San Felasco Hammock and the Santa Fe River keep the outdoor crowd close. Chino looks here for storage, small multifamily, and businesses that serve both the Main Street visitors and the park workforce.
Why this market
- Historic Main Street with shops and dining
- Progress Park corporate and biotechnology employers
- San Felasco Hammock and Santa Fe River recreation
- Direct I 75 access north of Gainesville
What Chino buys here
Self storage, small multifamily, workforce lodging, and steady Main Street businesses.
Chino has $400,000 to put down and financing lined up for purchases up to about $3.4 million. He keeps deals that pay for themselves and net him a fair living without a full time grind.
How Chino looks at a Alachua deal
The first question is always whether the numbers work on what the place earns today, not on a story about what it might earn someday. Chino underwrites a Alachua deal on its trailing twelve months, checks that the income covers the loan with room to spare, and looks for one clear lever to improve it, like adding sites, raising under market rents, or filling empty space. If a deal needs everything to go right just to break even, it is not a fit. If it pays for itself from day one and has room to grow, that is the kind of Alachua property he wants to own. The financing is already lined up, so once the numbers check out he can move without a long wait.