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3527 SW 20th Ave
Gainesville, FL 32607
On20 Apartments · Multifamily Property For Sale
·
396 Units
PROPERTY FACTS
| No. Units | 396 | Building Size | 392,241 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2002 |
| Building Class | B | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 25.00 AC | ||
| Zoning | U9 | ||
| No. Units | 396 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 25.00 AC |
| Building Size | 392,241 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | U9 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Eat-in Kitchen
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Basketball Court
- Furnished Units Available
- Package Service
- Volleyball Court
- Storage Space
- Lounge
- Maintenance on site
- Sundeck
- Roommate Matching
ABOUT 3527 SW 20TH AVE , GAINESVILLE, FL 32607
West 20 was recently outfitted with updated hardwood-style flooring in all 396 units, yet there remains a significant opportunity to continue the modernization of the Property through a fresh renovation program targeting both interior finishes and various community amenities. Many of the competing student housing communities in inferior locations are charging higher rental rates than West 20 and have recently completed renovation programs that achieve meaningful premiums over non-renovated units. This signals strong demand for higher-end student housing and a significant opportunity for future rent growth at West 20.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | - | 614 |
| 2+2 | 132 | - | 879 |
| 3+3 | 132 | - | 1,112 - 1,199 |
| 4+4 | 84 | - | 1,401 - 1,448 |
PROPERTY TAXES
| Parcel Number | 06703-000-000 | Improvements Assessment | $53,173,908 |
| Land Assessment | $9,672,992 | Total Assessment | $62,846,900 |
PROPERTY TAXES
