| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 86th | Best |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2166 Dunsford Ter, Jacksonville, FL, 32207, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1973 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2166 Dunsford Ter Jacksonville Multifamily Investment
Neighborhood occupancy remains competitive among Jacksonville neighborhoods, supporting income durability for a 106-unit asset, according to WDSuite’s CRE market data. Strength in nearby amenities and schools further underpins renter demand relative to broader metro trends.
Located in an Inner Suburb setting of Jacksonville, the neighborhood scores A+ overall and shows diversified livability drivers. Parks density ranks 14 out of 368 metro neighborhoods (top quartile in the metro) and sits in the 95th percentile nationally, while restaurants and cafes are also above national averages. Average school ratings are strong (ranked 1 out of 368 locally and at the top percentile nationally), which can support long-term neighborhood stability and renter appeal.
From an operations perspective, neighborhood multifamily occupancy is 95.6% and ranked 104 of 368 — competitive among Jacksonville neighborhoods and above national norms by percentile. WDSuite’s multifamily property research indicates this level of stability tends to support steady leasing and fewer concessions in similar submarkets, though performance will still depend on asset quality and management.
Tenure patterns suggest a shallower renter base within the immediate neighborhood, with roughly one-third of housing units renter-occupied. For investors, that implies demand will draw from both local and adjacent renter pools; marketing reach and product positioning matter. By contrast, demographic data aggregated within a 3-mile radius shows broader household growth over the last five years and continued expansion projected, pointing to a larger tenant base over time.
Ownership costs in the neighborhood are elevated relative to incomes (high home values and value-to-income ratios rank well above national averages). For multifamily, a high-cost ownership market can reinforce reliance on rentals and support pricing power, though lease management should monitor rent-to-income levels to mitigate retention risk.
Safety benchmarks trail national norms here: the neighborhood’s crime positioning is below average nationally (around the 15th percentile) and sits in the lower half of the Jacksonville metro (ranked 208 out of 368 neighborhoods). Recent data also indicates a year-over-year uptick in both property and violent offense rates. Investors typically address this through practical measures such as lighting, access control, and partnership with professional security vendors as needed, with underwriting that reflects higher operating contingencies.
The employment base nearby is anchored by transportation and financial services headquarters, providing a strong pool of professional renters and convenient commutes that can aid retention and leasing stability. This section highlights CSX, Fidelity National Financial, Fidelity National Information Services, and Anixter within commutable distance.
- CSX — transportation & logistics HQ (2.6 miles) — HQ
- Fidelity National Financial — financial services HQ (2.6 miles) — HQ
- Fidelity National Information Services — fintech & payments HQ (2.6 miles) — HQ
- Anixter — distribution & supply (12.9 miles)
The 1973 vintage positions the property newer than the neighborhood’s average housing stock, offering relative competitiveness versus older product while still warranting capital planning for aging systems and value-add upgrades. Occupancy in the surrounding neighborhood is competitive among Jacksonville peers and above national norms by percentile, supporting income stability for well-managed assets. Demand is further supported by high-cost ownership dynamics, which tend to sustain renter reliance on multifamily housing.
Within a 3-mile radius, historical household growth and projections for additional population and household expansion point to a larger tenant base over the medium term, which can aid leasing velocity. According to WDSuite’s commercial real estate analysis, amenity access and top-ranked schools enhance neighborhood stickiness, but operators should underwrite for security-related operating needs and prudent renewal strategies as rent-to-income shifts.
- Occupancy competitive among 368 Jacksonville neighborhoods, supporting income stability
- 1973 vintage offers modernization and value-add potential versus older local stock
- High-cost ownership market reinforces renter reliance and pricing power
- 3-mile radius growth signals a larger renter pool and supports leasing
- Risk: below-average safety requires thoughtful security planning and OPEX contingencies