| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 719 SW 70th Ter, Gainesville, FL, 32607, US |
| Region / Metro | Gainesville |
| Year of Construction | 1979 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
719 SW 70th Ter Gainesville Multifamily Investment
Neighborhood data point to a deep renter base and steady rent momentum, supporting durable leasing potential according to WDSuite’s CRE market data. These signals reflect neighborhood conditions, not property performance, and suggest stable demand for workforce-oriented units.
Rated B and positioned above the metro median (51 of 114 Gainesville neighborhoods), the immediate area functions as an inner-suburb renter hub with broad tenant depth. Neighborhood metrics show a high concentration of renter-occupied units, indicating a sizable pool of prospective residents for mid-scale multifamily assets. These tenure figures are measured for the neighborhood, not the property, and they translate to a deeper audience for lease-ups and renewals.
On livability, the amenity mix is lean overall, but pharmacy access tests strong versus peers (high national percentile), and restaurant density is competitive locally. Limited parks, grocery, childcare, and cafe counts mean residents rely on nearby corridors for daily needs—an operational consideration for marketing and retention programming. Average school rating data are not available for this neighborhood in WDSuite at this time.
Construction vintage skews early-1980s on average for the neighborhood, while the subject’s 1979 build suggests moderate capital planning needs. For investors, that opens potential value-add via interiors, curb appeal, and systems modernization to sharpen positioning against 1980s stock and newer deliveries.
Within a 3-mile radius, household counts have grown even as overall population edged lower, pointing to smaller household sizes and continued renter pool resilience. Forward-looking 3-mile estimates indicate meaningful increases in both households and incomes, supporting sustained multifamily demand and helping underpin occupancy stability relative to metro trends.
Home values in the neighborhood sit near national mid-range levels, which, coupled with rent levels that have advanced over five years, frame a market where ownership costs do not fully displace rental demand. For operators, this supports pricing power with careful lease management and attention to rent-to-income dynamics at renewal.
Safety indicators for the neighborhood track below national averages, with crime metrics ranking in the weaker half of Gainesville neighborhoods (68 of 114). Nationally, the neighborhood falls into lower safety percentiles, signaling elevated property and violent offense exposure compared with many U.S. neighborhoods. These figures describe neighborhood conditions broadly, not the property.
Recent trend data from WDSuite show year-over-year declines in both property and violent offense estimates, an encouraging directional signal even as absolute levels remain comparatively high. Investors may wish to incorporate security features, lighting, and resident engagement into underwriting and operational plans.
Major employer details with verified distances were not available in WDSuite for this specific address at the time of publication. The submarket’s workforce orientation typically benefits from proximity to healthcare, education, and service-sector employment across Gainesville, supporting renter demand and commute convenience.
This 1979 vintage, 100-unit asset benefits from a renter-heavy neighborhood and steady rent momentum, supporting durable occupancy. Based on CRE market data from WDSuite, the area’s leasing environment reflects a large renter pool, while household growth within a 3-mile radius and rising incomes point to a wider tenant base ahead. Vintage positioning provides practical value-add levers to enhance competitiveness against 1980s stock and newer product.
Operationally, an amenity-light setting elevates the importance of on-site offerings and service. Safety metrics are weaker than national norms but have improved year over year, suggesting targeted security investments and community programming can support retention while capturing demand driven by neighborhood renter concentration.
- Large neighborhood renter base supports leasing depth and renewal prospects.
- Value-add potential from 1979 vintage via interiors, systems, and curb appeal.
- 3-mile outlook shows growing household counts and incomes, widening the tenant pool.
- Amenity-light submarket increases relevance of on-site features and service differentiation.
- Risk: Neighborhood safety metrics are below averages; mitigation via security and engagement strategies.