| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 507 SW 67th Ter, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1984 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
507 SW 67th Ter, Gainesville FL Multifamily Investment
Renter demand is supported by a high renter-occupied presence in the surrounding neighborhood and improving occupancy trends, according to WDSuite’s CRE market data. The location functions as an inner-suburb setting with practical access to services, positioning operations for steady leasing rather than premium rent plays.
This Inner Suburb neighborhood in Gainesville shows above-average renter concentration, with renter-occupied housing comprising a large share of units, which supports a deeper tenant base for multifamily assets. Neighborhood occupancy has improved over the past five years, a positive directional signal for leasing stability even if levels remain below top-performing submarkets in the region.
Local amenities are mixed. Pharmacy access is competitive among Gainesville neighborhoods (ranked near the top quartile among 114 metro neighborhoods), while cafes, groceries, and parks are sparse in the immediate area. For investors, this points to workforce-oriented demand drivers over lifestyle-driven premiums, with emphasis on value, convenience, and property-level amenities to aid retention.
Housing costs and incomes indicate a balanced ownership landscape. Median home values in the neighborhood are moderate for Gainesville, which can create some competition from entry-level ownership; however, rent levels have risen over the last five years, and the renter pool remains sizable, reinforcing multifamily relevance. Rent-to-income ratios suggest some affordability pressure, which calls for disciplined lease management and renewal strategies.
Within a 3-mile radius, demographics show a smaller average household size versus prior periods and a rise in total households despite recent population softness, implying more one- and two-person households entering the market. Forward-looking projections point to household growth through the forecast period, which can expand the renter pool and support occupancy and absorption, based on CRE market data from WDSuite.
Neighborhood safety indicators are below the metro median among 114 Gainesville neighborhoods and sit below the national median. That said, recent year-over-year trends show reported violent and property offenses moving lower, which is a constructive directional signal to monitor rather than a completed shift in baseline risk.
For underwriting, this translates to prudent security planning, lighting and access controls, and resident engagement. Continued improvement would reduce friction for leasing and renewals, but investors should underwrite to current conditions and treat recent declines as an emerging trend rather than a guaranteed trajectory.
507 SW 67th Ter offers investors scale and exposure to a renter-heavy Inner Suburb of Gainesville. The neighborhood’s renter-occupied share supports depth of demand, and occupancy has trended upward over the past five years, indicating more stable leasing conditions ahead relative to recent history. According to CRE market data from WDSuite, local amenities skew toward practical services rather than lifestyle destinations, aligning the asset with workforce housing dynamics where pricing, unit readiness, and on-site features drive retention.
From a risk perspective, safety metrics trail metro and national medians and local retail amenity density is limited, so operations should emphasize security, resident experience, and cost-effective improvements that enhance day-to-day convenience. Rent-to-income levels indicate some affordability pressure, reinforcing the importance of disciplined renewal strategies and value-focused capital planning.
- Renter-heavy neighborhood supports a larger tenant base and steadier leasing
- Occupancy trend has improved locally, aiding absorption and renewals
- Workforce demand drivers; emphasize value and on-site features over lifestyle premiums
- Manageable ownership costs nearby may create competition—retain residents via service and pricing discipline
- Risk: safety metrics below metro and national medians; underwrite security and resident-experience investments