| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 40th | Fair |
| Amenities | 46th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5560 Curry Ford Rd, Orlando, FL, 32822, US |
| Region / Metro | Orlando |
| Year of Construction | 1972 |
| Units | 23 |
| Transaction Date | 2011-01-27 |
| Transaction Price | $2,385,500 |
| Buyer | PELUCA INVESTMENTS LLC |
| Seller | PELU PROPERTIES LLC |
5560 Curry Ford Rd Orlando Multifamily Investment
Neighborhood occupancy is above the metro median with steady renter demand supported by strong amenity access, according to WDSuite’s CRE market data.
Located in Orlando’s Inner Suburb fabric, the area around 5560 Curry Ford Rd offers daily convenience: restaurants and cafes are dense for the metro (restaurants rank competitively among 465 neighborhoods and score in the top decile nationally), while grocery options are similarly strong. Park and pharmacy access is limited locally, which investors should consider for resident experience planning.
For multifamily fundamentals, the neighborhood’s occupancy rate sits above the metro median (competitive among Orlando-Kissimmee-Sanford neighborhoods), suggesting stable leasing conditions rather than prolonged vacancy. Median contract rents in the neighborhood track above many U.S. areas, and neighborhood NOI per unit trends above the national median, based on CRE market data from WDSuite. All of these metrics are measured at the neighborhood level, not the property.
Tenure patterns indicate depth in the renter base: the share of housing units that are renter-occupied is above the metro median, reinforcing demand for professionally managed apartments and supporting renewal potential. Elevated home value-to-income ratios versus national norms point to a relatively high-cost ownership market, which typically sustains reliance on multifamily housing and can help pricing power in stabilized assets.
Demographic statistics aggregated within a 3-mile radius show population growth over the past five years, with households and families increasing and average household size edging up modestly. Forward-looking projections indicate continued population growth and a notable increase in households alongside a smaller average household size, implying a larger tenant base and more one- to two-bedroom demand over time, which can support occupancy stability.
Vintage context: The property’s 1972 construction is older than the neighborhood average vintage, signaling potential capital planning for systems and common areas; it also presents value-add or modernization opportunities to differentiate from similarly aged stock.
Safety signals for the neighborhood are mixed. Compared with neighborhoods nationwide, overall safety sits below the midpoint (national percentiles indicate weaker performance), with both property and violent offense levels tracking below national averages for safety. However, year-over-year trends show improvement, as offense rates have declined more than many U.S. areas. These figures reflect neighborhood conditions rather than property-specific security, and they can shift over time.
Within the Orlando-Kissimmee-Sanford metro’s 465 neighborhoods, safety ranks place this area below the metro median, but the direction of change has been favorable recently. Investors typically account for this by emphasizing lighting, access control, and resident engagement when planning renovations and operations.
Nearby employers provide a diverse white-collar employment base that supports renter demand and commute convenience, including Ryder, Prudential, Darden Restaurants, Symantec, and Airgas Specialty Products.
- Ryder — logistics (7.3 miles)
- Prudential — financial services (8.2 miles)
- Darden Restaurants — restaurant corporate (9.9 miles) — HQ
- Symantec — software & cybersecurity (17.6 miles)
- Airgas Specialty Products — industrial gases (26.9 miles)
This 23-unit, 1972-vintage asset aligns with a neighborhood where occupancy is above the metro median and amenity access is strong, supporting day-to-day livability and leasing velocity. Elevated value-to-income ratios locally frame a high-cost ownership environment relative to incomes, which often sustains multifamily demand and can aid rent resilience through cycles. Based on commercial real estate analysis from WDSuite, neighborhood-level NOI per unit trends and rent positioning are competitive versus national medians, while 3-mile demographics point to a growing household base that can expand the renter pool.
The vintage implies potential capex for building systems, interiors, and common areas, but also provides clear value-add angles to differentiate versus similarly aged stock. Investors should underwrite affordability pressure (rent-to-income) and account for neighborhood safety variability and limited park/pharmacy amenities with appropriate operating and renovation plans.
- Occupancy above the metro median supports leasing stability and renewal potential.
- Strong nearby restaurant, cafe, and grocery density enhances renter appeal and retention.
- High-cost ownership context reinforces reliance on rentals, aiding pricing power in stabilized assets.
- 1972 vintage presents value-add opportunities alongside prudent capital planning for systems and finishes.
- Risks: affordability pressure (rent-to-income), safety performance below national midpoints, and limited park/pharmacy access.