Why Orlando Research Report

MULTIFAMILY SNAPSHOT | 3Q 2021

12,200 UNITS Under Construction

186,000 TOTAL INVENTORY

PRICE PSF $193,400

CAP RATE 5.5%

AVERAGE RENT/UNIT $1,611

DIRECT VACANCY 5.0%

YTD COMPLETIONS 5,800 UNITS

YTD ABSORPTION 14,000 UNITS

Why Orlando Report | 3Q21

Cushman & Wakefield | 18