| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 35th | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4150 Eastgate Dr, Orlando, FL, 32839, US |
| Region / Metro | Orlando |
| Year of Construction | 2012 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4150 Eastgate Dr Orlando Multifamily Investment, 2012 Build
Newer construction and a deep renter base nearby point to durable leasing potential, according to WDSuite’s CRE market data. Neighborhood conditions warrant active management, but demand drivers within a 3-mile radius support long-term stability.
This inner-suburb location balances strong lifestyle access with mixed neighborhood fundamentals. Dining density is a standout—neighborhood restaurants trend among the top national percentiles—while pharmacies are also well represented; by contrast, immediate grocery and park options are thinner. For investors, that mix suggests convenience for residents and potential to capture value with on-site offerings or partnerships.
At the neighborhood level (measured against 465 metro neighborhoods), rents benchmark above many peers, and net operating income per unit trends in the top quintile nationally, based on CRE market data from WDSuite. However, neighborhood occupancy is softer than national norms, indicating that leasing and retention programs will be important to sustain performance.
Tenure patterns are supportive: the immediate neighborhood shows roughly half of housing units as renter-occupied, while the 3-mile radius reflects a higher renter concentration around seven in ten units. This depth of renter households points to a broad tenant base for multifamily, aiding leasing velocity and absorption.
Within a 3-mile radius, recent population and household counts edged down, but WDSuite’s outlook shows population growth and a notable increase in households over the next five years, implying smaller household sizes and a larger renter pool. Rising incomes in the same radius strengthen the case for steady demand, while a high-cost ownership context relative to incomes tends to reinforce reliance on rental housing. These trends, combined with the property’s 2012 vintage, favor competitive positioning versus older stock in nearby submarkets.
Safety indicators at the neighborhood level compare below national averages (national percentile in the lower third), placing it behind many Orlando metro neighborhoods out of 465. Recent trends are mixed: estimated property offenses show a year-over-year decline, while estimated violent offenses increased over the same period. For investors, this points to the importance of on-site security, lighting, and community engagement to support resident retention and leasing.
Nearby corporate offices provide a steady commuter base that supports renter demand and retention, led by Prudential, Ryder, Darden Restaurants, Airgas Specialty Products, and Symantec.
- Prudential — corporate offices (0.65 miles)
- Ryder — corporate offices (2.0 miles)
- Darden Restaurants — corporate offices (4.45 miles) — HQ
- Airgas Specialty Products — corporate offices (20.64 miles)
- Symantec — corporate offices (20.76 miles)
Built in 2012, this 27-unit asset offers a comparatively newer product in an inner-suburban pocket where many properties predate the late 2000s. That vintage provides a competitive edge versus older stock while still warranting forward capital planning for mid-life systems and potential common-area refreshes. According to CRE market data from WDSuite, neighborhood-level NOI per unit performs in the top quintile nationally, and the surrounding 3-mile area shows a large renter pool with forecast population growth and a meaningful increase in households—both supportive of leasing stability.
Investors should underwrite to a balanced case: neighborhood occupancy trends are softer than national norms and safety benchmarks lag national averages, which argues for active leasing, resident services, and security measures. At the same time, elevated ownership costs relative to local incomes tend to sustain renter reliance, and proximity to major employers supports commute convenience—factors that can aid retention and pricing power when managed carefully.
- 2012 construction provides competitive positioning versus older nearby stock, with manageable mid-life capital planning.
- Large 3-mile renter base and forecast growth in households expand the prospective tenant pool.
- Top-quintile neighborhood NOI per unit (nationally) supports margin potential, per WDSuite data.
- Risks: softer neighborhood occupancy and below-average safety metrics call for proactive leasing and site-level security.