FLAGSHIP MARKET | PROVEN RETURNS

Opportunity

• POWER 4 FLAGSHIP MARKET

  The University of Florida is the state’s flagship university and its most selective public institution, with an admissions rate below 24%. A record 91,896 prospective students applied for admission this year (+20% YoY). With a retention rate of 97% and market-wide occupancy above 95%, Gainesville’s student housing market is robust, experiencing nearly 30% rent growth since 2020.

• PROVEN LOCATION & PERFORMANCE

  The Wynwood presents an excellent opportunity for investors focused on cash flow. Fully stabilized after a comprehensive renovation in 2018-2020, the property has maintained occupancy above 98% ever since, demonstrating strong, consistent demand from University of Florida students.

• ACCRETIVE ASSUMABLE DEBT & REAL CASH YIELD

  The property benefits from assumable debt with a $23.5 million balance at a 4.47% interest rate, offering interest-only payments until 2030. This favorable financing structure supports strong cash yields over a five-year investment period.

• LUXURY FINISHES | VALUE PROVIDER

  The Wynwood offers finishes and amenities similar to new constructions but at a 33% rental discount, maintaining high occupancy and over 20% rent growth since 2020. With limited new supply, it continues to attract budget-conscious students and promises strong rent growth potential.

• LIGHT VALUE-ADD

  After a comprehensive renovation in 2020 and further upgrades in 2023-2024, The Wynwood still offers value-add potential through additional unit enhancements and furnishing options, appealing to students seeking modern amenities.

Location