| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Good |
| Demographics | 38th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 427 Puckett Rd, Perry, FL, 32348, US |
| Region / Metro | Perry |
| Year of Construction | 1990 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
427 Puckett Rd, Perry FL Multifamily Investment
Neighborhood occupancy of 92.2% suggests stable renter demand in this Taylor County submarket, according to WDSuite’s CRE market data. Rents sit at accessible levels for the area, supporting retention while leaving room for disciplined value-add execution.
The property sits in a rural neighborhood of Perry with an A+ neighborhood rating and a profile that is competitive among Taylor County’s 14 neighborhoods. Amenities index and daily-needs access score above national midpoints, with cafes, groceries, and pharmacies ranking among the stronger concentrations locally, while park access is limited. This mix supports everyday convenience for residents, which can aid leasing and renewal velocity.
Neighborhood occupancy is 92.2% (neighborhood metric, not the property), ranking 3rd out of 14 in the metro, which places it in the top quartile among metro neighborhoods. That backdrop points to comparatively steady absorption and supports pricing discipline when paired with prudent leasing strategies.
Within a 3-mile radius, income levels trend below national medians while rent-to-income ratios remain manageable, a combination that can support lease retention and reduce near-term affordability pressure. Median home values in the area are comparatively low for the nation, which means ownership is more accessible than in high-cost markets; for investors, that typically implies some competition from entry-level ownership options and requires focus on product differentiation and resident experience to sustain pricing power.
Renter-occupied housing comprises about one-third of neighborhood units, indicating a moderate renter concentration and a defined but not deep tenant base. For multifamily property research, this usually favors well-managed workforce housing and smaller-unit mixes that match local demand, with marketing calibrated to capture a steady flow of renters rather than large lease-up waves.
Safety indicators benchmark well versus national comparisons: the neighborhood’s overall crime positioning is in the higher national percentiles for safety, with both property and violent offense rates comparing favorably nationwide. At the metro scale, the area ranks near the top among 14 neighborhoods, signaling an above-metro-average safety profile.
Recent trends show mixed signals: while property offenses have improved year over year, violent offense measures have ticked up. Investors should underwrite with conservative assumptions, monitor trendlines, and consider standard security and lighting enhancements appropriate for the submarket.
Built in 1990, the asset is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock while leaving room for targeted modernization of systems and common areas. Neighborhood occupancy of 92.2% (neighborhood metric) ranks 3rd of 14 and sits around the mid–50th national percentile, pointing to durable renter demand and generally stable leasing. Based on commercial real estate analysis from WDSuite, attainable rents and a moderate renter base support steady cashflow potential when paired with disciplined expense control.
The surrounding area shows everyday convenience via groceries, cafes, and pharmacies, though limited park access and more accessible ownership options argue for thoughtful amenity programming to sustain retention. With a renter-occupied share near one-third of units locally, marketing and operations should focus on workforce-oriented demand capture and resident experience to protect occupancy through cycles.
- Newer 1990 vintage versus local average, with modernization and light value-add potential
- Neighborhood occupancy 92.2% and top-quartile metro rank support leasing stability
- Everyday-needs access (groceries, cafes, pharmacy) aids tenant retention
- Manageable rent-to-income dynamics support renewal strategies and pricing discipline
- Risks: limited park access, moderate renter base, and mixed safety trendlines require prudent underwriting