Technical
Financial
Distress signals
Property profile

205 16th Ave Gainesville, FL 32601

OFF-MARKET
High-rise multifamily apartments
Property ID
US18-9193883
10,287 SF 18.75 ac lot Built 1972
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1972
Construction WOOD
Total area 10,287 SF
Lot 18.75 ac (816,750 SF)
Zoning code RMF7
APN 15701-055-000
UPID US18-9193883

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • (Bike/Boat/Book/etc) Store
  • Computer & Electronic Repair
  • Car Wash
  • Apartment Complex Apartment Building

Location

205 16th Ave Gainesville, FL 32601-8621
Gainesville metro Census 808 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2021
Last sale
$336,000
7 recorded transactions
2021
$336,000
2013
$5.3M
2013
$5.3M
2012
$831,900
2008
Price N/A
2004
$11.3M
1969
Price N/A

Zoning & alternative use

RMF7 · Gainesville, FL
Zoning description

) Sec. 30-4.17. - Dimensional standards. The following tables contain the dimensional standards for the various uses allowed in each district: Table V-5: Residential Districts Dimensional Standards. SF RC MH RMF-5 RMF-6…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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