| Going-In Yield: 6.54% cap rate on in-place income (tax- and insurance-adjusted) |
| Embedded Upside: Average in-place rents of $1,025 with immediate mark-to-market upside to approximately $1,100 |
| Efficient Utility Structure: Electricity individually metered and paid directly by tenants; water and sewer recovered through a RUBS program |
| Recent Capital Investment: Over $450,000 invested in renovations |
| Prime US-441 Frontage: Positioned directly on SW 13th Street (US-441), one of Gainesville's primary North-South arterials |
| University of Florida Proximity: Approximately 4 miles (an 8-minute drive) from the University of Florida, the State's flagship research university |
Mark Savarese
Franklin Street
