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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
High-rise multifamily apartments
3020 Archer Rd Gainesville, FL 32608-1812
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0695412
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,450 SF
Lot
3.73 ac (162,479 SF)
Zoning code
BUS
APN
06785-002-000
UPID
US18-0695412
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 Lofts Apartment Complex Apartment Building
-
the forrester group Advertising Agency Marketing & Advertising
-
Awa's African Hair Braiding Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$680k
Owner & transaction history
Skywood Lofts LLC · 3 yrs held
Skywood Lofts LLC
since 2022
5 recorded transactions
Zoning & alternative use
BUS · 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
$815,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$153 / 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
$145,821
Tax year 2023
Assessed value
$6,274,800
Assessed 2023
Previous assessed
$6,065,400
+3.5% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,138,710
Assessed improvement
$5,136,090
Land market value
$1,138,710
Improvement market value
$5,136,090
Total market value
$6,274,800
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
11
Stories
2
Units
100
Rooms
1
Bathrooms
13
Total area
4,450 SF
Lot
3.73 ac (162,479 SF)
Zoning code
BUS
APN
06785-002-000
UPID
US18-0695412
Jurisdiction
ALACHUA
Zoning & alternative use
BUS · Gainesville, FL
Zoning BUS · permitted uses
BUS · 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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
11
Units
100
Rooms
1
Bathrooms
13
Lot
3.73 ac
Current owner
From public records · entity-resolved
Skywood Lofts LLC
Entity
Free & Clear · 3 yrs held
Mailing address
13 1ST AVE, WATERBURY, CT 06710-2216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
Skywood Lofts LLC
Arp 3020 Sw Archer Road LLC
Correction Deed
related
—
Aug 18, 2022
$6,584,400
Skywood Lofts LLC
Arp 3020 Sw Archer Road LLC
Special Warranty Deed
$50,735,000 · Merchants Bank Of Indiana
Aug 18, 2022
$3,102,400
Arp 3020 Sw Excelsa Archer Road LLC
Arp 3020 Sw Archer Road LLC
Special Warranty Deed
—
Aug 14, 2018
$5,500,000
Arp 3020 Sw Archer Road LLC
Archer Woods Sa Of Ne INC
Warranty Deed
$4,050,000 · Cbre Cap Markets
Jan 28, 2005
$2,750,000
Archer Woods Sa Of Ne INC
Campus Lands Corp
Warranty Deed
$2,200,000 · Campus USA 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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