| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 35th | Poor |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3997 Rosewood Way, Orlando, FL, 32808, US |
| Region / Metro | Orlando |
| Year of Construction | 1984 |
| Units | 36 |
| Transaction Date | 2012-05-14 |
| Transaction Price | $5,186,000 |
| Buyer | BROOKSIDE APTS LLC |
| Seller | TZADIK EAGLE RESERVE LLC |
3997 Rosewood Way Orlando Multifamily Investment
Neighborhood occupancy has held near the metro median with a very high renter-occupied share supporting tenant depth, according to WDSuite’s CRE market data. This positioning suggests steady leasing potential for workforce-oriented units in Orlando’s inner suburb without relying on premium pricing.
Located in an Inner Suburb of Orlando, the neighborhood rates B- and sits near the metro median overall (rank 235 among 465 metro neighborhoods). For daily needs, grocery and pharmacy access are strengths—both place in high national percentiles—while restaurants are reasonably available and cafes and parks are limited. These dynamics point to functional convenience for residents, albeit with fewer lifestyle amenities than top-tier submarkets.
Multifamily fundamentals are balanced: neighborhood occupancy is in the low 90s and broadly stable over the past five years, indicating resilient demand and manageable turnover. Renter concentration is very high (top nationally), which expands the local tenant base and can support consistent leasing for conventional units.
Within a 3-mile radius, demographics show recent population and household growth, with WDSuite data indicating a larger resident base compared to five years ago. Forward-looking estimates point to households continuing to expand even if population growth moderates, implying smaller household sizes and a wider pool of prospective renters—an important consideration for unit mix and renewal strategy.
Ownership costs in the neighborhood are relatively high compared with local incomes (elevated value-to-income ratio), which tends to sustain reliance on rentals and can aid pricing power. At the same time, rent-to-income levels suggest some affordability pressure, so operators should emphasize renewals and rent-setting discipline to protect retention.
Safety outcomes are around the metro median (ranked near the midpoint among 465 Orlando–Kissimmee–Sanford neighborhoods) and below the national median. Recent trends are mixed but directionally constructive: property offenses declined year over year, while violent offense rates were roughly flat to modestly lower, based on WDSuite’s CRE data. Investors should underwrite to typical inner-suburban risk management and consider lighting, access control, and community programming as part of operations.
The area draws on a diversified employment base that supports renter demand and commute convenience, including Prudential, Ryder, Symantec, Darden Restaurants, and Airgas Specialty Products.
- Prudential — corporate offices (8.6 miles)
- Ryder — corporate offices (10.4 miles)
- Symantec — corporate offices (12.3 miles)
- Darden Restaurants — corporate offices (13.2 miles) — HQ
- Airgas Specialty Products — corporate offices (28.7 miles)
This 36-unit asset benefits from a renter-heavy neighborhood where occupancy has been steady near the metro median, supporting baseline leasing stability. Daily-needs retail is a relative advantage (strong grocery and pharmacy access), and within a 3-mile radius the tenant base has expanded in recent years with households projected to continue rising, which aligns with sustained multifamily demand. According to CRE market data from WDSuite, ownership costs are elevated relative to local incomes, reinforcing reliance on rental housing and potential pricing power.
Key considerations include measured affordability pressure and safety that is below the national median but near the metro midpoint—both manageable with conservative underwriting and active operations. Given balanced fundamentals and a deep renter pool, the property’s performance should track neighborhood dynamics rather than depend on outsized rent growth.
- Renter-heavy neighborhood supports consistent tenant demand and renewals
- Stable neighborhood occupancy near metro median aids leasing visibility
- Strong grocery and pharmacy access underpins day-to-day livability
- Household growth within 3 miles enlarges the prospective renter pool
- Risks: affordability pressure and safety below national median warrant prudent rent-setting and property management