| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 69th | Best |
| Amenities | 67th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8700 Maitland Summit Blvd, Orlando, FL, 32810, US |
| Region / Metro | Orlando |
| Year of Construction | 2007 |
| Units | 73 |
| Transaction Date | 2005-06-14 |
| Transaction Price | $2,560,000 |
| Buyer | MR APARTMENTS LLC |
| Seller | ORLANDO SPORTSPLEX LTD |
8700 Maitland Summit Blvd Orlando Multifamily Opportunity
Newer suburban stock with a deep renter base and improving neighborhood fundamentals points to durable demand, according to WDSuite’s CRE market data. Occupancy has trended upward at the neighborhood level while rent levels remain manageable relative to incomes, supporting retention potential.
This Inner Suburb pocket of Orlando ranks competitive among 465 metro neighborhoods (Neighborhood Rating: A), with restaurants comparatively dense (around the 89th percentile nationally) and grocery/parks access above national norms. Cafés are limited, but everyday services such as pharmacies and childcare benchmark well, offering practical livability for renters.
Rents in the neighborhood have risen meaningfully over the past five years while the neighborhood occupancy rate has improved, indicating sustained renter demand and pricing capacity. At the same time, the rent-to-income relationship sits on the lower side versus national benchmarks, which can ease affordability pressure and support lease retention from an investor’s standpoint.
The property’s 2007 construction is newer than the neighborhood’s average 1979 vintage, providing a relative competitive edge versus older stock. Investors should still plan for normal mid-life capital items and potential modernization to keep positioning strong against recent deliveries.
Tenure data shows a high share of renter-occupied housing units in the neighborhood, signaling a sizable tenant base and depth for multifamily leasing. Within a 3-mile radius, population and households have grown over the last five years, and forecasts point to continued household growth alongside smaller average household sizes—factors that expand the renter pool and help support occupancy stability.
Home values in the area are elevated relative to incomes (high national percentile for value-to-income), which typically sustains reliance on multifamily rentals and can aid pricing power. Average school ratings are below national averages, which may influence family renter preferences; however, the amenity and employment access profile supports broader renter demand.
Safety indicators benchmark favorably at the national level, with violent-offense measures in the top quartile nationally and recent year-over-year declines noted, according to CRE market data from WDSuite. Property-offense metrics also sit above national averages for safety, and the most recent trend shows improvement.
As with any metro submarket, conditions can vary by micro-area and over time. Investors should incorporate property-level security, lighting, and design considerations into underwriting and compare trends against nearby Orlando neighborhoods for context.
Nearby corporate offices help underpin renter demand through commute convenience and a stable white-collar employment base. The following employers within driving range are most relevant to this submarket’s tenant pool.
- Symantec — software & cybersecurity offices (9.9 miles)
- Prudential — financial services offices (10.8 miles)
- Ryder — logistics & fleet services offices (12.3 miles)
- Darden Restaurants — corporate offices (15.2 miles) — HQ
- Airgas Specialty Products — industrial gases offices (31.2 miles)
8700 Maitland Summit Blvd offers newer-vintage suburban multifamily in a neighborhood that benchmarks strongly on amenities and employer access. The 2007 construction compares favorably to older local stock, supporting competitive positioning, while the neighborhood’s high share of renter-occupied units and improving occupancy trend point to a durable tenant base. Within a 3-mile radius, population and especially household counts have expanded, with forecasts indicating further household growth and smaller average household sizes—dynamics that typically translate into a larger renter pool and steadier leasing.
According to CRE market data from WDSuite, area home values are elevated relative to incomes, reinforcing reliance on rental housing and supporting pricing power. Neighborhood rents have climbed over the last five years, yet rent-to-income levels remain comparatively manageable, which can aid retention. Key watch items include below-average school ratings and normal mid-life CapEx for a 2007 asset, as well as monitoring future supply that could influence rent growth and lease-up velocity.
- Newer 2007 vintage versus older neighborhood stock supports competitive positioning
- High neighborhood renter-occupied share indicates depth of tenant demand
- Household growth within 3 miles and smaller household sizes expand the renter pool
- Elevated ownership costs bolster reliance on rentals and pricing power
- Risks: below-average school ratings; routine mid-life CapEx; track new supply and rent growth moderation