| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 35th | Poor |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5225 Cinderlane Pkwy, Orlando, FL, 32808, US |
| Region / Metro | Orlando |
| Year of Construction | 1984 |
| Units | 36 |
| Transaction Date | 2016-08-01 |
| Transaction Price | $13,813,400 |
| Buyer | TZADIK EAGLE RESERVE LLC |
| Seller | --- |
5225 Cinderlane Pkwy Orlando Multifamily Investment
Neighborhood data points to stable occupancy and a deep renter pool that can support a 36-unit asset, according to WDSuite’s CRE market data. The area’s renter concentration and everyday amenities underpin consistent demand dynamics at the sub-neighborhood scale.
Located in an Inner Suburb of Orlando (neighborhood rating B-), the property sits in a renter-driven area where the share of housing units that are renter-occupied ranks near the top of the metro (ranked 2 out of 465), signaling depth of tenant demand for multifamily. Neighborhood occupancy trends are steady and comparable to the metro overall, supporting leasing durability rather than outsized volatility.
Daily-needs access is a relative strength: grocery stores and pharmacies are abundant compared with many neighborhoods nationally (both in higher national percentiles), while restaurants are present at competitive levels among Orlando neighborhoods. Park and cafe density are limited locally, which may slightly narrow lifestyle appeal versus top-tier urban cores, but does not diminish the neighborhood’s functionality for workforce renters.
Within a 3-mile radius, demographics show population growth over the past five years alongside an increase in households and families, expanding the near-term renter pool. Looking ahead, WDSuite data indicates households are projected to continue increasing even as average household size trends lower, implying more households per capita and sustained demand for rental units that support occupancy stability.
Home values in the neighborhood sit in a higher national percentile for value-to-income, indicating a relatively high-cost ownership market in context. For multifamily investors, this tends to reinforce renter reliance on apartments and can aid lease retention. At the same time, rising rents and a neighborhood rent-to-income ratio around the higher end suggest some affordability pressure; effective lease management and unit positioning will matter for pricing power and renewal outcomes.
Safety indicators for the neighborhood sit around the metro median (ranked 228 out of 465), while national comparisons place the area below average on safety. Recent trend data from WDSuite shows year-over-year declines in both property and violent offense estimates, a constructive directional signal that investors can monitor for continuity.
For underwriting, a balanced approach is prudent: benchmark comparable Inner Suburb assets in Orlando, weigh current levels against improving trends, and consider measures that support resident reassurance and retention.
Proximity to a diversified base of corporate offices supports workforce renter demand and commute convenience, notably in financial services, logistics, cybersecurity, and a major restaurant group headquarters that can aid leasing stability.
- Prudential — financial services (8.3 miles)
- Ryder — logistics & transportation (10.1 miles)
- Symantec — cybersecurity software (12.6 miles)
- Darden Restaurants — restaurant group (12.9 miles) — HQ
- Airgas Specialty Products — industrial gases (28.5 miles)
This 36-unit 1984 vintage asset is positioned in a renter-heavy Orlando neighborhood where steady occupancy and everyday amenity access support durable multifamily demand. The high renter-occupied share indicates a broad tenant base, while near-term demographic patterns within 3 miles — including recent population and household growth — contribute to leasing resilience. According to commercial real estate analysis from WDSuite, local rents have trended upward in line with metro dynamics, reinforcing the case for disciplined revenue management rather than outsized concessions.
Vintage positioning creates a clear value-add path: 1984 construction typically benefits from targeted upgrades to interiors, building systems, and curb appeal to stay competitive against newer stock. Counterbalancing strengths, investors should underwrite affordability sensitivity (given neighborhood rent-to-income readings) and incorporate measured assumptions for marketing and resident services, particularly as safety indicators track around metro median but below national benchmarks.
- Renter-heavy neighborhood supports a deep tenant pool and steady occupancy potential
- Daily-needs retail access (groceries, pharmacies) bolsters retention for workforce renters
- 1984 vintage offers value-add levers via selective renovations and system updates
- 3-mile household growth and smaller household sizes point to sustained rental demand
- Risks: affordability pressure and below-national safety readings warrant prudent underwriting