| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Good |
| Demographics | 38th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 315 Puckett Rd, Perry, FL, 32348, US |
| Region / Metro | Perry |
| Year of Construction | 1982 |
| Units | 36 |
| Transaction Date | 2019-12-04 |
| Transaction Price | $638,000 |
| Buyer | HALLMARK PERRY LLC |
| Seller | PERRY APARTMENT LTD |
315 Puckett Rd Perry, FL Multifamily Investment
Neighborhood occupancy is steady and renter demand is supported by a moderate renter-occupied share, according to WDSuite’s CRE market data. The submarket’s pricing sits below national medians, which can aid retention while requiring disciplined revenue management.
Perry’s A+–rated neighborhood stands out within Taylor County, ranking 1 out of 14 metro neighborhoods. Occupancy in the neighborhood is in the top quartile among the 14 metro neighborhoods, supporting leasing stability for workforce-oriented assets. Renter-occupied housing accounts for a moderate share of units, indicating a defined but not oversupplied tenant base for multifamily.
Amenity access is balanced for a rural setting: grocery and pharmacy availability track slightly above national midpoints, while restaurants and cafes are around the national middle. Park access lags, which is common in low-density areas. These patterns suggest day-to-day convenience without the premium amenity density seen in urban cores.
On housing costs, the neighborhood’s contract rents are below the national median and the rent-to-income ratio is moderate, pointing to manageable affordability pressure that can support renewal rates but may limit near-term pricing power. Home values are on the lower end nationally, which means ownership is relatively accessible in the area and can create competition for some renter households; operators typically differentiate on convenience, flexibility, and turnkey living rather than on price alone.
Demographic indicators aggregated within a 3-mile radius show household incomes below national medians and a stable resident base, fitting a workforce housing profile. Against national CRE trends, this positions assets to compete on value and functionality, with performance driven more by occupancy management and cost control than by outsized rent growth.
Relative to the metro, this neighborhood’s safety profile is favorable: it ranks 1 out of 14 metro neighborhoods for overall crime conditions and sits above national averages for safety. Nationally, indicators align with a safer-than-average environment for both property and violent offenses, which can support tenant retention and reduce operational friction.
Recent trends are mixed. While estimated property offense conditions are strong nationally, the latest year-over-year change shows an uptick in violent offense metrics. This warrants routine monitoring and standard risk management practices rather than a shift in strategy. Comparisons should be made at the neighborhood level and over multi-year periods to avoid over-weighting short-term variance.
The Perry neighborhood’s top-ranked position within Taylor County and above-median safety profile point to durable occupancy. According to CRE market data from WDSuite, neighborhood occupancy is in the top quartile locally, and rents sit below national medians with a moderate rent-to-income ratio — a combination that tends to support renewal and steady leasing while capping near-term pricing leverage.
For multifamily investors, the renter base is present but not saturated, aligning with a workforce demand profile. The ownership market is comparatively accessible, introducing some competition, so execution hinges on cost discipline, turn efficiency, and emphasizing convenience and turnkey living to differentiate from entry-level ownership.
- Neighborhood ranks 1 of 14 in the metro, supporting demand confidence
- Top-quartile local occupancy with rents below national medians aids retention
- Safety indicators track above national averages, assisting leasing stability
- Operational focus: cost control and service differentiation versus entry-level ownership
- Risk: accessible ownership options and mixed crime trend could temper pricing power