| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 26th | Poor |
| Demographics | 44th | Best |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17854 NE Charlie Johns St, Blountstown, FL, 32424, US |
| Region / Metro | Blountstown |
| Year of Construction | 1987 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17854 NE Charlie Johns St Blountstown 39-Unit Multifamily
Renter demand is thinner locally and will likely rely on broader regional sourcing, according to WDSuite’s CRE market data, making thoughtful leasing and positioning important for stability.
Blountstown’s rural setting translates to a quieter, car-dependent environment with limited nearby retail and lifestyle options. Amenity density ranks 10 of 10 neighborhoods in Calhoun County, indicating sparse cafes, restaurants, groceries, parks, and pharmacies compared with the metro and well below national norms. For investors, this typically supports workforce-oriented housing where convenience is driven more by drive-time access than walkability.
Neighborhood school quality trends slightly above national medians (around the 61st percentile nationwide) and ranks 1 of 10 in Calhoun County, a relative strength that can aid leasing for family renters. Median household income is competitive among Calhoun County neighborhoods (rank 1 of 10) and near the national midpoint (about the 53rd percentile), supporting the ability to sustain market-rate rents within the local context.
The neighborhood’s occupancy level ranks 10 of 10 locally, signaling softer stabilization versus the metro median. In addition, the share of renter-occupied housing units is low (rank 8 of 10 and around the 12th percentile nationally), implying a thinner in-place renter base. Together, these factors point to the need for proactive leasing, regional marketing, and asset differentiation to maintain occupancy.
Home values sit below the national midpoint (about the 37th percentile) and value-to-income levels are also lower relative to national peers (around the 28th percentile). In practical terms, ownership is relatively more accessible here, which can introduce competition with entry-level homebuying. For multifamily investors, this suggests careful attention to pricing, amenity positioning, and resident experience to support retention and mitigate affordability pressure risk. The property’s 1987 vintage is slightly newer than the neighborhood average (1980), offering a modest competitive edge versus older stock while still warranting targeted capital planning for aging systems or modernization.
Comparable safety metrics for this neighborhood are not available in WDSuite’s dataset for Calhoun County, and there is no ranked crime position among the 10 metro neighborhoods. Investors should benchmark the area using county and municipal sources to evaluate recent trends and align underwriting assumptions with observed patterns.
In rural markets, property-level operations (lighting, access control, and visibility) and coordination with local public safety can play an outsized role in resident perception. Where data is limited, pairing third-party reports with on-the-ground observations provides the most reliable view for underwriting.
This 39-unit asset at 17854 NE Charlie Johns St operates in a low-amenity rural micro-market where renter concentration is thin and neighborhood occupancy ranks below local peers. That backdrop requires disciplined leasing and regional demand capture. On the positive side, household incomes are competitive within Calhoun County and school ratings trend above national medians, helping support family renter interest. The 1987 construction is slightly newer than the neighborhood average, offering relative positioning versus older stock with targeted value-add potential.
Based on CRE market data from WDSuite, local ownership costs are comparatively accessible, which can elevate competition from entry-level homebuying; pricing power should be balanced with retention strategies and service quality. With operational focus and selective reinvestment, the asset can leverage its vintage and unit count to compete effectively within a smaller renter pool.
- Slightly newer 1987 vintage versus local average supports competitive positioning with targeted upgrades
- Household incomes rank strongest in Calhoun County, aiding rent sustainment in a value-focused market
- School quality trends above national median, supporting family renter appeal
- Risk: low neighborhood occupancy and a small renter-occupied share require proactive leasing and regional marketing
- Risk: relatively accessible ownership options can compete with rentals, necessitating careful pricing and resident retention