| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 46th | Fair |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6895 Belfort Oaks Pl, Jacksonville, FL, 32216, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1998 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6895 Belfort Oaks Pl Jacksonville Multifamily Opportunity
Neighborhood occupancy is above the metro median and renter demand is supported by a sizable renter-occupied housing base, according to WDSuite’s CRE market data. This positioning can aid income stability while leaving room for targeted value-add at a 1998-vintage asset.
Situated in an Inner Suburb setting of Jacksonville, the neighborhood rates A- and trends above the metro median overall (rank 87 of 368 neighborhoods). Amenity access is a local strength: restaurants and cafes track above national medians, with cafes in the top quartile nationally and strong park access also in the top quartile. These dynamics help support renter satisfaction and day-to-day convenience.
From a housing perspective, the neighborhood s occupancy is above the metro median (rank 152 of 368), and renter-occupied housing units comprise a meaningful share of local stock (rank 57 of 368), signaling depth in the tenant base for multifamily operators. Median rents and home values sit modestly above national midpoints, and a rent-to-income ratio near one-fifth suggests manageable affordability that can support retention and measured pricing power.
Demographic indicators aggregated within a 3-mile radius point to a growing renter pool: population and households have expanded in recent years, with forecasts calling for continued population growth and a notable increase in households by the midterm horizon. A smaller average household size over time implies more households per capita, which typically supports sustained demand for rental units and occupancy stability.
Schools in the immediate neighborhood rate below national averages, which may temper appeal for family-focused renters, while the lack of nearby pharmacies stands out as a service gap. Even so, grocery, childcare, and food-service density outperforms many peer areas, providing everyday convenience that benefits leasing and renewals.
Safety metrics track weaker than both national and Jacksonville norms for this neighborhood, with crime ranking in the lower tier among 368 metro neighborhoods and landing well below national safety percentiles. This context warrants prudent asset management such as lighting, access controls, and resident engagement to support retention and operations.
Investors should frame these measures comparatively rather than block-by-block: the area s standing is below metro average today, though submarket safety can evolve with property-level improvements and broader area investment.
Proximity to established corporate offices broadens the commuter renter base and supports lease-up and retention. Notable nearby employers include CSX, Fidelity National Financial, Fidelity National Information Services, and Anixter.
- CSX transportation & logistics (6.7 miles) HQ
- Fidelity National Financial financial services (6.9 miles) HQ
- Fidelity National Information Services fintech & payments (6.9 miles) HQ
- Anixter distribution & networking supplies (9.1 miles)
This 64-unit, 1998-vintage asset competes well against nearby stock that skews slightly older, offering a practical platform for selective modernization to capture renewals and steady absorption. Neighborhood occupancy performs above the metro median, and a meaningful renter concentration supports demand depth and day-to-day leasing stability, according to CRE market data from WDSuite.
Within a 3-mile radius, recent population and household growth with forecasts indicating further expansion point to a larger tenant base ahead. Local ownership costs are relatively elevated versus incomes in national terms, reinforcing reliance on rentals and aiding pricing power, while everyday amenities (food service, parks, childcare) compare favorably. Key watch items include below-average school ratings and weaker safety readings, which argue for hands-on operations and targeted capital planning.
- 1998 vintage offers competitive positioning versus older neighborhood stock with room for targeted upgrades
- Neighborhood occupancy above metro median supports income durability and renewal capture
- Strong renter concentration and growing 3-mile household base expand the tenant pool
- Amenity access (parks, cafes, restaurants) enhances livability and leasing appeal
- Risks: weaker safety metrics and low school ratings require proactive management and thoughtful capex