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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
High-rise multifamily apartments
6933 University Ave Gainesville, FL 32607-7601
Entity Owned
7-yr Hold
Property ID
US19-0404126
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2001
Construction
WOOD
Total area
8,938 SF
Lot
5 ac (217,800 SF)
Zoning code
R-3
APN
06655-004-000
UPID
US19-0404126
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
-
Villas at Ashton Square & High Springs Apartment Complex Villa
-
Smash clothes (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$900k
Owner & transaction history
Cs Fl Gainesville LLC · 7 yrs held
Cs Fl Gainesville LLC
since 2019
2 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
$680,000
CAP Approach
CAP Return
Estimation
6%
$1,310,000
6.5%
$1,210,000
7%
$1,125,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$101 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$776,269
Tax year 2022
Assessed value
$6,831,000
Assessed 2023
Previous assessed
$5,786,600
+18.0% YoY
Effective rate
11.36%
On assessed value
Assessed land
$2,352,309
Assessed improvement
$4,478,691
Land market value
$2,352,309
Improvement market value
$4,478,691
Total market value
$6,831,000
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
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
10
Stories
1
Units
66
Rooms
9
Bathrooms
20
Total area
8,938 SF
Lot
5 ac (217,800 SF)
Zoning code
R-3
APN
06655-004-000
UPID
US19-0404126
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
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
10
Units
66
Rooms
9
Bathrooms
20
Lot
5 ac
Current owner
From public records · entity-resolved
Cs Fl Gainesville LLC
Entity
Mailing address
250 W 54TH ST, NEW YORK, NY 10019-5597
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
$5,461,700
Cs Fl Gainesville LLC
Villas At Ashton Square LLC
Special Warranty Deed
$4,156,000 · Capital One Bank NA
May 24, 2007
$2,964,600
Villas At Ashton Square LLC
Gainesville Properties Ltd
Warranty Deed
$2,812,000 · Merchants & Southern Bank
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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