| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Good |
| Demographics | 69th | Best |
| Amenities | 23rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5759 Crowntree Ln, Orlando, FL, 32829, US |
| Region / Metro | Orlando |
| Year of Construction | 2008 |
| Units | 21 |
| Transaction Date | 2021-12-21 |
| Transaction Price | $91,000,000 |
| Buyer | CTL PROPERTY OWNER LLC |
| Seller | ATLAS CROWNTREE LAKES LLC |
5759 Crowntree Ln Orlando Multifamily Opportunity
2008-built, 21-unit asset in an inner-suburb location with stable renter demand and income levels that support leasing durability, according to CRE market data from WDSuite.
Neighborhood fundamentals and renter demand
Situated in the Orlando–Kissimmee–Sanford inner suburbs, the neighborhood holds a B rating and ranks 194th out of 465 metro neighborhoods, placing it above the metro median. Schools test well for the area—the average school rating ranks 15th of 465 (top quartile in the metro and 84th percentile nationally). These education dynamics can aid family-oriented leasing and support retention.
Neighborhood renter-occupied share is roughly one-third of housing, indicating a meaningful tenant base for a 21-unit property. While overall neighborhood occupancy trails national norms, contract rents benchmark in the upper tier nationally and local median household incomes rank above many neighborhoods, which can support collections and renewal performance. Home values are elevated for the metro context, reinforcing reliance on rental options and helping sustain pricing power.
Within a 3-mile radius, population and households increased over the past five years, pointing to a larger tenant base. Forecasts show further population growth with households projected to expand while average household size trends lower, which can diversify unit demand and support occupancy stability. Based on WDSuite’s multifamily property research, this demand profile is consistent with workforce-friendly suburban submarkets.
Amenity access is mixed: grocery coverage is present, but there are fewer cafes, restaurants, parks, and pharmacies than in denser urban nodes. Investors should view this as a suburban profile—commute-oriented with daily-needs retail—rather than a walkable entertainment hub.
Safety context
Neighborhood safety indicators sit near the national midpoint overall. Property offense rates show year-over-year improvement, with a notable decline relative to national peers, based on CRE market data from WDSuite.
Within the Orlando metro, the area performs competitively compared with many neighborhoods, though it is not among the very lowest-crime clusters. For investors, this suggests typical suburban risk management considerations rather than outlier conditions.
The immediate area draws from a diversified employment base accessible by car, supporting workforce housing demand and commute convenience for renters. Key employers include Ryder, Darden Restaurants, Prudential, Symantec, and Airgas Specialty Products.
- Ryder — logistics (9.8 miles)
- Darden Restaurants — restaurant group (11.4 miles) — HQ
- Prudential — financial services (11.6 miles)
- Symantec — cybersecurity offices (21.4 miles)
- Airgas Specialty Products — industrial gases (27.4 miles)
Why invest
Built in 2008, the property is newer than the neighborhood’s average vintage and should compete well against older stock, while investors can plan for mid-life system updates and selective unit modernization. Renter demand is underpinned by a sizable renter-occupied share, household income strength, and a 3-mile radius showing both recent growth and forward expansion in the household base—factors that support occupancy stability and renewal potential.
Neighborhood metrics are above the metro median overall, with schools in the top cohort locally. While neighborhood occupancy trails national norms, contract rents index high relative to peers, and homeownership costs in the area help sustain reliance on rental housing. According to CRE market data from WDSuite, safety trends show property offenses improving year over year, aligning with steady, suburban risk profiles rather than outliers.
- 2008 vintage offers competitive positioning versus older stock, with mid-life capex and value-add optionality
- Household growth within 3 miles expands the renter pool and supports occupancy stability
- High relative rent benchmarks and strong local incomes support collections and renewal performance
- Suburban amenity profile and mid-range safety—typical management needs, not an outlier
- Risk: neighborhood occupancy below national norms may temper near-term pricing power