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Investment Highlights

  • Purpose-Built Student Housing
  • 100% Leased with 5% Rent Growth
  • Zoning Allows for Additional Beds
  • Walking Distance to UF Campus
  • Value-Add Upside on Interiors and Utilities
  • Flagship High-Demand University; UF Ranked #7 Public School in U.S.

Executive Summary

Global Real Estate Advisors (GREA), in cooperation with The Multifamily Advisors, exclusively presents Windsor Hall Student Living, a 114-unit, 200-bed purpose-built student housing community serving the University of Florida in Gainesville, Florida. Windsor Hall offers the opportunity to purchase a walkable-to-campus asset that is 100% leased, serving one of the largest and highest-rated Tier 1 public universities in the nation.
Located within Sorority Row, the Property is a three-minute walk to the edge of the UF campus, closer to classes than many on-campus UF dorms. Residents can walk to Midtown eateries, student nightlife districts, The Swamp Restaurant, Ben Hill Griffin Stadium (home of UF Football), Stephen C. O'Connell Center (home of 2025 National Champions UF basketball), as well as to everyday conveniences including Publix, CVS, and public transit. Furthermore, the site sits between Downtown Gainesville and the University near the Innovation District, offering access to downtown nightlife, local boutiques, cafes, and restaurants, and cultural anchors including the Harn Museum of Art and the Phillips Center for the Performing Arts.
The Property features 112 oversized dorm-style units with a mix of single studios, doubles, and triple-bed units, totaling 189 beds, as well as two fully renovated, historic-era detached homes, totaling 11 beds. The dorm-style units are ~60% larger than standard dorms and feature private kitchenettes and bathrooms, which are rare for this product type, resulting in outsized demand from students.
Community amenities include a private resort-style pool with a newly replaced and refinished sun deck, a clubhouse/study lounge, high-demand reserved on-site parking, a package locker system, renovated common-area gourmet shared kitchens in each building, and laundry facilities on every floor, all within a tranquil, tree-lined neighborhood setting. Ownership is completing common area capital projects that will enhance the Property’s aesthetic inside and out, including new plank flooring in all hallways, all new paint in hallways and laundry rooms, and new entrance doors to each building.
Windsor Hall has been a top-performing student property in the Gainesville market, sustaining 98%-99% occupancy in the 2024-25 and 2025-26 academic years and achieving 100% for 2026-27. Current rents reflect 5% growth over the prior year, on the heels of 4.2% growth achieved from 2024-25 to 2025-26.
Windsor Hall offers multiple paths to additional NOI growth through low-risk interior unit upgrades and utility billback implementation. Simple renovations including new kitchenette cabinets, ceiling fans, new closet doors, bathroom panel doors, and new paint can support rent increases of $75 to $100 per bed, boosting NOI by $200,000. Secondly, Windsor Hall rents are currently inclusive of all utilities (electric, water and sewer, trash, Internet, pest control), with no reimbursement from residents. The off-campus student market typically has residents pay for electric, with many properties billing back for water and charging monthly fees for Internet, trash, and pest control. Implementing a utility reimbursement program and market fees provides a new owner a quick method to reduce expenses and grow NOI.
UF is one of the largest and most prominent Flagship Tier 1 institutions in the U.S., ranking #7 among all national public universities and #30 among all schools by US News and World Report. UF enrolls over 56,000 students and continues to grow, with applications in 2025 growing 25% year-over-year, while still maintaining a selective acceptance rate of 24%.
Combined with clearly identifiable value-add levers in unit interiors and utility recovery, and zoning that permits additional beds on site, Windsor Hall offers a new owner a stabilized, high-conviction cash flow stream with multiple paths to outsized NOI growth at a flagship, high-demand R-1 university.

Property Facts

Price $27,790,401 CAD
Price Per Unit $243,775 CAD
Sale Type Investment
No. Units 114
Property Type Multifamily
Property Subtype Dormitory
Apartment Style Low-Rise
Building Class A
Lot Size 1.65 AC
Building Size 49,342 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 2000/2016
Parking Ratio 0.93/1,000 SF
Opportunity Zone Yes
Zoning RH1

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Carpet
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Basketball Court
  • Maintenance on site
Moderately walkable
70/100
Fairly drivable
40/100
Some public transit
50/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
13430-000-000
Land Assessment
$6,900,993 CAD
Improvements Assessment
$13,597,346 CAD
Total Assessment
$20,498,339 CAD
  • Listing ID: 42014073

  • Date on Market: 2026-09-02

  • Last Updated:

  • Address: 629 SW 9th St, Gainesville, FL 32601

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