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Six-Property Multifamily Portfolio
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390 SE BAKER AVE, Lake City, FL 32025

Fully occupied rental portfolio spanning multiple multifamily properties.

Property SizeContact for details
Days on Market10

Property Features for 390 SE BAKER AVE

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Listing Agency: Daniel Crapps Agency, Inc
Listed By: Daniel Crapps · License #FL 18124
Source: Crexi
Added: Sep 10 Changed: Sep 17 Last Checked: Sep 19 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Crapps Agency, Inc

Investment Insights

Based on property information with market context.

This multifamily offering combines six separate residential properties into one rental portfolio, including a five-unit complex at 390 SE Baker Ave. The properties are positioned as income-producing residential assets with reported occupancy across the portfolio.

The additional properties are located at 401 SW Alachua Ave, 654 NW Ridgewood Ave, 1122 SE Lanvale St, 632 SW Satellite Ln, and 722 SW Satellite Ln. Inspection reports are available for four properties, while listing materials include photographs of three locations and viewing links for the remaining properties.

Key Highlights

  • Six separate multifamily properties offered as one portfolio
  • 100% occupancy reported across the portfolio
  • Five‑unit complex at 390 SE Baker Ave

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby

Demographics for 32025, FL

21,886
Population
9,162
Households
2.4
Avg Household Size
41
Median Age
16%
College-Educated
86%
High-School Grad
104.6 sq mi
ZIP Area
209
Density / Sq Mi
$47,074
Median Household Income
$37,493
Median Earnings
$943
Median Rent
$184,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully occupied rental portfolio spanning multiple multifamily properties.
Where is this multifamily property located?
The property is located at 390 SE BAKER AVE Lake City, FL.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Six separate multifamily properties offered as one portfolio; 100% occupancy reported across the portfolio; Five‑unit complex at 390 SE Baker Ave
(386) 397-3002 Call to check price and availability
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