Updated Aug 18, 2026
Jeff Guberman Of Ivy Capital Acquires Student Housing At 3205 Northwest 83rd Street For $40.7M
3205 Northwest 83rd Street
$40,700,000
Units
337
Asset Type
Student Housing
Closing
Aug 14, 2026
About this deal
AI
A 337-unit, 1,178-bed student housing property was sold at 3205 Northwest 83rd Street, Gainesville, FL. The transaction occurred for a total price of $40,700,000, resulting in a price per unit of $120,772. The property is strategically located across from Santa Fe College and is categorized as a value-add community.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $40,700,000
- Units: 337
- Beds: 1,178
- Price Per Unit: $120,772
- Buyer: Jeff Guberman - Ivy Capital
- Seller: Jennifer Clince - The Collier Companies
- Date of Sale: 08/14/2026
- Market: Gainesville, FL
Caliber Living has been appointed to manage the property following the acquisition. They plan to implement renovations to the units and reposition rents to enhance the community's value.
Players
Nord Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
Loading comparables…
Deal FAQ
Visit Jennifer Clince to view all their deals.
Browse Nord student housing sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93