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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
High-rise multifamily apartments
1130 5th Ave Gainesville, FL 32601-1311
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-3451694
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,371 SF
Lot
0.28 ac (12,197 SF)
Zoning code
U5
APN
13123-000-000
UPID
US18-3451694
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Row on 5th Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$1.24M
Owner & transaction history
Blue Apt Investments LLC · 8 yrs held
Blue Apt Investments LLC
since 2018
6 recorded transactions
Zoning & alternative use
U5 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$61,003
Tax year 2023
Assessed value
$4,000,000
Assessed 2023
Previous assessed
$3,196,100
+25.2% YoY
Effective rate
1.53%
On assessed value
Assessed land
$676,808
Assessed improvement
$3,323,192
Land market value
$676,808
Improvement market value
$3,323,192
Total market value
$4,000,000
Applied tax rate
3,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
15
Rooms
16
Bathrooms
2
Total area
19,371 SF
Lot
0.28 ac (12,197 SF)
Zoning code
U5
APN
13123-000-000
UPID
US18-3451694
Jurisdiction
ALACHUA
Zoning & alternative use
U5 · Gainesville, FL
Zoning U5 · permitted uses
U5 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
15
Rooms
16
Bathrooms
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Blue Apt Investments LLC
Entity
Mailing address
6626 ROXBURY LN, MIAMI BEACH, FL 33141-4533
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2018
$17,800
Blue Apt Investments LLC
Avenyl LLC
Warranty Deed
$12,500,000 · Allegiant Capital Funding LLC
Oct 7, 2011
—
Laurel Vue LLC
—
Trustees Deed
related
$1,803,000 · Campus USA Cu
Oct 14, 2010
—
Laurel Vue LLC
Mcmanus,judy
Quit Claim Deed
related
—
Dec 3, 2007
$300,000
Judy Mcmanus
William Glenn Ebersole
Deed
$225,000 · Wachovia Mortgage Corp
Apr 21, 1997
$160,000
Wanda C Ebersole
Jack Williams Co
Grant Deed
$110,000 · Seller
—
—
Laurel Vue LLC
—
Deed Of Trust
related
$2,250,000 · Florida Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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