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Property profile & analytics
OFF-MARKET
Estimated value
$2,680,000
High-rise multifamily apartments
205 75th St Gainesville, FL 32607-5751
Entity Owned
25-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0597264
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1990
Construction
WOOD
Total area
27,048 SF
Lot
21.78 ac (948,737 SF)
Zoning code
R-3
APN
06655-022-000
UPID
US18-0597264
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
-
Riley Arthur DVM Veterinary Clinic
-
Reflections Property Management Company Apartment Complex
-
Jeyn Cleaning LLC Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.67M
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$2.68M
Owner & transaction history
Gfm Ventures II LLC · 25 yrs held
Gfm Ventures II LLC
since 2001
4 recorded transactions
Zoning & alternative use
R-3 · 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%
$3,970,000
6.5%
$3,665,000
7%
$3,405,000
Blend value · Realmo final
$2.68M
Range $2.41M – $2.95M · ±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
$99 / 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
$577,439
Tax year 2023
Assessed value
$30,170,300
Assessed 2023
Previous assessed
$29,455,500
+2.4% YoY
Effective rate
1.91%
On assessed value
Assessed land
$8,461,189
Assessed improvement
$21,709,111
Land market value
$8,461,189
Improvement market value
$21,709,111
Total market value
$30,170,300
Applied tax rate
400.0000
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
1990
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
13
Stories
3
Units
100
Rooms
24
Bathrooms
47
Total area
27,048 SF
Lot
21.78 ac (948,737 SF)
Zoning code
R-3
APN
06655-022-000
UPID
US18-0597264
Jurisdiction
ALACHUA
Zoning & alternative use
R-3 · Gainesville, FL
Zoning R-3 · permitted uses
R-3 · 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
1990
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
13
Units
100
Rooms
24
Bathrooms
47
Lot
21.78 ac
Current owner
From public records · entity-resolved
Gfm Ventures II LLC
Entity
Free & Clear · 25 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
Gfm Ventures II LLC
—
Deed
related
$14,400,000 · Cbre Cap Markets
Jan 10, 2001
$5,120,050
Gfm Ventures II LLC
Double Gfm Ventures LLC
Grant Deed
related
—
Dec 30, 1998
$13,500,000
Gfm Ventures Double
Reflections-del American Ltd
Grant Deed
$10,465,000 · Arcs Commercial Mortgage Co LP
—
—
Gfm Ventures II LLC
—
Loan Modification
related
$14,400,000 · Cbre Cap Markets
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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