| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 86th | Best |
| Amenities | 88th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4435 Touchton Rd E, Jacksonville, FL, 32246, US |
| Region / Metro | Jacksonville |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | 2017-10-25 |
| Transaction Price | $40,872,000 |
| Buyer | EDDISON AT DEERWOOD PARK LP |
| Seller | LJC DEERWOOD LLC |
4435 Touchton Rd E Jacksonville Multifamily Investment
High renter-occupied share and strong amenity access point to durable leasing demand, while neighborhood occupancy trends suggest value-oriented operations could add stability, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb location within Jacksonville that ranks 8 out of 368 metro neighborhoods with an A+ neighborhood rating, indicating competitive positioning among Jacksonville submarkets. Amenity access is a clear strength: neighborhood metrics score in the top national percentiles for restaurants, grocery, and cafes, which supports day-to-day convenience and helps with resident retention.
Neighborhood statistics reflect a renter-occupied share that is elevated versus national norms, signaling a deep tenant base for multifamily product. Median rent relative to income sits at a level consistent with operational flexibility, which can support lease retention and reduce turnover risk during softer periods.
Within a 3-mile radius, demographics point to a growing renter pool: recent history shows expansion in population and households, and projections indicate further population growth and a substantial increase in household counts over the next five years. Rising household incomes in this radius strengthen purchasing power and can sustain rent levels, supporting occupancy stability for well-managed assets.
Home values in the neighborhood are lower in national context, which can introduce some competition from ownership alternatives. For investors, this typically places a premium on resident experience, amenity execution, and value positioning to maintain pricing power and limit move-outs to entry-level ownership.
Safety metrics for the neighborhood trend below national averages, with neighborhood crime indicators placing in lower national percentiles. Within the metro, the neighborhood ranks 319 out of 368, indicating crime rates that are above the Jacksonville metro median. Investors typically underwrite for enhanced on-site security, lighting, and access controls, and may factor in partnership with local community resources as part of operating plans.
Year-over-year estimates indicate recent increases in both property and violent offenses at the neighborhood level. While conditions can vary block to block and improve with property-level measures, prudent underwriting should incorporate these trends alongside market rent, retention strategies, and capital planning.
Nearby corporate offices provide a stable employment base that supports renter demand and commute convenience, notably in transportation, financial technology, and distribution. The employers listed below reflect proximate anchors that can help sustain leasing and retention.
- CSX — transportation HQ (7.9 miles) — HQ
- Fidelity National Financial — financial services HQ (8.3 miles) — HQ
- Fidelity National Information Services — financial technology HQ (8.3 miles) — HQ
- Anixter — distribution (9.1 miles)
This 24-unit Jacksonville asset benefits from a high renter concentration, a deep amenity set, and proximity to large employers—factors that collectively support leasing velocity and tenant retention. While neighborhood occupancy is below national norms, the area’s strong demographic profile and elevated amenity scores provide a foundation for operational improvement through focused leasing and resident experience initiatives, based on CRE market data from WDSuite.
Three-mile radius projections indicate meaningful population growth and a sizable increase in households, suggesting a larger tenant base over the medium term. In the near term, relatively accessible ownership options may create competition, and safety indicators below metro and national benchmarks warrant appropriate operating practices and security investments.
- Renter-occupied share and amenity density support demand depth and lease retention.
- Employer proximity in transportation and financial services underpins steady renter inflows.
- Demographic growth within 3 miles expands the prospective tenant base over the next five years.
- Operations opportunity: neighborhood occupancy trails national levels, creating room for value-oriented leasing and renewals.
- Risks: below-average safety metrics and more accessible ownership options require disciplined pricing, security measures, and resident experience focus.