Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2001
Occupancy 81.0 %

Property Description

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.

Investment Highlights

JLL Capital Markets (“JLL”) is pleased to present West 20 (the “Property”), a 396-unit/1,044- bed purpose-built student housing community located in Gainesville, FL, approximately a quarter mile from the University of Florida, one of the largest and highest ranking public universities in the nation.
Ryan McBride
Ryan McBride
Director, Capital Markets
License details
TX-615957
Teddy Leatherman
Teddy Leatherman
Director, Capital Markets
License details
TX-645273

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