| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Best |
| Demographics | 68th | Best |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1925 NW 43rd St, Gainesville, FL, 32605, US |
| Region / Metro | Gainesville |
| Year of Construction | 1979 |
| Units | 100 |
| Transaction Date | 1980-10-01 |
| Transaction Price | $128,000 |
| Buyer | PINEWOOD PROPERTIES OF GVILLE |
| Seller | --- |
1925 NW 43rd St Gainesville Multifamily Investment
Neighborhood occupancy is competitive among Gainesville submarkets, indicating steady renter demand and lease-up resilience, according to WDSuite’s commercial real estate analysis. With stable fundamentals and proximity to daily amenities, the asset’s performance should track durable local demand rather than short-term volatility.
Set within a suburban pocket of Gainesville, the neighborhood rates strongly (A) and ranks 10 out of 114 metro neighborhoods, making it competitive among Gainesville neighborhoods. Amenity access is solid for daily needs, with grocery, parks, and cafes tracking above national medians, supporting resident convenience and retention.
Rents in the neighborhood sit around the middle of national comparisons, while neighborhood occupancy is above the metro median (rank 29 of 114), reinforcing a baseline of leasing stability. For investors, this suggests pricing power is likely to be driven by asset quality and management execution rather than outsized local volatility, based on CRE market data from WDSuite.
Within a 3-mile radius, households increased over the last five years even as population edged lower, implying smaller household sizes and a broader set of living arrangements that can expand the renter pool. Looking forward, WDSuite’s data indicates growth in households is expected to continue, which supports occupancy stability and a deeper tenant base for multifamily.
Home values in the neighborhood are elevated relative to local incomes (high national percentile for value-to-income), a dynamic that reinforces reliance on rental options and can aid lease retention. Average school ratings trend above national medians (metro rank 6 of 114), which can support family-oriented demand and reduce turnover risk for well-managed properties.
The property’s 1979 construction is older than the neighborhood’s average vintage (1991). Investors should underwrite for capital improvements and potential value-add renovations to enhance competitiveness versus newer stock while targeting operational efficiencies to capture stable neighborhood demand.
Safety benchmarks indicate the neighborhood sits below national safety medians, with crime levels higher than many U.S. neighborhoods. However, recent trends show improvement, with both violent and property offense rates declining year over year, according to WDSuite’s CRE market data. Within the metro, the overall crime rank places the area 39 out of 114 neighborhoods, signaling conditions that are competitive among Gainesville neighborhoods but still warrant routine risk management and security measures.
The broader Gainesville employment base includes education, healthcare, and public-sector roles that provide steady commuter demand and support renter retention in nearby multifamily housing. Specific distance-verified employers are not available in this record.
This 100-unit asset benefits from a neighborhood that ranks competitively in the Gainesville metro, with occupancy above the metro median and amenity access that supports day-to-day livability. The 1979 vintage introduces clear value-add potential through targeted renovations and systems upgrades to sharpen positioning versus newer product. According to CRE market data from WDSuite, neighborhood fundamentals tend to favor steady lease-up and retention for well-operated properties.
Within a 3-mile radius, the renter-occupied share is slightly above half, indicating a sizable tenant base. Households have grown despite softer recent population trends and are projected to increase further, expanding the renter pool and supporting occupancy stability. Affordability metrics suggest rent levels relative to incomes are manageable for many households, while elevated ownership costs in the area reinforce reliance on multifamily housing and can support disciplined pricing and retention.
- Competitive neighborhood rank in Gainesville with occupancy above the metro median supports stable leasing
- Large local renter base within 3 miles with projected household growth expands demand depth
- 1979 vintage offers value-add and systems upgrade pathways to improve relative positioning
- Affordability and elevated ownership costs underpin renter reliance, aiding retention and pricing discipline
- Risks: older vintage capex needs, below-national safety benchmarks, and recent population softness despite household growth outlook