| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 56th | Good |
| Amenities | 12th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3914 SW 26th Dr, Gainesville, FL, 32608, US |
| Region / Metro | Gainesville |
| Year of Construction | 1981 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3914 SW 26th Dr Gainesville Multifamily Investment
Neighborhood renter concentration is high, supporting a deep tenant base and steady leasing potential, according to WDSuite’s CRE market data.
The property sits in Gainesville’s Urban Core, where the neighborhood ranks above the metro median for restaurant access and is competitive among Gainesville neighborhoods on dining density (ranked 14 out of 114). Immediate counts for cafes, grocery, parks, and pharmacies are limited in the dataset, so residents may rely on nearby corridors for daily needs. This positioning can favor workforce housing that values proximity to jobs and campus-driven activity over boutique retail at the block level.
Multifamily fundamentals signal durable renter demand. The neighborhood’s share of renter-occupied housing units is among the highest in the metro (top quartile), indicating a large, established tenant base that can support leasing velocity and retention. By contrast, overall occupancy trends track below the metro median, suggesting operators should prioritize marketing, unit turns, and amenity positioning to capture demand.
Vintage matters for capital planning: built in 1981, the asset is older than the neighborhood’s average vintage. That typically points to targeted value-add opportunities and the need to budget for systems, interiors, and curb appeal to stay competitive versus 1990s-era stock.
Three-mile demographics indicate a large renter pool anchored by a substantial 18–34 cohort, with recent population and household growth and further gains forecast. This expands the local tenant base and can support occupancy stability and renewal momentum. Median home values in the neighborhood sit below national midpoints, while rent-to-income metrics indicate some affordability pressure; together, this implies continued renter reliance on multifamily housing but underscores the need for disciplined renewal strategies and pricing.
Safety indicators are mixed relative to metro and national benchmarks. The neighborhood trends below the metro median for safety (ranked 64 out of 114 metro neighborhoods), and national comparisons place it in lower percentiles for both property and violent offenses. Recent year-over-year readings show improvement, with violent offense rates declining, which is a constructive directional signal to monitor.
For underwriting, an operator should account for security line items and community engagement, while tracking whether the improving trend sustains. Comparative positioning versus nearby Gainesville neighborhoods and along major corridors may influence marketing strategy and tenant retention.
Verified employer distance details are not available in WDSuite for this address at publication. Investors should consider proximity to Gainesville’s institutional, healthcare, and service employment hubs when assessing commute convenience and renter demand.
This 1981, 100-unit asset in Gainesville’s Urban Core is positioned for value-add execution supported by a deep renter base. The neighborhood’s renter-occupied share is among the highest locally, indicating reliable demand, while overall occupancy levels sit below the metro median—an execution variable that can be addressed through targeted renovations and leasing focus. According to CRE market data from WDSuite, dining access is competitive locally, and recent population and household growth within a 3-mile radius expands the prospective tenant pool.
Affordability dynamics are nuanced: neighborhood home values remain relatively accessible compared with national medians, reinforcing renter reliance on multifamily, yet rent-to-income metrics point to elevated affordability pressure that warrants careful renewal management. Safety indicators trend below metro averages but have improved year over year—an operational consideration rather than a thesis breaker for experienced operators.
- High renter-occupied share supports a deep tenant base and leasing stability.
- 1981 vintage offers value-add and modernization upside to improve competitive set positioning.
- Three-mile population and household growth expand the renter pool, aiding occupancy over time.
- Competitive restaurant access locally enhances livability without relying on block-level retail.
- Risks: below-metro occupancy, affordability pressure (rent-to-income), and safety positioning require disciplined operations.