| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6725 SW 4th Pl, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1983 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6725 SW 4th Pl Gainesville Multifamily Investment
Neighborhood-level data points to a deep renter base and steady lease-up potential, with renter-occupied housing notably prevalent in the immediate area, according to WDSuite’s CRE market data.
Situated in an Inner Suburb of Gainesville, this B-rated neighborhood ranks 51 out of 114 across the metro, indicating performance that is competitive among Gainesville neighborhoods. Pharmacy access stands out, trending in the top quartile nationally, while other everyday amenities such as cafes, parks, and grocery stores are thinner locally, implying residents may rely on a broader trade area for certain needs.
Neighborhood occupancy is reported at 85.4%, with gains over the past five years, suggesting improving stability. The local renter-occupied share is high at 70.6% (neighborhood level), which typically supports a larger tenant base for multifamily assets and can aid retention through consistent demand.
Within a 3-mile radius, households increased even as total population edged down, reflecting smaller household sizes and a shift toward more, smaller households entering the market. Forecasts point to growth in both population and households over the next five years, expanding the renter pool and supporting leasing fundamentals if supply remains measured.
Home values in the area sit below many coastal Florida markets, and combined with the neighborhood’s rent-to-income profile, this can create a balanced pricing environment: ownership remains a stretch for some households while rentals offer more accessible options, supporting tenant retention and stable occupancy for well-positioned communities.
Safety trends are mixed when viewed against metro and national benchmarks. The neighborhood’s crime rank is 68 out of 114 within the Gainesville metro, placing it below the metro median for safety, and national comparisons indicate it tracks below many neighborhoods nationwide.
Recent momentum is more constructive: estimated violent and property offense rates have moved lower year over year in the neighborhood, signaling incremental improvement. Investors typically account for safety perceptions in underwriting and operations; continued progress can support leasing and renewal dynamics over time.
This 100-unit Gainesville asset benefits from a high neighborhood renter concentration and a steadily improving occupancy backdrop. Neighborhood-level data shows an 85.4% occupancy rate with multi-year improvement, while a strong renter-occupied share suggests durable depth of demand. According to CRE market data from WDSuite, household formation within a 3-mile radius has expanded even as household sizes trend smaller, which typically supports leasing velocity for well-managed multifamily communities.
Pharmacy access is a relative strength, though thinner nearby cafes, parks, and groceries point to modest walkable amenity density. Safety benchmarks trail metro medians but have improved year over year, warranting practical on-site measures and prudent expense planning. Overall, the submarket’s renter base and forward household growth forecasts underpin long-term demand, with risk moderated by active management and targeted capital deployment.
- High neighborhood renter-occupied share supports a deeper tenant base and occupancy stability.
- Neighborhood occupancy shows multi-year improvement, reinforcing leasing durability.
- 3-mile household growth and smaller household sizes expand the renter pool and support absorption.
- Amenity mix favors pharmacies; modest café/park/grocery density may require broader trade-area draw.
- Risk: Safety metrics trail metro medians; ongoing improvements and on-site measures remain important for retention.