| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Good |
| Demographics | 22nd | Poor |
| Amenities | 39th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 75 NW Williston Arms Dr, Williston, FL, 32696, US |
| Region / Metro | Williston |
| Year of Construction | 1982 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
75 NW Williston Arms Dr Williston FL Multifamily Investment
Neighborhood occupancy trends sit around the Gainesville metro middle while renter concentration is comparatively higher, supporting a stable tenant base, according to WDSuite’s CRE market data. This positioning can offer durable cash flow potential in a rural node where ownership costs favor sustained rental demand.
Rated B and positioned above the metro median among 114 Gainesville neighborhoods, this rural location balances steady occupancy with practical access to everyday services. Grocery and restaurant availability tracks near national medians, while pharmacies and childcare options score above national midpoints, according to CRE market data from WDSuite. Parks and cafes are limited, consistent with a low-density setting, which can temper lifestyle appeal but aligns with workforce-oriented demand.
Renter-occupied housing accounts for a larger share than many neighborhoods nationally (top-third nationally), signaling depth in the tenant pool and supporting leasing stability. Neighborhood occupancy has been broadly stable over the last five years, indicating a relatively steady demand backdrop rather than rapid churn.
Within a 3-mile radius, population grew by roughly 12% and households by about 14% over the past five years, expanding the potential renter base. Looking ahead, local projections point to continued household growth, which can support occupancy and reduce downtime between turns if new supply remains measured.
Home values trend around national medians but the value-to-income ratio ranks in the top quintile nationally, reflecting a high-cost ownership market relative to local incomes. For multifamily investors, that dynamic can sustain reliance on rental housing and bolster retention, while relatively moderate neighborhood rent levels and a rent-to-income profile near national norms help manage affordability pressure and renewal risk.
The property’s 1982 vintage is newer than the neighborhood’s average 1970s housing stock, offering competitive positioning versus older assets. Investors should still plan for targeted system updates and common-area refreshes to maintain leasing velocity and keep the property differentiated from legacy comparables.
Safety indicators compare favorably at the national level, with the neighborhood landing in the top quartile nationwide for both violent and property safety. Recent year-over-year declines in estimated offense rates further suggest an improving trend. Investors should evaluate site-specific history and property management practices, but the broader directional data provides a constructive backdrop relative to many U.S. neighborhoods.
This 24-unit asset in Williston benefits from a renter-leaning neighborhood profile and occupancy that tracks near the Gainesville metro median, helping underpin cash flow durability. The 1982 construction is relatively newer than much of the local 1970s stock, positioning the property competitively with room for targeted value-add to enhance operations and curb appeal. Based on CRE market data from WDSuite, neighborhood rents sit near national affordability norms while ownership remains comparatively expensive for local incomes—conditions that can support steady renter demand and renewal rates.
Demographic trends within a 3-mile radius show multi-year population and household growth, expanding the tenant base and supporting occupancy stability. While amenity depth is modest and schools rate below national averages, daily-needs access (grocery, pharmacy) is serviceable for a rural location, aligning with workforce housing fundamentals.
- Renter-occupied share above national median supports a deeper tenant pool and leasing stability
- 1982 vintage offers competitive positioning versus older local stock with value-add upside
- Population and household growth within 3 miles expands demand and supports occupancy
- Ownership costs relatively high for local incomes reinforce multifamily reliance and retention
- Risks: rural amenity depth, below-average school ratings, and small-market volatility warrant active management