| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 23rd | Poor |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6310 Camellia Garden Dr, Orlando, FL, 32822, US |
| Region / Metro | Orlando |
| Year of Construction | 2004 |
| Units | 24 |
| Transaction Date | 2018-02-27 |
| Transaction Price | $16,931,400 |
| Buyer | SPT DOLPHIN CAMELLIA POINTE LLC |
| Seller | CAMELLIA POINTE LTD |
6310 Camellia Garden Dr Orlando 24-Unit Multifamily Investment
Neighborhood occupancy is firm and renter demand is deep, according to WDSuite’s CRE market data, with stability supported by a majority of renter-occupied housing in the surrounding area. These are neighborhood-level indicators, not property performance, and they point to durable leasing fundamentals.
Located in Orlando’s inner suburbs, the property sits in a neighborhood rated C among 465 metro neighborhoods, with fundamentals that favor steady workforce housing demand. Neighborhood occupancy ranks in the top quartile among 465 Orlando-Kissimmee-Sanford neighborhoods, suggesting comparatively stable leasing conditions relative to the metro.
Livability is anchored by strong daily needs access: grocery density ranks among the better-served areas of the metro, while cafes, parks, and pharmacies are limited nearby. School options trend below national norms (average ratings are lower), which may influence unit mix positioning toward working households rather than family-centric programming.
The renter-occupied share of housing units is high for the metro, indicating a deep tenant base and consistent turnover activity that can support absorption and retention. Median contract rents in the neighborhood are above the national median, which reinforces revenue potential but requires attention to value proposition and renewal strategies.
Within a 3-mile radius, recent years show population and household growth, with projections indicating further increases in households alongside smaller average household sizes. This points to more households in the area and a broader renter pool over time, supporting occupancy stability and leasing velocity for well-positioned assets.
Home values in the neighborhood are below the national median, which can create some competition from entry-level ownership options. For multifamily investors, that typically favors properties that emphasize convenience, well-maintained finishes, and professional management to sustain pricing power and renewals.
Safety indicators for the neighborhood are mixed relative to metro and national benchmarks. The area sits below national safety percentiles overall, but recent trends show improvement: both property and violent offense estimates declined over the past year. These are neighborhood-level measures across 465 Orlando-Kissimmee-Sanford neighborhoods and should be weighed alongside on-site security, lighting, and management practices.
For underwriting, frame safety as a neighborhood context factor rather than a property trait, monitor trend direction, and incorporate appropriate operating assumptions (e.g., access control and common-area visibility) to support resident retention.
Nearby employment anchors span logistics, financial services, restaurant corporate, cybersecurity, and industrial gases — a diversified base that supports renter demand and commute convenience for workforce residents.
- Ryder — logistics (8.1 miles)
- Prudential — financial services (9.1 miles)
- Darden Restaurants — restaurant corporate (10.5 miles) — HQ
- Symantec — cybersecurity (18.0 miles)
- Airgas Specialty Products — industrial gases (27.4 miles)
Built in 2004, the asset is newer than much of the surrounding housing stock, providing a competitive position versus older properties while leaving room for targeted modernization to drive rent premiums and reduce near-term capital exposure. Neighborhood occupancy trends are comparatively strong for the metro, and the surrounding area exhibits a high concentration of renter-occupied units — both supportive of stable demand and retention. According to CRE market data from WDSuite, neighborhood rents sit above national norms, reinforcing revenue potential for well-managed assets.
Within a 3-mile radius, population and households have grown, with forecasts pointing to more households and smaller average household sizes — conditions that typically expand the renter pool and support occupancy stability over time. Balance these positives with operating discipline: safety metrics are improving but remain below national benchmarks, and rent-to-income levels signal some affordability pressure that calls for careful renewal and pricing management.
- 2004 vintage offers competitive positioning versus older stock, with selective value-add potential
- Neighborhood occupancy sits among the stronger cohorts in the Orlando metro
- 3-mile household growth and smaller household sizes expand the tenant base and support lease-up/retention
- Above-national rent levels support revenue, contingent on maintaining a clear value proposition
- Risks: below-national safety benchmarks and affordability pressure require prudent pricing and operations