| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 54th | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3212 SW 25th Dr, Gainesville, FL, 32608, US |
| Region / Metro | Gainesville |
| Year of Construction | 1981 |
| Units | 100 |
| Transaction Date | 2025-01-14 |
| Transaction Price | $825,000 |
| Buyer | REY HOLDINGS LLC |
| Seller | 3212 BLDG LLC |
3212 SW 25th Dr Gainesville Multifamily Investment
Positioned in an Inner Suburb of Gainesville with strong renter concentration and everyday amenities nearby, this 100‑unit asset targets steady tenant demand according to WDSuite s CRE market data.
The property sits in an Inner Suburb pocket that is competitive among Gainesville neighborhoods (11th of 114 by overall neighborhood rating) with daily convenience close at hand. Neighborhood amenities score in the top quartile nationally, led by dense restaurant and grocery options, which helps leasing and retention by reducing commute friction for essentials.
Amenity depth stands out: restaurants and grocery access both rank in the mid‑90s percentiles nationally, and cafes and childcare availability also post high percentiles. Parks are limited locally, so on‑site open space and proximity to private fitness or recreation options may matter more for tenant appeal.
Renter demand fundamentals are a clear theme. The neighborhood 19s share of renter‑occupied housing is elevated (top percentile locally), signaling a deep tenant base for multifamily. Reported neighborhood occupancy trends trail national norms, so asset‑level performance will rely on competitive finishes, management, and pricing discipline.
Within a 3‑mile radius, demographics show a large 18–34 population and growth in households over the past five years, with further household expansion projected. This points to a larger tenant base over time and supports leasing velocity, though affordability management remains important as rent‑to‑income metrics indicate some pressure for lower‑income cohorts.
Home values in the immediate area are below national medians, which can increase competition from ownership alternatives. Even so, the high renter concentration and strong amenity fabric continue to underpin multifamily demand and day‑to‑day livability for residents.
Safety conditions compare differently at metro and national scales. Within the Gainesville metro, this neighborhood is not among the lowest‑ranked for crime. Nationally, crime metrics trend weaker (violent and property offense percentiles are low compared with neighborhoods across the country). For underwriting, investors typically emphasize security lighting, access control, and partnership with local community resources to support resident experience.
Built in 1981, the asset may benefit from targeted value‑add and systems modernization to remain competitive against a neighborhood stock that skews newer on average. The submarket 19s renter concentration and amenity density support a durable tenant base, while household growth within a 3‑mile radius points to continued leasing depth. According to CRE market data from WDSuite, neighborhood occupancy trails national levels, so execution around unit positioning and rent strategy is central to stability.
Macro context is balanced: accessible ownership costs nearby can pose competition, but the area 19s high share of renter‑occupied units and strong everyday convenience sustain multifamily relevance. Investors can lean on operational efficiency across 100 units and selective upgrades to drive absorption and retention while monitoring affordability pressure in renewal management.
- Strong renter concentration supports depth of tenant demand and leasing velocity
- Amenity‑rich location (restaurants, groceries, cafes) enhances resident convenience and retention
- 1981 vintage offers value‑add and systems modernization opportunities to sharpen competitiveness
- Household growth within 3 miles expands the renter pool, supporting occupancy over time
- Risks: neighborhood occupancy trails national norms; affordability pressure and ownership alternatives require disciplined pricing and asset management