Exceptional investment opportunity steps from the University of Florida — now offered at a reduced price of $2,450,000.. This rare student-living portfolio includes three fully occupied multifamily buildings totaling 8,166 square feet across 0.6 acres in the heart of Gainesville.

Each property has been recently renovated (2024–2025) and is 100% leased, generating a stable income stream of nearly $180,000 per year. With 19 bedrooms, 13 full baths, and 2 half baths, this portfolio caters perfectly to Gainesville’s thriving student housing market — one of the most consistent rental submarkets in North Florida.

Key Highlights

  • Walking distance to University of Florida and Publix Supermarket

  • 13 on-site parking spaces (currently uncharged — immediate revenue opportunity)

  • Includes a buildable 0.12-acre lot for expansion or future development

  • Zoned U-4 and U-6, allowing for flexibility and potential density increase

  • Fully renovated units, new roofs (2024), and modern interiors

  • Strong average rents at $789 per bed, with room for growth to market rate

  • Ideal for 1031 exchange buyers, student-housing investors, or long-term hold strategies

Value-Add Potential
Beyond the strong in-place income, the portfolio offers multiple avenues for growth:

  • Charge for parking (currently free) to increase annual NOI immediately

  • Develop the vacant 0.12-acre lot for additional rental units or short-term housing

  • Adjust rents to market levels — several leases are under market by approximately $1,200 per month combined

  • Leverage prime UF proximity to attract higher-renting tenants seeking premium student housing

Location Advantage
Situated less than three minutes from the University of Florida campus and within walking distance to major amenities, this portfolio benefits from consistent rental demand and low vacancy rates. Gainesville’s population continues to grow, and the UF area remains a magnet for stable student tenants and investors seeking reliable returns.

Offering Summary
Asking Price: $2,450,000
Price per SF: $300.02
Price per Bed: $128,947
Gross Income: $179,952
Occupancy: 100%
Zoning: U-4 & U-6

Invest in Gainesville’s Growing Student Market
With its strategic location, stable income, and multiple value-add levers, this UF Multifamily Portfolio represents one of Gainesville’s best opportunities in today’s multifamily investment landscape.