| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 48th | Fair |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3850 Wd Judge Dr, Orlando, FL, 32808, US |
| Region / Metro | Orlando |
| Year of Construction | 1981 |
| Units | 50 |
| Transaction Date | 2008-02-15 |
| Transaction Price | $4,300,100 |
| Buyer | HOUSING AUTHORITY OF THE CITY OF ORLANDO |
| Seller | ANTIOCH DEVELOPMENT CORP |
3850 Wd Judge Dr Orlando 50-Unit Multifamily
Deep renter demand and amenity access in this Inner Suburb support neighborhood-level occupancy stability, according to WDSuite’s commercial real estate analysis.
Rated A- and ranking 94 out of 465 Orlando-Kissimmee-Sanford neighborhoods, this Inner Suburb location sits in the top quartile metro-wide for overall positioning, based on CRE market data from WDSuite. Amenity density is competitive among Orlando neighborhoods, with grocery, dining, pharmacies, parks, and cafes in reach — a practical foundation for resident convenience and day-to-day livability.
Neighborhood occupancy is near the metro median, while the share of housing units that are renter-occupied is elevated (57.5%), indicating a deep tenant base and support for leasing velocity. Median contract rents in the immediate area are moderate relative to high-cost ownership nearby, and a favorable rent-to-income profile suggests room for pricing without outsized retention risk, contingent on asset positioning and operations.
Within a 3-mile radius, the population is stable today with projections calling for meaningful population growth and a larger household count over the next five years. Forecasts also point to smaller average household sizes, which can expand the renter pool and support occupancy stability for appropriately sized units.
Home values in the neighborhood track well above national norms and are high relative to local incomes, reinforcing renter reliance on multifamily housing and supporting demand depth. Average school ratings in the area trend below national averages; investors may want to tailor unit finishes, amenity mix, and marketing to household segments for whom school quality is a secondary factor.
Safety indicators for the neighborhood are below national norms, reflecting higher reported violent and property incident rates compared with many U.S. neighborhoods. Recent year readings show notable declines in both categories, which is a constructive trend but not a guarantee of continued improvement. Investors should underwrite appropriate security, lighting, and resident engagement measures and compare trends to nearby Orlando submarkets when calibrating expense and leasing assumptions.
Nearby corporate offices provide a diverse employment base that supports renter demand and commute convenience, particularly for insurance, logistics, restaurant corporate functions, cybersecurity, and industrial gases.
- Prudential — insurance (5.2 miles)
- Ryder — logistics (6.9 miles)
- Darden Restaurants — restaurant corporate (9.7 miles) — HQ
- Symantec — cybersecurity (15.6 miles)
- Airgas Specialty Products — industrial gases (25.6 miles)
This 50-unit asset benefits from a top-quartile neighborhood position within the Orlando-Kissimmee-Sanford metro and a high concentration of renter-occupied housing units, which supports demand depth and leasing stability. Neighborhood rents are moderate relative to a high-cost ownership market, and a favorable rent-to-income profile suggests operational room to manage pricing while sustaining retention, per WDSuite’s CRE market data. Proximity to a diverse set of employers further underpins weekday traffic and renewals.
Forward-looking metrics within a 3-mile radius point to population growth, a larger household base, and smaller average household sizes — dynamics that can expand the renter pool and support occupancy over time. Headwinds include safety metrics that trail national norms and below-average school ratings, which argue for pragmatic security planning and targeted marketing.
- Top-quartile neighborhood rank (94 of 465) in the Orlando metro supports long-term leasing fundamentals
- Elevated renter-occupied share signals a deep tenant base for multifamily demand
- Favorable rent-to-income conditions and high ownership costs reinforce pricing power potential
- 3-mile forecasts show population and household growth that can support occupancy stability
- Risks: below-national safety and school ratings warrant prudent security budgeting and leasing strategy