| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 70th | Best |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4151 NW 43rd St, Gainesville, FL, 32606, US |
| Region / Metro | Gainesville |
| Year of Construction | 1975 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4151 NW 43rd St Gainesville Multifamily Opportunity
Positioned in an A+ rated suburban neighborhood with steady renter demand and low-90s occupancy at the neighborhood level, according to WDSuite’s CRE market data. The location supports durable leasing with manageable rent-to-income levels and access to daily needs.
The property sits in a suburban pocket of Gainesville that ranks among the highest-performing areas locally (top quartile among 114 metro neighborhoods) with an A+ neighborhood rating based on WDSuite data. Neighborhood occupancy is in the low 90s and has edged higher in recent years, a backdrop that typically supports stable collections and pricing power for well-managed assets.
Within a 3-mile radius, the population has grown modestly while the number of households has expanded and is projected to continue increasing, indicating a larger tenant base over time. Renter-occupied housing represents a meaningful share of units (around one-third within 3 miles), which points to depth in the local multifamily demand pool rather than reliance on a narrow renter segment.
Everyday convenience is a strength: cafes and parks score in the top quartile nationally, with grocery and pharmacy access above the national median. School ratings in the broader area track near the national middle, which may matter for unit mix strategies but does not detract from the area’s day-to-day livability for renters.
The average neighborhood construction year trends newer than this asset (area average 1987 versus property vintage 1975). For investors, the older vintage raises capital planning needs but also creates value-add potential through targeted renovations and system upgrades that can improve competitive positioning against younger stock.
Safety metrics for the neighborhood are mixed compared with national benchmarks. Overall crime levels track below the national median (lower national percentile), and recent data show year-over-year declines in both violent and property offenses, according to WDSuite. The improvement trend is notable, with violent offense reductions performing in the stronger tiers nationally, but conditions still warrant standard risk management practices common to urban-suburban Florida assets.
At the metro scale, this area is competitive but not top-tier on safety. Investors should underwrite typical security measures and community engagement practices, while recognizing the positive directional trend that may support tenant retention over time.
This 100-unit, 1975-vintage asset benefits from a high-performing Gainesville suburban location where neighborhood occupancy sits in the low 90s and has trended slightly upward. Household growth within a 3-mile radius and a meaningful renter-occupied share indicate a durable tenant base that can support steady leasing. Elevated ownership costs in the area further reinforce reliance on rental options, aiding lease retention. According to commercial real estate analysis from WDSuite, local livability factors—daily-needs retail and recreation in the top quartile nationally—enhance the property’s appeal to a broad renter profile.
The older vintage suggests near- to medium-term capital needs but also creates a clear value-add pathway via interior upgrades and selective building system improvements to strengthen competitive positioning versus newer stock. Underwriting should balance stable demand fundamentals with prudent reserves for renovations and typical operating risk.
- A+ suburban location with low-90s neighborhood occupancy and improving trend
- Growing household base within 3 miles supports a larger tenant pool
- Daily-needs amenities score strong nationally, supporting renter convenience and retention
- 1975 vintage offers value-add upside alongside planned capex
- Risk: mixed-but-improving safety metrics and older systems call for active management