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Investment AnalysisLake CountyMulti-Family

Lake County Multi-Family Investment Opportunities

ROI

ROI Home Services Investment Team

October 5, 2024

Lake County Multi-Family Investment Opportunities

Lake County is emerging as one of Central Florida's fastest-growing multi-family markets, driven by affordability migration from Orange and Seminole counties and major infrastructure improvements.

Growth Drivers

  • 429 Wekiva Parkway completion improving connectivity to Orlando
  • Significant single-family price gap creating rental demand
  • Healthcare and retail development in Clermont and Mount Dora
  • Population growth of 3.2% annually, outpacing state average

Cap Rates & Returns

Multi-family cap rates in Lake County average 5.8-6.5%, approximately 50-75 basis points higher than comparable Orange County properties. Two-to-four unit properties offer particularly attractive returns for small investors entering the multi-family space.

Development Pipeline

Over 2,500 new multi-family units are in various stages of planning and development, primarily concentrated in Clermont, Leesburg, and the Mount Dora area. This new supply will be absorbed over the next 3-5 years given current demand trends.

Appraisal Services

ROI Home Services provides multi-family appraisals for 2-4 unit properties using both sales comparison and income approaches. For larger properties, we can coordinate with our commercial appraisal partners to ensure accurate valuations.

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