| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Good |
| Demographics | 57th | Best |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2000 15th Ct NW, Winter Haven, FL, 33881, US |
| Region / Metro | Winter Haven |
| Year of Construction | 1973 |
| Units | 30 |
| Transaction Date | 2022-10-13 |
| Transaction Price | $3,900,000 |
| Buyer | AQUA APARTMENT HOMES LLC |
| Seller | COURTLAND TERRACE WINTER HAVEN LLC |
2000 15th Ct NW Winter Haven Multifamily Opportunity
Positioned in a suburban Winter Haven pocket with steady renter demand and supportive ownership costs, this 30-unit asset benefits from local dynamics that favor lease retention, according to WDSuite’s CRE market data.
The property sits within the Lakeland–Winter Haven metro where the immediate neighborhood rates highly (A) and ranks 13 out of 184 metro neighborhoods, placing it in the top quartile for overall livability among local peers. Restaurants and daily-needs retail are reasonably accessible, with restaurant and grocery access performing competitively among metro areas, while pharmacies index above the metro median. Parks and cafes are limited nearby, which may modestly constrain lifestyle appeal for some resident segments.
Neighborhood-level occupancy is measured below many Lakeland–Winter Haven peers, which signals the need for active leasing and retention strategies at the asset level; this figure reflects the neighborhood, not the property. Median contract rents in the neighborhood have risen over the last five years, and the local rent-to-income profile indicates manageable affordability pressure, supporting pricing discipline without overextending residents.
Within a 3-mile radius, population and household counts have grown and are projected to continue expanding, creating a larger tenant base for multifamily operators. Renter-occupied housing accounts for roughly two-fifths of units in this 3-mile area, indicating a meaningful renter concentration that supports demand depth for a 30-unit community.
Home values in the neighborhood trend on the higher side relative to local incomes, a high-cost ownership context that tends to reinforce renter reliance on multifamily housing and can aid lease retention. School rating data is not available for this area; investors may wish to underwrite conservatively on family-driven demand and emphasize unit features, parking, and commute access.
Comparable safety metrics for this specific neighborhood are not available in the current dataset. Investors typically benchmark local conditions against Lakeland–Winter Haven metro trends and assess recent police reports and community resources to gauge stability over time. Any conclusions here should be framed at the neighborhood level rather than the property.
Nearby employers span distribution, retail headquarters, and industrial chemicals, supporting a broad workforce renter base and commute convenience for residents. The list below highlights corporate offices within a drivable radius that can underpin leasing stability.
- Airgas Specialty Products — industrial gases (15.2 miles)
- Publix Super Markets — retail HQ & corporate (16.7 miles) — HQ
- Mosaic — chemicals & mining (23.8 miles)
- Darden Restaurants — restaurant group (32.2 miles) — HQ
- Ryder — logistics & transportation (35.0 miles)
This 30-unit Winter Haven property offers scale for professional management and unit layouts averaging 836 square feet that work for workforce tenants and small families. Based on CRE market data from WDSuite, the surrounding neighborhood sits in the top tier among Lakeland–Winter Haven areas for overall quality, with grocery, pharmacy, and restaurant access that supports daily convenience. Neighborhood-level occupancy trends run softer than some metro peers, so disciplined leasing and retention should remain a focus.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, indicating a larger tenant pool and support for sustained occupancy. Neighborhood home values are elevated relative to local incomes, which typically sustains rental demand and can aid lease retention for well-managed assets. While amenity gaps like limited parks and cafes may cap top-of-market appeal, the area’s workforce employment base and accessible daily retail support stable operations.
- Top-tier neighborhood positioning within the Lakeland–Winter Haven metro supports renter demand and leasing velocity.
- Expanding 3-mile population and households point to a growing tenant base and occupancy stability.
- Elevated ownership costs in the area reinforce reliance on multifamily housing, aiding retention and pricing power.
- Unit sizes (~836 SF average) align with workforce and small-family demand profiles.
- Risk: Neighborhood-level occupancy trends are softer than some metro peers, requiring tight leasing and renewal management.