| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 29th | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8010 State Road 52, Hudson, FL, 34667, US |
| Region / Metro | Hudson |
| Year of Construction | 2001 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8010 State Road 52 — 60-Unit Hudson Multifamily
Built in 2001, this 60-unit asset offers relatively newer stock for Pasco County with steady workforce demand drivers nearby, according to WDSuite’s CRE market data. Neighborhood metrics indicate a smaller renter-occupied share, so performance will hinge on capturing regional renter demand and sustaining occupancy through competitive operations.
Located in an inner-suburban pocket of Hudson within the Tampa–St. Petersburg–Clearwater metro, the neighborhood carries a C- rating and shows mixed fundamentals. Grocery access is a relative strength, landing in the top quartile nationally, while restaurants are also competitive versus national peers. By contrast, parks, pharmacies, and cafes are sparse locally, suggesting residents rely more on regional corridors for certain amenities.
The property’s 2001 construction is newer than the neighborhood’s average 1986 vintage, which can support competitive positioning against older nearby stock; investors should still plan for selective system upgrades as the asset approaches mid-life. Neighborhood occupancy is on the lower side (below national averages), making leasing strategy and tenant retention key to stabilizing income.
Tenure patterns indicate a moderate renter concentration: neighborhood data show roughly a quarter of housing units are renter-occupied, pointing to a smaller immediate renter base but potential stability among households that remain in rentals. Within a 3-mile radius, households have increased over the last five years and are projected to grow further as average household size declines, which can expand the renter pool and support occupancy. Median contract rents in the 3-mile area have been rising and are forecast to continue increasing, based on CRE market data from WDSuite.
Ownership costs in this area are relatively accessible compared with high-cost coastal markets, which can introduce some competition with entry-level ownership. For multifamily investors, that dynamic underscores the importance of value, service quality, and convenience to strengthen lease retention and pricing power without stretching rent-to-income ratios.
Comparable neighborhood-level safety data are not available in WDSuite for this location. Investors typically benchmark conditions against city and county trends, evaluate on-site measures (lighting, access control), and review recent incident trends during diligence to understand how safety perceptions may influence leasing and retention.
The employment base features regional corporate offices within commuting distance, supporting workforce housing demand and lease retention. Key nearby employers include Raymond James, Wellcare Health Plans, MetLife, Tech Data, and Raymond James Financial.
- Raymond James — financial services offices (19.6 miles)
- Wellcare Health Plans — managed care (22.0 miles) — HQ
- MetLife Insurance Company — insurance (23.3 miles)
- Tech Data — technology distribution (28.5 miles) — HQ
- Raymond James Financial — financial services (30.6 miles) — HQ
This 60-unit, 2001-vintage property offers relatively newer product in an inner-suburban Hudson location where grocery access is a local strength and regional employers provide a broad commuter base. Within a 3-mile radius, household counts have grown and are projected to increase further alongside smaller household sizes, which can expand the renter pool and support occupancy. According to CRE market data from WDSuite, neighborhood renter concentration is moderate, so demand capture will rely on operational execution, competitive finishes, and practical amenities.
Investors should balance these positives with risks: neighborhood occupancy trends sit below national norms, and more accessible ownership options can compete with rentals. The 2001 construction positions the asset ahead of older local stock, but planning for mid-life capital (exteriors, common areas, and systems) can help sustain leasing velocity and retention as rents continue to trend upward at the area level.
- 2001 vintage offers a competitive edge versus older neighborhood stock with targeted modernization potential
- 3-mile household growth and smaller household sizes support a larger renter pool and occupancy stability
- Proximity to regional employers underpins workforce housing demand and lease retention
- Rising area rents provide room for value-oriented upgrades and revenue management
- Risks: below-average neighborhood occupancy and competition from ownership require disciplined leasing and pricing