| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Fair |
| Demographics | 69th | Best |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 512 Margaret Ct, Orlando, FL, 32801, US |
| Region / Metro | Orlando |
| Year of Construction | 1979 |
| Units | 112 |
| Transaction Date | 2022-09-07 |
| Transaction Price | $28,855,000 |
| Buyer | KINNERET PRESERVATION LP |
| Seller | KINNERET II INC |
512 Margaret Ct Orlando Multifamily Investment
Neighborhood occupancy trends are resilient and renter demand is deep, according to WDSuite s CRE market data, positioning this 112-unit 1979 asset for durable performance within central Orlando.
Located in an Inner Suburb of Orlando, the property sits in a neighborhood rated C+ that shows solid renter fundamentals. Neighborhood occupancy is 94.8% and ranks in the top quartile among 465 Orlando-Kissimmee-Sanford neighborhoods, supporting income stability and lower downtime risk versus metro peers.
Renter-occupied housing accounts for 75.4% of units in the neighborhood (ranked among the top quartile locally), indicating a sizable tenant base for multifamily operators and depth for leasing pipelines. Median contract rent in the neighborhood is about $1,173 with meaningful 5-year growth, while the rent-to-income ratio of 0.40 suggests some affordability pressure that may warrant attentive renewal and pricing strategies.
Amenity density within the immediate neighborhood is limited for retail and daily-needs options, but park access rates strong, with park coverage performing in the 92nd percentile nationally. Investors should view the setting as primarily residential, with residents likely drawing on nearby districts for shopping and dining.
Demographic statistics aggregated within a 3-mile radius point to a growing and increasingly affluent renter pool: population grew over the last five years and is projected to expand further through 2028, households rose 9% and are forecast to increase substantially, and median household income is high for the region and rising. These trends—based on CRE market data from WDSuite—support sustained demand, smaller average household sizes over time, and sturdy leasing velocity for well-positioned units.
Home values in the neighborhood cluster around $365,000, an elevated ownership cost context that can reinforce reliance on multifamily housing and support tenant retention for competitively priced, updated product.
Safety indicators for the neighborhood sit around the national midpoint overall (crime at the 46th percentile nationally), with recent improvement in violent offense rates (down 13.5% year over year, a stronger improvement than most areas). Property offenses also declined modestly over the past year. Taken together, the trend is directionally positive, though investors should underwrite with typical inner-suburban diligence and monitor continuing changes at the neighborhood level.
Proximity to established corporate employers supports commute convenience and renter retention. Nearby employment centers include Prudential, Ryder, Darden Restaurants, and Symantec, which collectively diversify the white-collar employment base that feeds multifamily demand.
- Prudential — corporate offices (5.36 miles)
- Ryder — corporate offices (5.72 miles)
- Darden Restaurants — restaurant group HQ & corporate offices (8.67 miles) — HQ
- Symantec — software/security offices (16.62 miles)
- Airgas Specialty Products — industrial gases offices (25.53 miles)
This 1979, 112-unit multifamily asset benefits from a neighborhood with top-quartile occupancy within the Orlando-Kissimmee-Sanford metro and a high concentration of renter-occupied units, reinforcing income durability and leasing depth. The immediate area s limited retail density is balanced by strong park access and central Orlando connectivity, while elevated ownership costs locally tend to sustain reliance on rentals and support retention for updated product.
Demographic statistics aggregated within a 3-mile radius show population growth, a sizable increase in households ahead, and rising household incomes—factors that expand the tenant base and support occupancy stability. The 1979 vintage suggests clear value-add and capital planning opportunities to modernize interiors and building systems to compete against newer stock. According to CRE market data from WDSuite, neighborhood rents have grown meaningfully over five years, but a higher rent-to-income ratio indicates the need for disciplined renewal management and targeted amenity upgrades.
- Top-quartile neighborhood occupancy among 465 metro peers supports income stability
- High renter-occupied share signals deep leasing demand for multifamily
- 3-mile radius shows growing, higher-income households bolstering the tenant base
- 1979 vintage offers value-add potential via system and interior upgrades
- Risks: affordability pressure (higher rent-to-income), limited immediate retail, and typical older-asset CapEx