2601 SW Archer Rd. #217E, Gainesville, FL 32608

This property is a great investment in the University of Florida area. Complex is on the UF bus route and right next to the campus. Current rent is $475 per room all inclusive (with utility caps). Current market rate for rent in the complex is $500. New HVAC in 2018, new dishwasher in 2018, new water heater 2021. All appliances are included and in good condition. The community includes pool, spa, sun deck, lighted tennis & basketball courts, and clubhouse with study, game, fitness, and lounge rooms. Cox cable and internet is included with in the condo fee. All 4 rooms are currently leased through the summer. Rooms have been easy to rent through local ads and Facebook University Groups. Complex does not comply with FNMA guidelines and can not qualify for any FNMA conforming loan