| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 59th | Good |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4012 SW 17th Ln, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1980 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4012 SW 17th Ln Gainesville Multifamily Investment
Renter-occupied housing is a defining feature of this Gainesville inner-suburban pocket, supporting steady tenant demand even as neighborhood occupancy trends sit nearer the national midpoint, according to WDSuite’s CRE market data. Amenity access and proximity to daily needs underpin leasing appeal for a 100-unit asset positioning for durable cash flow with operational focus.
This Inner Suburb location scores an A+ neighborhood rating and is competitive among Gainesville neighborhoods for daily convenience. Restaurant and grocery density rank near the top of the metro (e.g., restaurants and groceries both within the top five of 114 neighborhoods), placing the property in a walkable, errand-friendly trade area that supports leasing velocity and resident retention. Cafes also rank highly, while parks and pharmacies are above metro median levels, reinforcing overall livability for renters.
Neighborhood occupancy sits below the national midpoint, but the share of renter-occupied units is exceptionally high (top national tier), indicating a deep tenant base and resilience for multifamily demand. Median contract rents in the area are moderate relative to national norms, which can aid lease-up and renewal economics when paired with disciplined expense management.
The property’s 1980 vintage is older than the neighborhood’s average construction year, pointing to clear value-add and capital planning angles. Strategic renovations, systems modernization, and common-area refreshes can enhance competitive positioning versus newer stock from the mid‑1990s onward while managing lifecycle costs.
Demographics aggregated within a 3-mile radius show modest recent population growth and a larger increase in households, with projections calling for further population and household expansion over the next five years. A substantial 18–34 cohort today and a projected reduction in average household size suggest ongoing depth for smaller-unit demand, supporting occupancy stability for professionally managed assets. While home values are lower than many U.S. markets, local value-to-income ratios are high, which tends to sustain reliance on rental housing and can bolster pricing power with careful lease management, based on CRE market data from WDSuite.
Safety outcomes trend below national averages for this neighborhood, with crime metrics placing the area around the metro middle (ranked 53 out of 114 Gainesville neighborhoods). Nationally, the neighborhood sits below the median for safety; however, recent year-over-year declines in both violent and property offenses point to improving trends relative to comparable areas.
Investors should underwrite customary security measures, lighting, and access controls, and incorporate trend-based assumptions rather than block-level conclusions. Monitoring trajectory matters: the neighborhood’s recent improvement pace compares favorably to many U.S. neighborhoods, suggesting potential for continued stabilization, according to WDSuite’s CRE market data.
4012 SW 17th Ln offers exposure to a Gainesville submarket with strong renter orientation, high amenity access, and an expanding 3‑mile household base that supports a larger tenant pool. Neighborhood occupancy trends sit closer to the national midpoint, but the exceptionally high concentration of renter-occupied units, together with day-to-day convenience, supports leasing durability for a 100‑unit asset. The 1980 construction year presents a straightforward value‑add path to improve competitiveness versus the mid‑1990s neighborhood average.
Affordability dynamics are nuanced: home values are relatively accessible versus national levels, yet value‑to‑income ratios run high locally and rent-to-income measures indicate pressure in parts of the renter pool. Prudent rent setting, renewals strategy, and amenity-led upgrades can help balance retention and revenue growth. These takeaways are grounded in commercial real estate analysis informed by WDSuite’s datasets and neighborhood benchmarks.
- Renter-heavy neighborhood supports depth of demand and leasing stability.
- High amenity access (food, groceries, cafes) enhances resident appeal and renewal potential.
- 1980 vintage enables value-add through systems upgrades and unit/common-area renovations.
- 3-mile forecasts indicate household growth and smaller household sizes, expanding the renter pool.
- Risk: Below-median safety and rent-to-income pressure warrant conservative underwriting and retention-focused operations.