| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Best |
| Demographics | 60th | Good |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2337 SW Archer Rd, Gainesville, FL, 32608, US |
| Region / Metro | Gainesville |
| Year of Construction | 2008 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2337 SW Archer Rd Gainesville Multifamily Investment (2008)
Neighborhood data point to a deep renter base and upward rent momentum, according to WDSuite’s CRE market data, supporting demand for a 100-unit asset at this address. Investor focus centers on tenant depth and lease management rather than lease-up risk.
This Inner Suburb location in Gainesville balances daily needs access with renter-driven fundamentals. Restaurants and groceries are relatively dense locally compared with many metro peers, while parks, childcare, and cafes are limited. That mix supports convenience for residents but may require targeted onsite amenities to bolster retention.
The neighborhood skews renter-heavy, with roughly three-quarters of housing units renter-occupied, indicating a sizable tenant pool and steady leasing velocity for multifamily. At the same time, neighborhood occupancy remains below the metro median but has improved over the past five years, suggesting stabilization potential for well-operated assets.
Construction in 2008 positions the property as newer than much of the area s housing stock (which trends older), offering competitive differentiation versus legacy product while still warranting ongoing system upkeep and selective upgrades to sustain positioning.
Within a 3-mile radius, demographics are dominated by younger adults with continued population and household growth projected, expanding the renter pool over the medium term. Home values locally are relatively accessible compared with coastal metros, which can introduce some competition with ownership; however, a large renter cohort and convenience-oriented location continue to underpin multifamily demand. Based on multifamily property research from WDSuite, the area s value-to-income dynamics and rent trends call for attentive pricing and renewal strategies to balance occupancy and revenue.
Safety metrics for the neighborhood track below national averages, and conditions are not among the Gainesville metro s top-performing areas. Recent year-over-year declines in property and violent offenses indicate some improvement, but investors should still underwrite security measures, lighting, and resident engagement as part of operating plans.
Contextualizing risk at the neighborhood scale is important: trends reflect broad conditions rather than any specific block or property. Comparisons are relative to other Gainesville neighborhoods and to communities nationwide, with recent movement suggesting incremental progress from a lower baseline.
Built in 2008, the 100-unit asset at 2337 SW Archer Rd is competitive against older neighborhood stock, with the opportunity to sustain pricing power through selective modernization and amenity programming. A renter-heavy neighborhood, improving occupancy trends, and a convenience-focused retail mix collectively support ongoing demand and lease retention. Population and household growth within 3 miles point to a larger tenant base over time, reinforcing occupancy stability for well-managed operations.
Operating strategy should weigh rent-to-income pressures and below-metro-median occupancy levels against the property s relative vintage advantage and the area s large renter concentration. According to CRE market data from WDSuite, the local mix of rising rents and accessible home values favors disciplined revenue management, with value-add potential through unit updates and common-area enhancements.
- Newer 2008 vintage offers competitive positioning versus older neighborhood stock
- Large renter concentration supports depth of demand and leasing velocity
- Restaurant and grocery convenience aids retention; onsite amenities can offset limited parks/cafes
- Demand tailwinds from 3-mile population and household growth support occupancy stability
- Risks: below-metro-median neighborhood occupancy and rent-to-income pressures require disciplined pricing and renewal management