| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 205 SW 75th St, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1990 |
| Units | 100 |
| Transaction Date | 2000-12-29 |
| Transaction Price | $5,120,100 |
| Buyer | G F M MANAGEMENT CORP |
| Seller | DOUBLE G F M VENTURES L L C |
205 SW 75th St Gainesville Multifamily Investment
Renter concentration is high and neighborhood occupancy has been trending upward, according to WDSuite’s CRE market data. This supports day-one leasing stability with scope to optimize operations as demand normalizes.
Located in an Inner Suburb of Gainesville with a B neighborhood rating, this area ranks above the metro median (51 of 114 neighborhoods), signaling competitive fundamentals within the local context. Amenities are limited for cafes, groceries, and parks, though pharmacy access is comparatively strong versus national peers—useful for day-to-day convenience.
The property’s 1990 vintage is newer than the neighborhood’s typical 1980s stock. For investors, that generally means a more competitive baseline versus older product while still planning for aging systems and targeted renovations to sustain positioning.
Renter-occupied housing is prevalent, with a high renter concentration that deepens the tenant base and can support leasing velocity. Neighborhood occupancy is lower than national averages but has improved over the last five years, suggesting stabilizing demand and potential to capture retention through focused asset management.
Within a 3-mile radius, recent trends show a modest population dip alongside a small increase in households and smaller average household sizes—patterns that can expand the pool of renters even when headcount is flat. Forward-looking projections indicate population and household growth, pointing to a larger tenant base that supports occupancy stability and measured rent growth over time based on CRE market data from WDSuite.
Home values in the neighborhood sit below high-cost coastal markets. That creates a mixed dynamic: ownership is relatively accessible (which can compete with rentals at certain price points), but it also supports steady renter demand for those prioritizing flexibility. Rent-to-income levels indicate some affordability pressure, emphasizing proactive lease management and renewal strategies.
Compared with Gainesville, this neighborhood ranks 68 out of 114 on WDSuite’s crime index, indicating below-metro-average safety. Nationally, it sits in lower safety percentiles, meaning crime conditions are more elevated than in many neighborhoods across the country.
Recent data shows year-over-year decreases in both violent and property offense estimates, signaling improvement, though levels remain a consideration for underwriting and on-site operations. Investors often address this with lighting, access control, and community engagement to support retention and marketing.
205 SW 75th St offers institutional scale for Gainesville with 100 units and a 1990 vintage that is relatively newer than nearby housing stock—positioning it for competitive leasing today and targeted value-add over time. The surrounding neighborhood shows improving occupancy trends and a high share of renter-occupied units, pointing to depth of demand and potential for stable absorption. According to CRE market data from WDSuite, neighborhood-level rents have risen over the past five years while remaining generally attainable, which supports renewal capture when paired with thoughtful upgrades.
Within a 3-mile radius, households have grown even as average household size declines, and forecasts call for expansion in both population and households—favorable for a broader renter pool and occupancy stability. Balanced against this are pragmatic considerations: comparatively accessible home values can create competition with ownership, safety metrics are below metro averages despite recent improvement, and rent-to-income levels call for attentive lease management.
- 1990 vintage offers competitive baseline with clear value-add and capital planning pathways.
- High renter-occupied share supports a deep tenant base and leasing stability.
- Household growth and projected population gains within 3 miles expand the renter pool and support occupancy.
- Rents remain attainable locally, enabling upgrade-driven renewal capture when supported by targeted improvements.
- Risks: below-average safety metrics, competition from ownership, and rent-to-income pressure require disciplined operations and underwriting.