Listing Agency: Daniel Crapps Agency, Inc

Listed By: Daniel Crapps · License #FL 18124 Show Phone

Source: Crexi

Added: Sep 10 Changed: Oct 25 Last Checked: Nov 3 at 6:10AM

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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

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

936

Businesses Nearby

Explore this area Business Placement

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

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