| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 55th | Good |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9855 Regency Square Blvd, Jacksonville, FL, 32225, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1982 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9855 Regency Square Blvd Jacksonville Multifamily Opportunity
Neighborhood data points to a deep renter base and steady demand drivers, according to WDSuite’s CRE market data, with positioning that can benefit from local workforce access and ongoing household growth.
Located in Jacksonville’s inner suburb near Regency Square, the neighborhood rates A- and is competitive among Jacksonville neighborhoods (63rd of 368). Dining and daily-needs access are strengths: restaurants and cafes are dense relative to the metro, pharmacies are prevalent, and park access trends above national mid-range, while grocery options are adequate. Childcare density is comparatively thin, which may influence unit mix and family-oriented amenities planning.
Renter-occupied housing is a defining feature at the neighborhood level, indicating a deep tenant pool for multifamily. Neighborhood occupancy has improved over the last five years but sits below the metro median, so leasing performance may hinge on asset quality, management, and price-to-value positioning.
Within a 3-mile radius, demographics show population growth alongside an increase in households and families, supporting a larger tenant base over the medium term. Household sizes are edging lower, which can favor 1–2 bedroom product. Median household incomes have risen, and rents have trended upward, aligning with broader metro dynamics. Projections through the next five years call for further renter pool expansion as households increase, which supports occupancy stability for well-positioned assets.
Home values in the neighborhood are elevated relative to local incomes, a dynamic that tends to reinforce reliance on multifamily housing. For investors, this can support retention and pricing power, though lease management should balance renewal growth with affordability to mitigate turnover risk.
Safety indicators for the neighborhood trail both metro and national benchmarks. The area ranks in the lower tier among 368 Jacksonville neighborhoods and sits well below national mid-range percentiles, indicating comparatively higher reported crime than many peer areas. Trends over the past year have pointed to increases in both property and violent offenses at the neighborhood level.
Investors typically address this through active security measures, lighting and access controls, and resident engagement. As always, evaluate recent, property-specific incident data and compare with nearby submarkets to calibrate underwriting assumptions and operating plans.
The surrounding employment base includes rail transportation and financial services headquarters alongside industrial distribution, supporting commuter convenience and multifamily demand for workforce housing tied to these employers.
- CSX — rail transportation (7.1 miles) — HQ
- Fidelity National Financial — title insurance (7.8 miles) — HQ
- Fidelity National Information Services — financial technology (7.8 miles) — HQ
- Anixter — industrial distribution (13.2 miles)
This 120-unit asset, built in 1982, is slightly older than the neighborhood average and may offer value-add potential through targeted renovations and systems upgrades. The surrounding neighborhood shows strong renter concentration and improving occupancy, while remaining below the metro median—suggesting upside for well-executed operations and amenity repositioning. According to CRE market data from WDSuite, local amenities and proximity to major employers underpin durable renter demand, and elevated ownership costs relative to incomes tend to support multifamily reliance.
Near-term performance should benefit from a growing 3-mile population and rising household counts, which expand the tenant base. Rent-to-income levels and safety metrics warrant disciplined underwriting and active management, but the combination of workforce access, neighborhood amenities, and potential renovation upside form a credible long-term thesis.
- Large neighborhood renter-occupied share supports a deep tenant base and leasing momentum
- 1982 vintage offers value-add potential via interior updates and systems modernization
- Growing 3-mile population and households expand demand, supporting occupancy stability
- Proximity to major employers (transportation and financial services) bolsters workforce housing demand
- Risks: below-median neighborhood occupancy and weaker safety indicators require active management and prudent rent growth pacing