1000 SW 62nd Blvd | Gainesville, FL 32607
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- LoopNet Team
1000 SW 62nd Blvd
Gainesville, FL 32607
Forest View · Multifamily Property For Sale
·
312 Units
INVESTMENT HIGHLIGHTS
- Rare 312-Unit Student Housing to Conventional Multifamily Conversion Opportunity
- Desirable Location Nearby Major Employment, Retail and Connectivity; Attractive Unit Mix with Large Unit Sizes
- Strong Submarket Fundamentals and Demographics for Conventional Housing
- Unprecedented Value-Add Opportunity to Reposition, Stabilize and Increase NOI by Almost 8X
- Abundant Amenity Package Prime for Overhaul
- Gainesville is a Stable and Growing Submarket Rooted in Education and Medical
PROPERTY FACTS
| No. Units | 312 | Lot Size | 31.74 AC |
| Property Type | Multifamily | Building Size | 554,652 SF |
| Property Subtype | Apartment | Average Occupancy | 75% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1994/1996 |
| Zoning | MF - Multi Family | ||
| No. Units | 312 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 31.74 AC |
| Building Size | 554,652 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built/Renovated | 1994/1996 |
| Zoning | MF - Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Dining Room
- Patio
- Porch
- Window Coverings
SITE AMENITIES
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Tennis Court
- Gated
- Basketball Court
- Furnished Units Available
- Gameroom
- Media Center/Movie Theatre
- Planned Social Activities
- Racquetball Court
- Trash Pickup - Curbside
- Volleyball Court
- Sundeck
- Roommate Matching
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 48 | - | 786 |
| 2+2 | 24 | - | 860 |
| 3+3 | 114 | - | 1,380 |
| 4+4 | 126 | - | 1,380 |
PROPERTY TAXES
| Parcel Number | 06680-005-000 | Improvements Assessment | $29,101,685 |
| Land Assessment | $8,384,915 | Total Assessment | $37,486,600 |
PROPERTY TAXES
Parcel Number
06680-005-000
Land Assessment
$8,384,915
Improvements Assessment
$29,101,685
Total Assessment
$37,486,600
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