| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Good |
| Demographics | 38th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 544 Puckett Rd, Perry, FL, 32348, US |
| Region / Metro | Perry |
| Year of Construction | 1990 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
544 Puckett Rd, Perry FL Multifamily Investment
Neighborhood-level occupancy trends point to steady renter demand and service access in a rural setting, according to WDSuite’s CRE market data. Focus is on stability over rapid growth, with investor attention best placed on retention and operational efficiency.
The property sits in a rural Perry location with everyday conveniences relatively close by. Neighborhood amenity access for groceries, pharmacies, and dining is competitive among the 14 Taylor County neighborhoods, with several categories ranking near the top locally and landing around the national middle of the pack. While formal parks are limited, the area’s rural character offers alternative outdoor and recreation options beyond traditional park space.
Occupancy at the neighborhood level is around the national midpoint, and the area’s renter concentration (share of housing units that are renter-occupied) trends higher than many U.S. neighborhoods. Together, these signals support a stable tenant base and consistent leasing, though demand is shaped by a smaller rural market footprint rather than large-scale urban inflows.
For investors evaluating rent setting and retention, local rent-to-income ratios are relatively manageable compared with many markets nationwide. In a high-cost ownership context, this typically reinforces reliance on multifamily housing; here, however, ownership costs are more accessible relative to national benchmarks, which can introduce some competition with entry-level ownership options. This dynamic places a premium on product quality, resident experience, and lease management to maintain pricing power and renewal rates.
Vintage context matters: neighborhood housing skews to the early 1980s on average, and a 1990 asset can compete well against older stock while still benefiting from targeted modernization of interiors and building systems. Demographic statistics referenced are aggregated within a 3-mile radius; while recent growth trends are not specified, the area’s small scale suggests focusing on steady absorption and retention rather than rapid lease-up assumptions.
Safety indicators compare favorably in this submarket context. The neighborhood ranks among the strongest for lower crime within Taylor County (competitive among 14 metro neighborhoods), and national comparisons place it above average overall. Property-related offenses trend particularly favorable versus U.S. neighborhoods, while violent crime measures also compare well nationally.
Recent data show some year-over-year variability, including an uptick in violent offense measures from a low base, which merits routine monitoring and standard on-site security best practices. As always, investors should consider multi-year trends and property-level controls when underwriting.
This 37‑unit, 1990-vintage asset in Perry offers a straightforward workforce housing thesis: neighborhood occupancy sits near the national midpoint, renter concentration is comparatively elevated, and everyday services are accessible in a rural setting. According to CRE market data from WDSuite, the local ownership market is relatively accessible versus national norms, so sustained performance will rely on resident retention, amenity execution, and efficient operations rather than outsized rent growth.
The 1990 construction year positions the property competitively against older neighborhood stock, with clear value-add pathways through interior updates and systems modernization. Given the market’s scale, underwriting should emphasize stabilized operations, modest rent pacing aligned to rent-to-income levels, and ongoing attention to safety and community standards.
- Neighborhood occupancy near national median supports steady leasing conditions
- Renter-occupied share indicates a viable tenant base for smaller assets
- 1990 vintage offers value-add potential versus older local stock
- Local services and essentials are competitive within the county
- Risks: smaller rural demand pool and ownership competition require disciplined rent strategy and retention focus