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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
4803 34th Pl Gainesville, FL 32608-3084
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-8347998
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2021
Construction
STEEL FRAME
Total area
134,068 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R-1AA
APN
06820-002-004
UPID
US18-8347998
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
-
Quintero Notary Service Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New City Place LLC · 4 yrs held
New City Place LLC
since 2022
Last sale
$68.5M
7 recorded transactions
Zoning & alternative use
R-1AA · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$99
Tax year 2023
Assessed value
$100
Assessed 2023
Previous assessed
$100
+0.0% YoY
Effective rate
99.00%
On assessed value
Assessed land
$14
Assessed improvement
$86
Land market value
$14
Improvement market value
$86
Total market value
$100
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
111
Total area
134,068 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R-1AA
APN
06820-002-004
UPID
US18-8347998
Jurisdiction
ALACHUA
Zoning & alternative use
R-1AA · Gainesville, FL
Zoning R-1AA · permitted uses
R-1AA · 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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
111
Lot
3.78 ac
Current owner
From public records · entity-resolved
New City Place LLC
Entity
Mailing address
8902 N MERIDIAN ST STE #205, INDIANAPOLIS, IN 46260-5369
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
$68,500,000
New City Place LLC
Cp City Place Holdings LLC
Warranty Deed
$48,440,000 · United Fidelity Bank Fsb
Oct 25, 2019
$2,598,217
Cp City Place Holdings LLC
Celebration Pointe Hldgs LLC
Trustees Deed
$36,294,929 · Mre Credit LLC
Oct 16, 2019
$100
Shops At Celebration Pointe Ll
Celebration Pointe Hldgs LLC
Warranty Deed
related
—
Aug 23, 2019
$100
Celebration Pointe Hldgs LLC
Celebration Pointe Hldgs II Ll
Warranty Deed
—
Aug 2, 2019
$100
Celebration Pointe Hldgs LLC
Celebration Pointe Hldgs II Ll
Warranty Deed
related
—
Mar 21, 2019
—
Shops At Celebration Pointe Ll
—
Deed
related
$2,122,500 · Citizens St Bk
—
—
Shops At Celebration Pointe Ll
—
Deed Of Trust
related
$2,122,500 · Citizens St Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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