| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6735 SW 4th Pl, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1983 |
| Units | 100 |
| Transaction Date | 2016-11-28 |
| Transaction Price | $195,000 |
| Buyer | HASAN MM LLC |
| Seller | DE GROPU INVESTMENT LLC |
6735 SW 4th Pl Gainesville Multifamily Investment Opportunity
Renter demand is supported by a high neighborhood renter concentration and steady leasing fundamentals, according to WDSuite’s CRE market data. Investors should weigh demand depth against amenity gaps and manage to affordability to sustain occupancy.
This Inner Suburb location is competitive among Gainesville neighborhoods (ranked 38th of 114 for amenities), with everyday needs tilted toward pharmacy access while cafes, groceries, and parks are limited nearby. That mix favors value-focused workforce housing but may require proactive resident services to support retention.
Neighborhood data indicate a high share of renter-occupied housing (70.6%), signaling a deep tenant base and consistent multifamily demand at the submarket level. At the same time, neighborhood occupancy has improved over the past five years but remains below the metro median, suggesting ongoing leasing work is important for stabilization and renewal performance.
Within a 3-mile radius, households have grown even as population edged down, implying smaller household sizes and a widening pool of renters. Forward-looking projections show increases in both population and households through the next planning period, expanding the tenant base and supporting occupancy stability for well-positioned properties.
Home values in the neighborhood sit in the mid range for Gainesville (near the metro median), which can introduce some competition with ownership options. However, elevated rent-to-income readings at the neighborhood level point to affordability pressure, so disciplined rent setting and amenity-value alignment will be key to retention and lease management.
Safety trends should be evaluated as part of underwriting. The neighborhood’s crime standing is below the metro median (ranked 68th of 114) and below average nationally (around the 30th percentile), which warrants prudent security and resident-experience planning. Recent direction is constructive, with year-over-year declines reported in both violent and property offenses, according to CRE market data from WDSuite.
The investment case centers on durable renter demand and forward growth in the local renter pool. Neighborhood tenure skews strongly renter-occupied, supporting depth for leasing and renewals, while 3-mile projections point to increases in households that can sustain occupancy. According to CRE market data from WDSuite, neighborhood occupancy has risen over the past five years; sustained performance will depend on hands-on leasing and value delivery given amenity gaps.
Positioning should balance pricing power with affordability: neighborhood rent-to-income signals require careful rent management and targeted enhancements that matter most to residents. Amenity-light blocks can be offset by reliable operations and unit-level upgrades that improve perceived value, with security and resident services incorporated into the operating plan.
- Deep renter base: high neighborhood renter-occupied share supports tenant demand and leasing depth.
- Demand tailwinds: 3-mile forecasts show growth in households, expanding the renter pool and supporting occupancy.
- Operational upside: improving neighborhood occupancy with room to enhance renewal rates through service and value-focused upgrades.
- Pricing discipline: neighborhood rent-to-income indicates affordability pressure, requiring careful rent setting to manage retention risk.
- Risk management: below-median safety metrics and amenity-light surroundings call for security measures and resident-experience investments.