Magic Kingdom

Although short-term fundamentals lag, the long-term outlook remains positive for apartment owners in Orlando.

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Despite fluctuations in some key metrics, the Orlando, Fla., market offers investors solid returns and a positive outlook for the future.

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Despite fluctuations in some key metrics, the Orlando, Fla., market offers investors solid returns and a positive outlook for the future.

MFE DOZEN: Raleigh, N.C. (January) A not-so-sleepy Southern town

Houston (February) Lone Star success

Huntsville, Ala. (March) A military movement

Lexington/Louisville, Ky. (April) No blues in the Bluegrass State

Seattle (May) A city on the rise

Orlando (June) A heated market

Kansas City (July) Feeling Midwestern momentum

Colorado Springs, Colo. (August) Rocky Mountain growth

Philadelphia (September) Independent streak

Columbus, Ohio (October) The heart of it all

San Antonio (November) Big-time development

San Francisco (December) Bayside building sets sail

FAST FACTS Considering Orlando, Fla.?

Here’s what you need to know

  • Population: 2,046,971
  • Occupancy: 92.2%
  • Median Age: 36.8
  • Median Household Income: $51,437
  • Average Rent: $814
  • Unemployment: 6.33% NOTABLE: Orlando’s city motto is “Built for Families, Made for Memories.” As a result, tourism plays a crucial role in Orlando’s economy. With seven distinct theme parks, The Walt Disney World resort is the metro’s largest attraction. Nearly 50 million people visit Orlando each year, spending an estimated $29.6 billion dollars annually. The area is a top vacation destination and has also become a popular site for conventions. Orlando features dozens of cultural centers and organizations, including the Civic Theatre of Central Florida, Orlando Opera Company, Southern Ballet Company, and The Bach Festival Society.

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