| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 58th | Good |
| Amenities | 57th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2312 Discovery Pl, Kissimmee, FL, 34747, US |
| Region / Metro | Kissimmee |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2312 Discovery Pl Kissimmee Multifamily Investment
Positioned in a B+ rated suburban pocket of the Orlando-Kissimmee-Sanford metro, the asset benefits from a growing renter pool within a 3-mile radius, according to WDSuite’s CRE market data. Steady household and income gains support demand resilience while ownership costs in the area keep multifamily relevant for working professionals.
The property sits in a suburban neighborhood rated B+ and ranked 142 out of 465 metro neighborhoods, placing it above the metro median for overall fundamentals. Within a 3-mile radius, demographics point to continued renter pool expansion and rising household incomes, which supports occupancy stability and lease retention for multifamily owners.
Local amenity access is competitive among Orlando-Kissimmee-Sanford neighborhoods (amenities rank 135 of 465), with restaurants and grocery options performing above national midpoints. Cafes and parks track near the national middle to upper range, offering day-to-day convenience that helps with tenant attraction and renewals.
Tenure patterns within a 3-mile radius indicate a meaningful base of renter-occupied housing today, with projections showing a higher renter concentration by the forecast period. For investors, that suggests deeper tenant demand and support for stabilized operations rather than reliance on short-term lease-up.
Home values in the neighborhood are elevated versus many areas nationally, and value-to-income measures trend high. This creates a high-cost ownership environment that can sustain multifamily demand and reduce move-outs to ownership, while rent-to-income levels near the national low end of pressure support pricing power with measured lease management.
Safety indicators are mixed when viewed against both metro and national benchmarks. The neighborhood’s crime rank sits in the more competitive tier locally (130 of 465), suggesting performance better than many metro peers, while national percentiles land near mid-range overall.
Trend-wise, violent offense rates show notable year-over-year improvement, with declines placing the area in the top quartile nationally for positive momentum. Property offense levels, however, are comparatively higher than many neighborhoods nationwide, so investors should plan for standard security measures and community engagement consistent with suburban Orlando assets.
Proximity to regional employers supports renter demand through commute convenience and sector diversification, particularly across industrial gases, restaurants, logistics, and financial services.
- Airgas Specialty Products — industrial gases (6.6 miles)
- Darden Restaurants — restaurant HQ/management (12.5 miles) — HQ
- Ryder — logistics (15.0 miles)
- Prudential — financial services (15.0 miles)
This 24-unit multifamily asset benefits from a B+ suburban location that ranks above the metro median for overall fundamentals and shows healthy 3-mile household and income growth, supporting leasing durability. According to CRE market data from WDSuite, neighborhood rents are positioned in the upper range locally, while rent-to-income indicators point to manageable affordability pressure that can underpin retention.
Ownership costs in the area are relatively high compared to incomes, reinforcing reliance on rental housing and providing a buffer against move-outs to ownership. Key risks include softer neighborhood-level occupancy metrics reported for the area and somewhat elevated property offense levels versus national norms, warranting prudent leasing and security management.
- B+ suburban location ranked above the metro median among 465 neighborhoods, supporting demand fundamentals
- 3-mile radius shows population and household growth with rising incomes, expanding the tenant base
- Upper-range neighborhood rents with low rent-to-income pressure support retention and measured pricing
- High-cost ownership environment sustains renter reliance on multifamily, aiding leasing stability
- Risks: softer neighborhood occupancy readings and higher property offense levels vs. national averages