| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Poor |
| Demographics | 23rd | Poor |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1701 Mabbette St, Kissimmee, FL, 34741, US |
| Region / Metro | Kissimmee |
| Year of Construction | 1975 |
| Units | 20 |
| Transaction Date | 2011-08-02 |
| Transaction Price | $5,088,000 |
| Buyer | OUTRIGGER INC |
| Seller | AIS GLOBAL INVESTMENTS LLC |
1701 Mabbette St Kissimmee Multifamily Value‑Add
Positioned in an amenity-rich inner suburb with durable renter demand, this asset benefits from a larger tenant base and commuting convenience, according to WDSuite’s CRE market data.
Located in Kissimmee’s Inner Suburb (Orlando–Kissimmee–Sanford metro), the property sits amid strong daily-needs coverage—groceries, pharmacies, parks, and cafes all register above national medians, and restaurant density is top quartile nationally. This coverage supports steady leasing and day‑to‑day convenience for renters, based on CRE market data from WDSuite.
Within a 3‑mile radius, an estimated 58% of housing units are renter‑occupied, pointing to a deep tenant pool and consistent demand for multifamily units. Neighborhood occupancy has trended higher in recent years, which can support income stability and leasing velocity through typical cycles.
The area’s ownership market skews higher cost relative to incomes (value‑to‑income above many U.S. neighborhoods), which tends to sustain reliance on rental housing and can aid pricing power and retention for well‑positioned properties. School ratings in the neighborhood track below national norms, which is a consideration for family‑oriented leasing strategies but does not diminish proximity advantages for workforce renters.
Vintage context: built in 1975, the asset is newer than the neighborhood’s average construction year. That positioning can be competitive versus older stock, while still warranting targeted modernization and systems planning to capture rent premiums and reduce ongoing capex exposure.
Relative to the Orlando–Kissimmee–Sanford metro, the neighborhood’s safety ranking sits below the metro median (ranked 327 among 465 neighborhoods), and it falls in a lower national safety percentile. For investors, this typically calls for thoughtful security features, lighting, and community engagement to support retention and asset performance over time.
Trend awareness matters: crime patterns can shift at the neighborhood level. Monitoring quarterly data and aligning onsite practices with local expectations can help stabilize operations without over‑relying on short‑term fluctuations.
Nearby corporate employers provide a broad employment base and commute convenience that can underpin renter demand and lease retention, including hospitality, industrial supplies, logistics, and financial services offices.
- Darden Restaurants — hospitality HQ (8.5 miles) — HQ
- Airgas Specialty Products — industrial gases (11.4 miles)
- Ryder — logistics (11.4 miles)
- Prudential — financial services (13.2 miles)
- Symantec — cybersecurity offices (33.5 miles)
This 1975, 20‑unit Kissimmee asset aligns with renter‑driven neighborhood dynamics: strong daily‑needs access, a sizable renter base within 3 miles, and improving neighborhood occupancy that supports income durability. The ownership market’s higher value‑to‑income profile often reinforces reliance on rental housing, aiding pricing power for well‑run properties. According to CRE market data from WDSuite, these factors collectively point to resilient demand fundamentals relative to many Inner Suburb locations.
From an operational standpoint, newer‑than‑area vintage offers a competitive edge versus older stock, while selective renovations and systems updates can unlock value‑add upside. Proximity to major employers widens the potential tenant pool and supports retention, though investors should plan for thoughtful security practices and tailored marketing where school quality is a consideration.
- Amenity‑rich inner‑suburb location with top‑quartile dining access and strong daily‑needs coverage supporting leasing
- Deep renter base within 3 miles and upward occupancy trend underpin demand and income stability
- 1975 vintage is newer than area average, with modernization and value‑add potential for rent lift
- Regional employment access (hospitality, logistics, services) supports tenant pool and retention
- Risks: below‑median metro safety ranking and lower school ratings require focused operations and leasing strategy