| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 33rd | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3000 Marta Cir, Kissimmee, FL, 34741, US |
| Region / Metro | Kissimmee |
| Year of Construction | 2007 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3000 Marta Cir Kissimmee 29-Unit Multifamily Investment
Neighborhood occupancy is around 95% with a renter-occupied share near 65%, indicating a deep tenant base for stable leasing, according to WDSuite’s CRE market data.
Situated in Kissimmee’s inner-suburban fabric, the property benefits from neighborhood fundamentals that are competitive within the Orlando-Kissimmee-Sanford metro. The area ranks in the top quartile among 465 metro neighborhoods for overall housing metrics and posts occupancy that is also top quartile in the metro, a constructive signal for income stability and retention.
Daily-needs access is a strength: restaurant and grocery density sits in the top quartile nationally, and pharmacies trend above national medians. While park access is limited within the immediate neighborhood, the broader amenity mix (cafes, childcare, and retail) supports day-to-day convenience that underpins renter satisfaction and reduces turnover risk.
Renter concentration is high for the area (about two-thirds of housing units are renter-occupied), indicating a broad tenant pool for multifamily. Median asking rents in the neighborhood trend above the metro median, reinforcing pricing power; however, lease management should account for household incomes that skew below national averages to sustain absorption and renewals.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with projections calling for continued expansion through 2028. This points to a larger tenant base and supports occupancy durability, especially for well-maintained assets offering practical floor plans and access to employment corridors.
Built in 2007, the asset is newer than the neighborhood’s average vintage (mid-1990s). That positioning generally helps competitiveness versus older stock, while still leaving room for selective modernization (common areas, in-unit finishes, and systems) to drive rent premiums without overextending capital plans.
Safety outcomes in the neighborhood track below the national midpoint, and the area sits slightly below the metro median among 465 neighborhoods. Recent data, however, indicates a year-over-year decline in property offenses, suggesting some easing in non-violent incident rates. Investors should calibrate underwriting with sensible security measures and resident experience initiatives common to inner-suburban Orlando submarkets.
The location serves a diverse employment base anchored by corporate services, logistics, and technology—supporting workforce housing demand and commute convenience to nearby offices for Darden Restaurants, Ryder, Prudential, Airgas Specialty Products, and Symantec.
- Darden Restaurants — restaurant corporate HQ (5.5 miles) — HQ
- Ryder — logistics and fleet management (8.4 miles)
- Prudential — insurance and financial services (10.2 miles)
- Airgas Specialty Products — industrial gases and chemicals (13.4 miles)
- Symantec — cybersecurity and software (30.4 miles)
This 29-unit, 2007-vintage asset aligns with neighborhood fundamentals that are above the metro median for housing quality and occupancy, supporting income stability. The surrounding area shows a high renter-occupied share, ample daily-needs access, and proximity to diversified employers—factors that deepen the tenant base and aid retention. Based on CRE market data from WDSuite, the neighborhood’s occupancy trends are competitive, while a newer-than-average vintage offers relative positioning versus older local stock with targeted value-add potential.
Demographic statistics aggregated within a 3-mile radius point to recent growth and continued expansion in households through 2028, which should translate into a larger renter pool. Affordability requires attention—rent-to-income ratios in the neighborhood are elevated—so disciplined rent setting and measured renovations can protect lease-up velocity and renewals while capturing incremental upside.
- Competitive neighborhood occupancy and housing metrics support durable cash flow
- 2007 vintage provides an edge versus older stock with targeted modernization upside
- Strong daily-needs access and nearby employers reinforce tenant demand and retention
- Expanding 3-mile household base indicates a growing renter pool over the medium term
- Risks: below-national-median safety profile and elevated rent-to-income ratios require prudent leasing and capex planning