The Jacobson Company has acquired Liv+ Gainesville, a 618-bed student housing community in Gainesville, Fla., adjacent to the University of Florida.
The sellers, a joint venture of Stark Enterprises and Campus Advantage, developed the property, after landing a $43.8 million construction loan funded by U.S. Bank back in 2018, according to Yardi Matrix data.
Completed in 2020, Liv+ Gainesville spans 11.4 acres and comprises a four-story building with 235 units across a mix of studio to six-bedroom floorplans, varying from 351 to 1,795 square feet. Units are equipped with laundry facilities, smart TVs and high-speed internet. Community amenities include a fitness center, swimming pool, 24-hour market, resident lounge, study lounger, a clubhouse, a dog park and pet spa.
Located at 1900 SW 13th St., the community is less than a mile from the University of Florida campus and Ben Hill Griffin Stadium. Numerous dining and entertainment options are within walking distance of the community, while Gainesville city center is some 2 miles northeast of the property.