Gainesville Multifamily Portfolio Near UF Just Sold

Gainesville multifamily portfolio near University of Florida sold by Eric Ligman and Marlon Bruce

Eric Ligman and Marlon Bruce Celebrate Successful Student-Housing Investment Sale

Bosshardt Realty Services is pleased to announce the successful sale of a Gainesville multifamily portfolio near the University of Florida. Located at 1005 NW 3rd Avenue, this student-living investment property featured three multifamily buildings, 19 bedrooms, and additional development potential.

Eric Ligman represented both the buyer and seller in the transaction, working alongside co-agent Marlon Bruce to bring the sale to a successful closing.

Gainesville Multifamily Portfolio: Property Highlights

This income-producing investment opportunity featured approximately 8,166 square feet across three multifamily buildings on a combined 0.60 acres.

Key property features included:

  • Three multifamily buildings
  • 19 bedrooms
  • 13 full bathrooms and 2 half bathrooms
  • Approximately 8,166 square feet
  • Renovations completed in 2024–2025
  • Additional ±0.12-acre buildable lot
  • On-site parking
  • Walking distance to the University of Florida and nearby amenities

The combination of existing rental units, recent improvements, and potential development opportunities made this property an appealing investment in Gainesville’s student-housing market.

Successful Gainesville Multifamily Portfolio Sale

The successful closing of this Gainesville multifamily portfolio highlights the importance of experienced commercial real estate representation.

Eric Ligman handled both sides of the transaction, representing the buyer and seller while collaborating with co-agent Marlon Bruce.

Commercial real estate transactions often require careful coordination between multiple parties, an understanding of property values, and effective negotiation strategies.

Their combined efforts helped bring this multifamily investment transaction to a successful conclusion.

Why Gainesville Multifamily Investments Attract Interest

Gainesville’s proximity to the University of Florida creates opportunities for investors seeking student-oriented rental properties and other multifamily assets.

Properties located near campus offer convenient access to university facilities, shopping, restaurants, and employment opportunities.

For investors considering Gainesville multifamily investments, several factors can influence a property’s long-term potential, including location, rental income, operating expenses, property condition, and future development opportunities.

This recently sold portfolio combined several of these characteristics in an established Gainesville rental market.

Looking to Buy or Sell a Gainesville Multifamily Portfolio?

Whether you own student housing near the University of Florida, an apartment complex, or another income-producing property, understanding current market conditions can help you make informed investment decisions.

Eric Ligman works with commercial property owners, investors, and buyers throughout Gainesville and North Central Florida.

From evaluating investment properties to marketing commercial assets and negotiating transactions, Eric provides professional guidance throughout the buying and selling process.

 

Eric Ligman | Commercial and Land Division
Bosshardt Realty Services
Phone: (352) 256-2112
Email: ericligman@bosshardtrealty.com
Website: www.mygainesvillerealty.com

Contact Eric today to discuss multifamily investment properties, commercial real estate opportunities, and current market conditions throughout Gainesville and North Central Florida.