| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Poor |
| Demographics | 39th | Fair |
| Amenities | 39th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8002 Augusta Blvd, Hudson, FL, 34667, US |
| Region / Metro | Hudson |
| Year of Construction | 2007 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8002 Augusta Blvd, Hudson FL — 20-Unit Multifamily
Positioned in a predominantly owner-occupied pocket of Hudson, the property benefits from manageable renter affordability and a growing household base in the 3-mile area, according to WDSuite’s CRE market data. Forward household growth supports leasing stability while moderating rent levels help retention.
Hudson sits on the northern edge of the Tampa–St. Petersburg–Clearwater metro with a Rural neighborhood profile and a C rating among 710 metro neighborhoods. Local amenities are modest but practical: grocery and parks density trends in the mid-range nationally, while cafes rank stronger than average. Pharmacies and childcare options are sparse, so residents lean on nearby corridors for services. This setup appeals to renters prioritizing value and quieter surroundings over urban convenience.
Neighborhood occupancy measures below national benchmarks, signaling a competitive leasing environment; however, median contract rents track in the mid-range nationally, which can help balance pricing power with retention. The property s 2007 construction is newer than the area s average 1989 vintage, positioning it competitively against older stock while leaving room for selective modernization as building systems age.
Tenure dynamics point to a smaller renter base at the neighborhood level (renter-occupied share around one-fifth of units), with the 3-mile radius showing roughly one-quarter renter concentration. For investors, that indicates a defined but durable pool of renters rather than transient turnover, suggesting steady demand for well-managed multifamily assets.
Demographics within a 3-mile radius show recent softness in population alongside a slight rise in household counts, and forecasts point to an increase in both households and population by 2028. This implies a larger tenant base over the medium term and supports occupancy stability for quality units. Elevated home values for the area, paired with a moderate rent-to-income ratio, reinforce renter reliance on multifamily housing while helping lease retention, based on CRE market data from WDSuite.
Compared to neighborhoods nationwide, reported property crime levels are favorable (high national safety percentile), and violent offense levels also compare well on a national basis. That said, recent year-over-year trends show some uptick in violent incidents, so prudent operators may monitor public safety data and coordinate with resident communication and lighting/security best practices.
At the metro scale, the area performs competitively relative to broader Tampa–St. Petersburg–Clearwater patterns, but safety conditions can vary by corridor. Investors should consider standard due diligence such as reviewing recent police blotter summaries and visiting at multiple times of day to validate on-the-ground conditions.
Regional employment is anchored by finance, healthcare, and technology offices within commuting range, supporting renter demand through diverse white-collar and services roles. The employers below reflect the nearest concentration tied to these sectors.
- Raymond James — finance offices (23.0 miles)
- Wellcare Health Plans — healthcare services (25.7 miles) — HQ
- MetLife Insurance Company — insurance (25.8 miles)
- Tech Data — IT distribution (32.4 miles) — HQ
- Raymond James Financial — finance (34.5 miles) — HQ
This 20-unit 2007-vintage property in Hudson offers relative competitiveness versus older neighborhood stock, with unit quality that can support steady absorption in a value-oriented submarket. Neighborhood occupancy trends sit below national norms, but median rent levels are moderate and the 3-mile area is projected to add households, which supports demand depth and leasing durability. According to CRE market data from WDSuite, the surrounding ownership landscape features elevated home values and a moderate rent-to-income ratio, reinforcing renter reliance on multifamily and aiding retention for well-managed assets.
Key considerations include measured amenity access, a renter pool that is smaller than urban cores yet stable, and safety metrics that compare favorably at the national level, with recent trends worth monitoring. Overall, the asset s newer vintage and manageable scale create options for light value-add, operational efficiency, and disciplined rent management.
- 2007 construction outcompetes older neighborhood stock; selective modernization can enhance positioning.
- Moderate rents and a projected increase in households within 3 miles support occupancy stability.
- Ownership costs in the area bolster renter reliance on multifamily, aiding lease retention.
- Diverse regional employers in finance, healthcare, and technology provide a broad commuting tenant base.
- Risks: neighborhood occupancy below national benchmarks and recent safety trend volatility call for proactive leasing and asset management.