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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
High-rise multifamily apartments
3700 Windmeadows Blvd Gainesville, FL 32608-7698
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-2816901
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1972
Construction
WOOD
Total area
8,580 SF
Lot
22.6 ac (984,456 SF)
Zoning code
U9
APN
06810-000-000
UPID
US18-2816901
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
-
Aqua at Windmeadows Pool Swimming Pool Hardware & Home Improvement
-
Filmmakers Meetup Film Production Television Studio
-
Aqua at Windmeadows Basketball Court Sports Field & Court Construction Company
-
Aqua at Windmeadows Tennis Court Sports Field & Court Sports School
-
CASITA Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Windmeadowsw Apartments Owner LLC · 7 yrs held
Windmeadowsw Apartments Owner LLC
since 2019
6 recorded transactions
Zoning & alternative use
U9 · 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
$785,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$151 / 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
$618,059
Tax year 2023
Assessed value
$39,686,900
Assessed 2023
Previous assessed
$47,477,200
-16.4% YoY
Effective rate
1.56%
On assessed value
Assessed land
$13,555,456
Assessed improvement
$26,131,444
Land market value
$13,555,456
Improvement market value
$26,131,444
Total market value
$39,686,900
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
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
21
Stories
2
Units
100
Rooms
1
Bathrooms
54
Total area
8,580 SF
Lot
22.6 ac (984,456 SF)
Zoning code
U9
APN
06810-000-000
UPID
US18-2816901
Jurisdiction
ALACHUA
Zoning & alternative use
U9 · Gainesville, FL
Zoning U9 · permitted uses
U9 · 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
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
21
Units
100
Rooms
1
Bathrooms
54
Lot
22.6 ac
Current owner
From public records · entity-resolved
Windmeadowsw Apartments Owner LLC
Entity
Free & Clear · 7 yrs held
Mailing address
107 S 2ND ST, PHILADELPHIA, PA 19106-3122
Ownership since
2019
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
Mar 7, 2019
$39,500,000
Windmeadowsw Apartments Owner LLC
Mckinley Windmeadows LLC
Special Warranty Deed
—
Apr 3, 2012
$20,000,000
Mckinley Windmeadows LLC
Vrb Corp
Special Warranty Deed
$16,000,000 · The Privatebank & Trust Co
Dec 19, 2011
$100
Comerica Bk
Windmeadows Funding Co Coc
Trustees Deed
related
—
Jun 20, 2006
$26,647,500
Windmeadows Funding Co INC
Butler,s Clark
Grant Deed
related
$26,147,000 · First Horizon Home Loan Corp
Dec 30, 2004
—
Butler S C Trust
Butler,s C
Quit Claim Deed
related
—
—
—
Mckinley Windmeadows LLC
—
Deed Of Trust
related
$21,237,200 · Berkadia Commercial Mortgage
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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