| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 51st | Fair |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10141 Old Saint Augustine Rd, Jacksonville, FL, 32257, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1999 |
| Units | 111 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10141 Old Saint Augustine Rd Jacksonville Multifamily Investment
Stabilized renter demand in the surrounding neighborhood and Inner Suburb location support consistent leasing potential, according to WDSuite s CRE market data. The asset s 111-unit scale enables operating efficiencies while local fundamentals point to durable occupancy at the neighborhood level.
The property sits in an Inner Suburb pocket of Jacksonville rated A- among 368 metro neighborhoods, positioning it above the metro median for overall neighborhood quality. Dining access is a relative strength (restaurant density ranks competitive among Jacksonville neighborhoods) with solid grocery and pharmacy availability; cafes and parks are less prevalent, which may temper some lifestyle appeal but does not typically impair workforce-oriented leasing.
Neighborhood housing stock skews relatively modern, with the average construction year near 2002. With a 1999 vintage, this asset is slightly older than nearby stock, suggesting potential value-add through targeted exterior and interior upgrades and prudent capital planning around aging systems to maintain competitiveness.
Renter-occupied share in the neighborhood is elevated versus national norms (top quintile nationally), indicating a deeper tenant base and supportive multifamily demand. Neighborhood occupancy runs around the metro middle, which aligns with steady but competitive leasing conditions and rewards hands-on asset management and renewal strategy.
Within a 3-mile radius, population and households have grown recently and are projected to expand further over the next five years, pointing to a larger tenant pool and support for occupancy stability. Elevated ownership costs relative to local incomes (above national norms) suggest many households will continue to rely on rental options, which can aid lease retention and pricing power when paired with thoughtful positioning and amenities. These trends are reflected in commercial real estate analysis from WDSuite without implying guarantees.
Safety indicators for the immediate neighborhood track below national averages and sit below the metro median (ranked in the lower half among 368 Jacksonville neighborhoods). That implies investors should underwrite active property management, lighting, and access control, and consider coordinated community engagement.
At the national level, the neighborhood s crime percentile is in a lower band, signaling comparatively higher reported incidents than many U.S. neighborhoods. Trends can shift over time, so ongoing monitoring and on-site measures are important to support resident retention and asset performance.
Nearby corporate employers provide a broad white-collar employment base that supports renter demand and renewals, including distribution and major financial services headquarters within a 10-mile commute: Anixter, Fidelity National Financial, Fidelity National Information Services, and CSX.
- Anixter distribution (6.5 miles)
- Fidelity National Financial title insurance (9.5 miles) HQ
- Fidelity National Information Services financial technology (9.5 miles) HQ
- CSX rail transportation (9.6 miles) HQ
This 111-unit, 1999-vintage asset benefits from an Inner Suburb location with above-median neighborhood quality and solid daily-needs access. Renter-occupied share is high for the area, indicating depth of demand, while neighborhood occupancy sits around the metro middle a backdrop that favors disciplined operations, resident experience, and focused renewal management. Based on CRE market data from WDSuite, the submarket s modern housing stock and stable service/white-collar employment base support consistent leasing conditions.
Demographics aggregated within a 3-mile radius point to continued population and household growth, translating to a larger tenant base over the forecast period. The ownership market reads as relatively high-cost versus incomes by national standards, reinforcing reliance on multifamily housing and supporting lease retention when the asset is positioned competitively. The 1999 vintage is slightly older than nearby stock, creating a practical path for value-add upgrades and systems planning to sustain competitiveness.
- Inner Suburb location with above-median neighborhood quality and daily-needs access
- Elevated renter-occupied share supports a deeper tenant base and leasing durability
- 3-mile population and household growth expands the renter pool and supports occupancy stability
- 1999 vintage offers targeted value-add and CapEx planning to compete with newer stock
- Risks: safety metrics below national averages and selective amenity gaps require active management