| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 55th | Good |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5903 Lee Vista Blvd, Orlando, FL, 32822, US |
| Region / Metro | Orlando |
| Year of Construction | 2004 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5903 Lee Vista Blvd Orlando Multifamily Investment
Renter-occupied housing is a defining feature of the surrounding neighborhood, supporting depth of tenant demand with convenient access to daily amenities, according to WDSuite’s CRE market data. Occupancy has been stable at the neighborhood level, with performance influenced more by local affordability and amenity-driven renter preferences than by new supply.
The property sits in an Inner Suburb setting that ranks 65 out of 465 Orlando–Kissimmee–Sanford neighborhoods, placing it in the top quartile among metro peers. Amenity access is a relative strength: restaurants and everyday retail score above many neighborhoods nationwide, with cafes, groceries, and pharmacies all testing well versus national norms. Park access is limited locally, so outdoor recreation typically relies on regional destinations rather than immediate neighborhood green space.
Renter concentration is notably high, with a large share of housing units renter-occupied in this neighborhood. For investors, that points to a broad tenant base and consistent leasing activity. By contrast, neighborhood occupancy trends sit below the national median, indicating that leasing performance may hinge on competitive positioning, amenity packages, and proactive management rather than market tightness alone.
Within a 3-mile radius, population and household counts have expanded in recent years, and projections call for further increases in households alongside smaller average household sizes. This pattern typically supports multifamily demand by adding more renters to the market and sustaining the local tenant pipeline. Income levels within the 3-mile radius are rising, which can help support rent growth where product quality and location fundamentals align.
Ownership costs in the neighborhood are elevated relative to incomes compared with many areas nationwide, reinforcing reliance on rental housing for a meaningful share of households. That environment can support pricing power for well-positioned assets, but it also warrants attention to rent-to-income ratios from a lease management standpoint to protect retention and minimize turnover risk.
Neighborhood safety ranks in the lower half of the Orlando–Kissimmee–Sanford metro (287 out of 465), and crime levels track below the national median for safety. Recent trends show modest year-over-year improvement in both property and violent offense measures, suggesting incremental progress rather than a step-change. Investors should underwrite appropriate security, lighting, and property management practices and compare performance to competitive submarkets when assessing leasing velocity and insurance assumptions.
Nearby corporate offices broaden the employment base and support renter demand through commute convenience, led by logistics, restaurant corporate, financial services, cybersecurity, and industrial gases employers listed below.
- Ryder — logistics (6.3 miles)
- Darden Restaurants — restaurant corporate (8.0 miles) — HQ
- Prudential — financial services (8.2 miles)
- Symantec — cybersecurity software (21.4 miles)
- Airgas Specialty Products — industrial gases (24.4 miles)
The surrounding neighborhood combines a metro-top-quartile location score with strong amenity access and a deep renter base, supporting ongoing leasing potential for well-positioned multifamily assets. While neighborhood occupancy trends sit below national medians, amenities and proximity to diversified employers help sustain demand for workforce and lifestyle renters. Based on commercial real estate analysis from WDSuite, operating performance at the neighborhood level compares favorably to many areas nationally, suggesting competitive potential for stabilized returns where execution is disciplined.
Investor focus should center on product differentiation and affordability-aware leasing. Ownership costs and rent-to-income dynamics indicate reliance on rental housing, which can aid pricing power for quality units but also requires attentive retention strategies. Local safety has shown incremental improvement; measured security and property management practices can further support tenant satisfaction and occupancy stability.
- Metro-top-quartile neighborhood rank with strong amenity access supporting daily convenience
- High renter-occupied share indicates depth of tenant demand and a broad leasing pipeline
- Diverse nearby employers help underpin demand across workforce and lifestyle segments
- Execution focus: below-median neighborhood occupancy requires competitive positioning and proactive leasing
- Risk factors: affordability pressure and below-median safety call for retention-minded operations and security measures