LYFE Properties Group & Skywood Properties Acquire Multifamily Portfolio In Gainesville For $89.5M

The multifamily property located at 2001 SW 16th St, 3020 & 3230 SW Archer Road, 3643 SW 20th Ave & 3100 SW 35th Place in Gainesville has been sold for a price of $89,500,000. The property consists of 582 units, resulting in a price per unit of $153,780. The sale was completed on August 25, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $89,500,000
• Units: 582
• Price Per Unit: $153,780

The buyers in this transaction were LYFE Properties Group and Skywood Properties, while the sellers were Platform Management Group and Excelsa Properties. The deal was facilitated by brokers Nick Meoli and Mike Donaldson from Cushman & Wakefield.