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30880990
30881017

1005 NW 3rd Ave, Gainesville, FL 32601 For Sale

MB
FL FL SL625253
Bosshardt Realty Services
EL
FL 3086548
Bosshardt Realty Services
Listed by Bosshardt Realty Services
$995,000
135 days on market
Updated 20 days ago

100% Fully Leased Student Housing Portfolio

Details
APN 13972-000-000
Property Type Multifamily
Sub Type Student Housing
Square Footage 5,666
Units 5
Beds 12
Cap Rate 6.88%
NOI $68,410
Occupancy 100%
Price per SqFt $176
Class B
Year Built 2008
Year Renovated 2025
Buildings 2
Stories 3
Acreage 0.170
Zoning U6
Investment Type Stabilized

Leased through July 2027

Marketing description

An outstanding investment opportunity within walking distance to both Publix and the University of Florida. This portfolio features two well-maintained multifamily buildings comprising 12 bedrooms, 11 full baths, and 2 half baths, designed to capture strong rental demand in one of Gainesville’s most sought-after locations. The property is fully leased through July 2026 and already 80% leased through July 2027, providing immediate income stability and strong forward leasing momentum. With its prime location less than three minutes from campus and consistent occupancy, this portfolio is well positioned for both reliable near-term returns and long-term appreciation.

Investment highlights

  • Less than 3 minutes from UF Campus

  • Fully Leased

  • Renovated 2024-2025

  • Built in 2008 (Building 1)

  • 2024 Roof (Building 2)

Listing Contacts

MB
FL FL SL625253
Bosshardt Realty Services
EL
FL 3086548
Bosshardt Realty Services
Listed by Bosshardt Realty Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,410.00
$5,700.83/mo

Valuation Metrics

0
DSCR
6.88%
Cap Rate
6.88%
ROI

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Additional Information

Name
Marlon Bruce
License
FL SL625253
Brokerage
Bosshardt Realty Services, Inc.
Brokerage Phone
3525025407
Title
Commercial Advisor
Brokerage Address
5542 Northwest 43rd Street
Name
Eric Ligman
License
3086548
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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