods, with restaurants and groceries scoring in the upper national percentiles, while childcare and park options are limited — a profile that leans more toward workforce and student-oriented renters than family amenities.
The property's 1972 vintage predates the neighborhood's average construction year (1984), pointing to potential capital expenditure needs and value-add upside through interior updates and systems modernization to improve competitive positioning against newer stock.
At the neighborhood level, occupancy is in the lower tier among the metro's 465 neighborhoods and below national norms, while the share of housing units that are renter-occupied is very high (top tier nationally). For multifamily owners, that mix signals depth in the tenant base but elevates the importance of leasing execution and renewals to support stability.
Demographics within a 3-mile radius skew young, with a large 18–34 cohort and continued growth in population and households projected through 2028. This trend supports a larger tenant base and steady demand for smaller, attainable units, which can help offset softer neighborhood-level occupancy readings.
Safety indicators track below both metro and national averages. Based on CRE market data from WDSuite, overall crime ranks 306 out of 465 Orlando–Kissimmee–Sanford neighborhoods, placing the area below the metro median. Nationally, composite safety metrics are also below the median, with property incidents more elevated than violent categories.
Recent readings point to a year-over-year uptick in estimated offenses. Investors typically address this with practical measures such as lighting, access controls, and visible management presence, which can support resident retention and leasing.
Nearby corporate offices provide a stable employment base that supports renter demand and retention, particularly for working professionals with commute-friendly access. Notable employers within driving distance include Ryder, Symantec, Prudential, Darden Restaurants, and Space Coast Aflac.
- Ryder — corporate offices (15.2 miles)
- Symantec — corporate offices (15.5 miles)
- Prudential — corporate offices (15.8 miles)
- Darden Restaurants — corporate offices (17.7 miles) — HQ
- Space Coast Aflac Region — corporate offices (34.3 miles)
Constructed in 1972, the property is older than nearby inventory, creating an avenue for value-add through targeted renovations and operational upgrades. Neighborhood occupancy trails stronger Orlando submarkets, but the renter-occupied share is exceptionally high, suggesting a deep tenant pool where execution on leasing, renewals, and basic curb appeal can translate into steadier performance over a hold period.
Within a 3-mile radius, population and households are projected to grow through 2028, with a sizable 18–34 cohort that supports demand for smaller, attainable units. According to commercial real estate analysis from WDSuite, neighborhood rents have trended upward over the last five years, while amenity access for restaurants, groceries, and pharmacies remains a local strength — factors that can support absorption as units are repositioned.
- Value-add potential: 1972 vintage allows for interior refresh and systems modernization to improve competitiveness.
- Deep renter base: very high renter-occupied share supports demand depth and leasing velocity.
- Demand drivers: young 3-mile radius demographics and projected population and household growth underpin occupancy stability.
- Location fundamentals: strong restaurant, grocery, and pharmacy access supports daily convenience for residents.
- Key risks: neighborhood occupancy is below metro norms and safety metrics trail averages; affordability pressure requires careful rent and renewal management.