Florida BTR community up for sale

Florida BTR
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US: JBM Institutional Multifamily Advisors has brought The Collective at Archer, A BTR community in Gainesville, Florida, to the market.

The Collective at Archer is “an institutional grade, fully stabilised, Class A+, Build-to-Rent community” comprising 172 standalone cottages averaging 1,216 square feet, located on 23.8 acres. The Collective at Archer is the only stabilised BTR community in Gainesville.

A call-for-offers date is set for Thursday, March 27th.

Amenities at the scheme include a large resort-style pool, sun deck, and 24/7 fitness centre. There is also a community clubhouse with billiards and arcade games, lounging options and complementary coffee. Other amenities are valet trash, EV charging stations, and detached garages available for rent.

The property consists of a mix of one-, two- and three-bedroom units. Interiors feature open-concept floor plans. Kitchens include stainless steel GE kitchen appliances; granite countertops; single basin, undermount sinks with pull-down gooseneck faucet; and subway tile backsplash. The cottages have wood-inspired plank flooring, designer light fixtures, Ring Video Doorbell Pro, large walk-in closets, and private fenced-in backyards in all homes.

The property is located on Florida SR 24 and is down the road from I-75. Nearby are numerous retail and dining options, universities, and tremendous healthcare facilities. Less than 15 minutes away is the University of Florida, which was named by Forbes as the #4 public university in the US. For Fall 2024, UF had 61,000+ students enrolled.

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