| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 42nd | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4341 Summit Creek Blvd, Orlando, FL, 32837, US |
| Region / Metro | Orlando |
| Year of Construction | 1999 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4341 Summit Creek Blvd Orlando Multifamily Investment
Positioned in an inner suburb with solid amenity access and a meaningful renter base, this asset benefits from steady tenant demand and proximity to major employment nodes, according to WDSuite’s CRE market data. Neighborhood occupancy and rent trends indicate room for operational upside while maintaining stable leasing fundamentals.
The property sits in an Inner Suburb of Orlando with a B+ neighborhood rating that is competitive among Orlando-Kissimmee-Sanford neighborhoods (130 out of 465). Amenity density is a relative strength: neighborhood measures show above-median access to groceries, restaurants, cafes, and pharmacies, supporting daily convenience and leasing appeal.
Vintage matters for positioning. Built in 1999, the asset is older than the neighborhood s average construction year (2006). For investors, that suggests planning for targeted capital improvements or value-add updates to enhance competitiveness versus newer stock, while still leveraging the submarket s renter demand.
Neighborhood rent levels benchmark above many areas nationally, and renter-occupied housing represents a substantial share of units. For multifamily investors, this points to a deep tenant pool and supports demand durability. At the same time, the neighborhood s measured occupancy rate trends below national medians, implying potential lease-up and management upside if operations are executed well.
Within a 3-mile radius, demographics indicate a large housing base with stable recent conditions and projections that call for growth in households and incomes over the next five years. That trajectory expands the local renter pool and can support occupancy stability and pricing power as new households form and more higher-income renters enter the market, based on CRE market data from WDSuite.
Home values in the neighborhood track above national midpoints. In investor terms, this high-cost ownership context tends to sustain rental demand and can aid retention, particularly for well-managed properties that balance rent levels with resident affordability.
Neighborhood safety indicators are mixed relative to national norms. Overall crime benchmarks around the lower half nationally, while recent data show property offense rates declining year over year an improving directional trend that supports leasing stability over time.
Violent offense measures sit below national medians and have been relatively steady, with a slight uptick in the latest period. Investors should underwrite typical urban-suburban risk controls (lighting, access management, and resident screening) and monitor trends at the neighborhood level rather than block-specific assumptions.
The location taps into a diverse employment base that supports renter demand and commute convenience, including restaurant headquarters, logistics, financial services, and industrial gases offices nearby.
- Darden Restaurants restaurant headquarters & shared services (2.96 miles) HQ
- Ryder logistics & fleet management offices (5.91 miles)
- Prudential financial services offices (7.59 miles)
- Airgas Specialty Products industrial gases offices (14.56 miles)
- Symantec cybersecurity offices (28.01 miles)
This 29-unit, 1999-vintage asset offers a value-add angle in a competitive Inner Suburb of Orlando where amenity access is strong and the renter base is deep. Neighborhood occupancy trends sit below national medians, suggesting room to drive leasing and operational gains, while rent levels and ownership costs support sustained renter reliance on multifamily housing. According to CRE market data from WDSuite, nearby employers and service amenities bolster day-to-day convenience and help support tenant retention.
Forward-looking demographics within a 3-mile radius indicate expanding households and higher incomes, which can translate into a larger tenant base and support for rent growth with disciplined affordability management. Investors should plan for selective capital improvements to modernize systems and finishes relative to newer neighborhood stock.
- Value-add potential: 1999 construction vs. newer neighborhood stock favors targeted renovations and operational improvements.
- Demand depth: substantial renter-occupied share and strong amenity access support leasing and retention.
- Location fundamentals: proximity to major employers underpins workforce demand and commute convenience.
- Demographic tailwinds: projected household and income growth within 3 miles expands the tenant base.
- Risks: neighborhood occupancy below national medians and mixed safety indicators warrant conservative underwriting and active management.