| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Good |
| Demographics | 46th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1015 Country Club Park, Deland, FL, 32724, US |
| Region / Metro | Deland |
| Year of Construction | 1991 |
| Units | 20 |
| Transaction Date | 2014-01-28 |
| Transaction Price | $8,900,000 |
| Buyer | COUNTRY CLUB EQUITY ENTERPRISES LLC |
| Seller | DELAND CCP LLC |
1015 Country Club Park Deland Multifamily Investment Opportunity
Neighborhood occupancy is steady and competitive for the metro, supporting income stability, according to WDSuite’s CRE market data. Figures cited here reflect neighborhood conditions rather than the specific property.
The property sits in a suburban pocket of Deland rated A- among 159 metro neighborhoods, placing it in the top quartile locally. Neighborhood occupancy runs around 94% and ranks competitive among Deltona–Daytona Beach–Ormond Beach submarkets, a backdrop that typically supports renewal rates and modest pricing power through normal cycles.
Amenity access is solid for everyday needs: pharmacies and cafes rank in the top quartile or competitive range within the metro, and grocery availability is comparable to stronger suburban peers. Park access is limited, which can modestly temper lifestyle appeal; however, retail and daily services coverage helps offset that gap for many renters.
Renter-occupied share in the immediate neighborhood is relatively low, suggesting a more ownership-leaning area; however, demographics aggregated within a 3-mile radius show a larger renter base and continued population and household growth, which expands the tenant pool and supports occupancy stability over time. Median rents in the neighborhood benchmark above national medians, while the rent-to-income ratio sits low nationally, indicating relatively manageable rent burdens that can aid retention and measured rent growth management.
Home values are elevated relative to local incomes (high national percentile for value-to-income), a dynamic that tends to sustain reliance on rental housing and reinforce multifamily demand even as incomes rise. School options score below national averages but outperform many neighborhoods within the metro, a mixed signal that investors should weigh alongside leasing strategy and target renter profiles.
Neighborhood-level crime metrics for this area are not available in WDSuite at this time. Investors typically benchmark safety using citywide and metro trends, review multi-year directionality, and combine that with on-the-ground observations and property-level security considerations.
Regional employment is anchored by nearby corporate offices that draw a broad commuter base, supporting renter demand and lease retention potential for workforce-oriented housing. Notable employers include Symantec (cybersecurity), Prudential (insurance), Ryder (logistics), Waste Management (environmental services), and Darden Restaurants (hospitality/restaurant group).
- Symantec — cybersecurity (16.7 miles)
- Prudential — insurance (37.4 miles)
- Ryder — logistics (38.7 miles)
- Waste Management — environmental services (38.9 miles)
- Darden Restaurants — hospitality/restaurant group (41.7 miles) — HQ
Built in 1991, the asset is newer than much of the surrounding housing stock, offering a competitive position versus older properties while leaving room for targeted modernization and value-add upgrades as systems age. According to CRE market data from WDSuite, neighborhood occupancy trends remain above national medians and competitive within the metro, reinforcing income durability in typical operating environments.
Within a 3-mile radius, population and household counts have grown and are projected to continue expanding through 2028, broadening the tenant base and supporting leasing stability. Elevated home values relative to incomes point to a high-cost ownership market, which generally sustains renter reliance on multifamily. Balanced rent levels and a low rent-to-income profile nationally suggest scope for disciplined pricing while managing retention risk. Key considerations include limited park access, below-average national school ratings, and an ownership-leaning immediate neighborhood that may require broader marketing to capture regional renter demand.
- 1991 vintage offers competitive positioning with selective value-add upside
- Competitive neighborhood occupancy supports income stability
- 3-mile population and household growth expands the renter pool
- Elevated ownership costs reinforce multifamily demand and lease retention
- Risks: limited parks, below-national school scores, and lower renter concentration nearby