Description

The JLL Student Housing Team is pleased to present The Standard at Gainesville, a premier 430-unit, 1,200-bed student housing community positioned directly across from the main entrance to the University of Florida. This irreplaceable location has driven exceptional performance, maintaining 99% average occupancy since delivery in 2017.

The University of Florida— a Tier-1, Power Four research university and the nation's fourth largest by enrollment—has seen enrollment grow 7% to over 63,000 students while applications doubled to 92,000 over the past five years. With enrollment growth outpacing new bed deliveries 2:1 and strict regulatory constraints limiting supply, The Standard represents a rare opportunity to acquire the best-located asset in a severely undersupplied market. Strategic capital deployment for interior upgrades and amenity enhancements will capture market-leading rents and solidify the Property's competitive dominance.

...

Caractéristiques de l'actif

Nombre d'unités

430

Lits

1 200

Occupation

99 %

Année de construction

2017

Média

Points clés d'investissement

Irreplaceable Campus-Adjacent Location – Positioned directly at the gates of UF with unmatched visibility and accessibility that new supply cannot replicate

Exceptional Operating Performance – 99% average occupancy since 2017 delivery with 7% compounded annual rent growth

Record High Campus Foot Traffic – #1 ranked location in Gainesville with 948,600 annual visits (99th percentile nationwide per Placer.ai)

Institutional University Fundamentals – UF enrollment grew 20% over the past decade to 63,148 students: AA2/AA+/AA- credit ratings with $2.4 billion active capital program

Severe Supply-Demand Imbalance – Enrollment growth outpacing new bed deliveries 2:1; 25% of total enrollment (15,891 students) remains unmet by existing housing inventory

Blue-Chip Retail Tenancy with Upside – 59,000 SF anchored by Chase Bank and Chick-fil-A; strategic re-leasing of five vacant bays presents $440,000+ annual income opportunity