| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Good |
| Demographics | 50th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 S Woodberry Dr, Debary, FL, 32713, US |
| Region / Metro | Debary |
| Year of Construction | 1983 |
| Units | 28 |
| Transaction Date | 1983-01-15 |
| Transaction Price | $75,000 |
| Buyer | HALLMAERK DEBRAY VILLAS LLC |
| Seller | DEBARY VILAS LTD |
100 S Woodberry Dr Debary Multifamily Investment
Neighborhood occupancy trends sit above the Deltona–Daytona Beach–Ormond Beach metro median, pointing to steady tenant retention, according to WDSuite’s CRE market data. Pricing power is supported by a high-cost ownership backdrop that sustains reliance on rental housing.
Set within a suburban pocket of Debary, the neighborhood rates highly within the metro (A grade; rank 10 of 159), indicating solid fundamentals for multifamily demand. Amenity access ranks in the top quartile among 159 metro neighborhoods, with restaurants, groceries, pharmacies, and parks scoring above national norms, which supports day-to-day convenience and lease retention for renters.
Renter-occupied housing represents a smaller share of units at the neighborhood level (17.6% renter concentration), which suggests a predominantly owner-occupied area. For investors, this can translate into selective but stable renter demand and potentially lower turnover, while the broader 3-mile radius still provides a meaningful tenant base with 27.8% of units renter-occupied, helping support leasing depth.
Home values are elevated relative to many U.S. neighborhoods, reinforcing renter reliance on multifamily housing and supporting occupancy stability. Rent-to-income levels are favorable by national standards, indicating manageable affordability pressure that can aid renewal rates and revenue consistency.
Vintage context matters: the neighborhood’s average construction year skews newer (2002), while this property was built in 1983. The older vintage may require capital planning for systems and common areas, but it also presents value-add potential through targeted renovations to compete effectively with newer stock.
Within a 3-mile radius, population and household counts have been expanding and are projected to continue growing, pointing to a larger tenant base over the next five years. This projected increase, alongside solid neighborhood amenities, supports leasing visibility for well-managed properties.
Comparable safety insights at the neighborhood level are not available in the provided dataset. Investors typically benchmark conditions against city and metro trends and review multi-year patterns rather than block-level anecdotes. Local due diligence (e.g., municipal data and property-level incident histories) can help contextualize risk and inform underwriting.
Nearby employers include technology, insurance, logistics, restaurant corporate, and environmental services firms, supporting a diverse commuter base and helping underpin renter demand and retention.
- Symantec — cybersecurity/software (9.4 miles)
- Prudential — insurance (30.1 miles)
- Ryder — logistics and transportation (31.4 miles)
- Darden Restaurants — restaurant corporate offices (34.4 miles) — HQ
- Waste Management — environmental services (36.4 miles)
100 S Woodberry Dr offers a 28-unit footprint in a suburban Debary neighborhood that ranks near the top of the metro for overall fundamentals. Occupancy at the neighborhood level trends above the metro median, and elevated ownership costs in the area help sustain reliance on rentals, supporting tenant retention and revenue durability. According to CRE market data from WDSuite, local amenities score above national norms, which can bolster leasing and reduce friction at renewal.
Built in 1983, the asset is older than the neighborhood’s average vintage, indicating potential value-add upside through targeted interior and common-area improvements alongside prudent capital planning for aging systems. Within a 3-mile radius, population and households are growing and are projected to continue expanding, pointing to a larger renter pool and additional support for occupancy and leasing over the next cycle.
- Above-metro neighborhood occupancy supports stable revenue management
- Elevated ownership costs reinforce multifamily demand and lease retention
- Amenity-rich area aids leasing velocity and renewal outcomes
- 1983 vintage presents value-add potential with targeted renovations
- Risks: older systems may require near-term CapEx; renter concentration is lower in the immediate neighborhood, which can moderate lease-up pace