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Multi-Family

Prime University of Florida Development Opportunity

949 SW 13th St, Gainesville, FL 32601

Listing Price: Request For Offer

Lot Size
0.62 acres
Land Type
Land

Investment Overview

SP Multifamily Group of Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire the Prime University of Florida deDelopment Opportunity. The opportunity consists of two parcels along the highly trafficked SW 13th St aka Archer Rd with 19,500 AADT. The Prime University of Florida Redevelopment Opportunity is ideally located across the street from the nationally ranked University of Florida Campus. Within minutes of the Departments of Biology, Psychology, Mechanical, Aerospace, Chemical and Environmental Engineering, the School of Construction Management and the College of Medicine. The Prime University of Florida Redevelopment Opportunity is situated within blocks of UF Shands Hospital with over 10,000 employees. It is behind Sorority Row, housing many of the top national sorority organizations and within 4 minutes of Downtown Gainesville and the growing Midtown area. The Prime University of Florida Redevelopment Opportunity is currently zoned U9, allowing 6 habitable stories and over 120 beds. This opportunity resides in both an Enterprise and Opportunity Zone while also following in a Community Reinvestment Area. Current owner operates one of the existing buildings as short-term rental.

Investment Highlights

  • Ideal Location Next to University of Florida Campus (40,000+ Undergraduates) and UF Health Shands Hospital
  • Existing Buildings Can Be Ran As Short-Term Rental Properties Before Redevelopment
  • 0.62 +/- Acres of Land Poised for Redevelopment

Exclusively Listed By

Multi-Family

Prime University of Florida Development Opportunity

Listing Price: Request For Offer

Lot Size
0.62 acres
Land Type
Land

Investment Highlights

  • Ideal Location Next to University of Florida Campus (40,000+ Undergraduates) and UF Health Shands Hospital
  • Existing Buildings Can Be Ran As Short-Term Rental Properties Before Redevelopment
  • 0.62 +/- Acres of Land Poised for Redevelopment

Investment Overview

SP Multifamily Group of Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire the Prime University of Florida deDelopment Opportunity. The opportunity consists of two parcels along the highly trafficked SW 13th St aka Archer Rd with 19,500 AADT. The Prime University of Florida Redevelopment Opportunity is ideally located across the street from the nationally ranked University of Florida Campus. Within minutes of the Departments of Biology, Psychology, Mechanical, Aerospace, Chemical and Environmental Engineering, the School of Construction Management and the College of Medicine. The Prime University of Florida Redevelopment Opportunity is situated within blocks of UF Shands Hospital with over 10,000 employees. It is behind Sorority Row, housing many of the top national sorority organizations and within 4 minutes of Downtown Gainesville and the growing Midtown area. The Prime University of Florida Redevelopment Opportunity is currently zoned U9, allowing 6 habitable stories and over 120 beds. This opportunity resides in both an Enterprise and Opportunity Zone while also following in a Community Reinvestment Area. Current owner operates one of the existing buildings as short-term rental.

Exclusively Listed By

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