Multifamily Housing
5087 Commander Drive Orlando, FL 32822
Details & Description
Call for Pricing
    Mill Creek Apartments is a 312-unit affordable housing community located in Orlando, Florida. Situated in a quiet residential setting, residents enjoy peaceful surroundings, an array of amenities, and easy access to shopping, dining, entertainment, education, and major transportation arteries. The property is situated in the heart of Orlando and minutes from employment opportunities such as the Orlando International Airport, healthcare facilities- Florida Hospital and Orlando Health; theme parks- Sea World, Walt Disney World, and Universal Studios; and several institutions of higher education- University Of Central Florida and Valencia College.The property was built and placed in service in 2006 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 60% of Area Median Income (AMI) limits, which are provided by the Florida Housing Finance Corporation. The property is beyond its initial tax credit compliance period. Please see the Property Summary page or Unit Mix page for further details.Residents benefit from an array of community amenities such as a swimming pool with sun deck, an on-site fitness center, a computer lab, a putting green, a playground, and a clubhouse. The property offers one, two, and three bedroom units that include a patio/balcony, 9-foot ceilings with fans, large walk-in closets, washer & dryer connections, six-panel doors, and a fully equipped kitchen with a large pantry and energy efficient appliances.
    Listing Agents
    Jeff Irish

    O: 208-286-5013
    jeff.irish@berkadia.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5087 Commander Drive

    Orlando, FL 32822

    Listing ID: 198553
    5087 Commander Drive Orlando, FL 32822 | for Sale | Photo 1
    Building Size: 295,000 SF
    Lot Size: 5.000 AC
    Land Size: 217,800 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Mill Creek Apartments is a 312-unit affordable housing community located in Orlando, Florida. Situated in a quiet residential setting, residents enjoy peaceful surroundings, an array of amenities, and easy access to shopping, dining, entertainment, education, and major transportation arteries. The property is situated in the heart of Orlando and minutes from employment opportunities such as the Orlando International Airport, healthcare facilities- Florida Hospital and Orlando Health; theme parks- Sea World, Walt Disney World, and Universal Studios; and several institutions of higher education- University Of Central Florida and Valencia College.

    The property was built and placed in service in 2006 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 60% of Area Median Income (AMI) limits, which are provided by the Florida Housing Finance Corporation. The property is beyond its initial tax credit compliance period. Please see the Property Summary page or Unit Mix page for further details.

    Residents benefit from an array of community amenities such as a swimming pool with sun deck, an on-site fitness center, a computer lab, a putting green, a playground, and a clubhouse. The property offers one, two, and three bedroom units that include a patio/balcony, 9-foot ceilings with fans, large walk-in closets, washer & dryer connections, six-panel doors, and a fully equipped kitchen with a large pantry and energy efficient appliances.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Orlando History of Multifamily Housing for Sale

    Orlando Area Market Trends

    Listing Demographics for 5087 Commander Drive Orlando, FL 32822

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population17,040119,773240,983
    Population Median Age363838
    Population by Age0-9 Yrs2098 (12%)14285 (11%)28005 (11%)
    10-19 Yrs2382 (13%)12951 (10%)26093 (10%)
    20-29 Yrs2489 (14%)17911 (14%)35802 (14%)
    30-39 Yrs2515 (14%)20246 (16%)41347 (17%)
    40-49 Yrs2755 (16%)15560 (12%)31664 (13%)
    50-59 Yrs1920 (11%)15328 (12%)31528 (13%)
    60-69 Yrs1670 (9%)12574 (10%)25146 (10%)
    70+ Yrs1211 (7%)10918 (9%)21397 (8%)
    Median HH Income$38,456$48,231$54,015
    Total Household Income< 24K1741 (27%)10113 (22%)17938 (20%)
    25-49K2233 (35%)12736 (28%)23021 (26%)
    50-74K1249 (19%)8929 (20%)17258 (19%)
    75-99K503 (7%)4716 (10%)10563 (11%)
    100-199K440 (6%)6068 (13%)15158 (17%)
    200K+150 (2%)1506 (3%)4376 (4%)
    Highest Education LevelNo Diploma1523982619656
    Diploma or GED38022536547726
    Some College21851560231042
    Assoc. Degree13231048919702
    Bachelors Degree17941632936628
    Higher Degree670672916693
    Total Housing Units7,20749,625100,069
    --Owner-Occupied2,73722,26448,650
    --Renter-Occupied3,57921,80439,664
    Owner-Occupied Values< 100K125947557266
    100-199K793737815190
    200-299K495572913842
    300-399K13426346669
    400-499K66402335
    500K+5111293349
    Total Working Age Population13,44597,012195,659
    In Work Force8,67763,854131,546
    Not In Work Force4,76833,15864,113
    Workforce Employed8,06160,524124,976
    Workforce Unemployed6133,2416,414
    Civlian Workforce8,67463,766131,390
    Military Workforce388156
    Total Households6,31644,06988,314
    Family Households3,98727,66955,589
    Non-Family Households2,32916,39932,725
    Married Couple2,16717,43537,209
    Other Family1,82010,23418,380
    Married w/Child8856,63314,370
    Single Male w/Child2401,1922,378
    Single Female w/Child9324,2797,347

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Orange County896,344+281,145,956+241,415,511+201,693,977

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Multifamily property in Orlando, FL?
    The size of the building/unit at 5087 Commander Drive in Orlando is 295,000 square feet
    How much land does the Orlando, FL property at 5087 Commander Drive include?
    5087 Commander Drive in Orlando includes 5.000 acres of land
    What is the population within 1 mile of 5087 Commander Drive in Orlando?
    The population within 1 mile of 5087 Commander Drive Orlando, FL 32822 is 17,040 people.
    Who do I contact for questions about 5087 Commander Drive?
    You should contact the listing agent, Jeff Irish, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1010 Park Ridge Circle, Kissimmee, FL $22,000,000 411206 9.44
    Hudson Valley Dr, Poinciana, FL $699,900 452152 10.38
    650 Dixon Boulevard, Cocoa, FL $4,900,000 28400 1
    93 Brevard Avenue, Cocoa, FL $1,600,000 13152 0.12
    475 Umatilla Boulevard, Umatilla, FL $1,215,000 10000 0.53
    1175 Bentley Road, Leesburg, FL $5,325,000 41074 1
    815 Washington Street, Leesburg, FL $2,300,000 10435 1
    Winners Cir, Lady Lake, FL $1,320,000 10660 1
    3034 Lipscomb Street, Melbourne, FL $2,000,000 13160 1
    209 South Ridgewood Avenue, Daytona Beach, FL $1,400,000 5000 0.5

    Closest Commercial Airports

    Airport Distance (mi)
    Orlando International Airport (MCO) 4
    Orlando Sanford International Airport (SFB) 20
    Daytona Beach International Airport (DAB) 50