The Ravines - 16-unit Multifamily Community

For Sale

25 SW 71st Way, Gainesville, FL 32607

This Gainesville property for sale is located at 25 SW 71st Way. The current listed sale price for The Ravines - 16-unit Multifamily Community is $3,000,000. The Ravines - 16-unit Multifamily Community is situated on a lot that is 1.74 acre in size.

Contacts

Brian Oen, SIOR

Lee & Associates Gainesville

Property Details

  • Property Type Multi-Family
  • Property Size 18,240 SF
  • Units 16
  • Lot Size 1.74 Acre
  • Year Built 2007
  • Date Updated Sep 29, 2026
Southwest Gainesville, Tower Road & Newberry Road corridorThe Ravines is a 16-unit multifamily community built in 2007, comprising 18,240 square feet on 1.74 acres and zoned R3. The asset is 100% occupied and offers a uniform floor plan across all units: two-story, townhouse-style two bedroom, two and a half bath layouts averaging 1,140 square feet, each with an in-unit washer and dryer, a private rear patio and yard, and ample surface parking. Interiors have been renovated and the 2007 construction date places the property well outside the deferred maintenance profile that defines most Gainesville apartment inventory of this size, where post-2000 product at 10 or more units is rare enough to be effectively unavailable. In-place rents average $1,538 per month and ownership represents $1,600 achievable on turnover with no capital required; an interior program of approximately $5,000 per unit for kitchen countertops and appliances supports rents of $1,750, a scope that pencils to roughly a 32% return on cost.
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Highlights

  • 100% occupied across all 16 units.
  • 2007 construction, a rare vintage in this market.
  • 5± Miles to the University of Florida
  • Close proximity to HCA North Florida Hospital
  • Ideal 1031 exchange replacement property.
  • Immediate mark-to-market with no capital required.
  • In-unit washer and dryer in every unit
  • Uniform unit mix simplifies operations and turnover.

Attachments

Getting around

  • 59/100

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  • 57/100

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Location

  • City Gainesville, FL
  • Neighborhood Gainesville
  • Zip Code 32607
  • Market North Central Florida

Points of Interest

  • BP

    0.46 miles

  • Circle K

    0.51 miles

  • Chevron

    0.51 miles

  • Sunoco

    0.55 miles

  • Daily Mart

    2.17 miles

  • Circle K Gas Station

    2.32 miles

  • Electrify America

    3.05 miles

  • Kangaroo Express

    3.09 miles

  • Tesla Supercharger

    3.20 miles

  • ChargePoint

    3.47 miles

  • South Parking

    2.38 miles

  • Millhopper Library Branch

    2.74 miles

  • Facilities Services Parking Lot

    2.98 miles

  • Maguire Village Parking

    3.01 miles

  • University Village South Parking

    3.02 miles

  • Bledsoe Drive Parking

    3.08 miles

  • Softball Complex Parking

    3.12 miles

  • Surplus Parking

    3.14 miles

  • Mail & Document Services Parking

    3.20 miles

  • Cultural Plaza Parking

    3.20 miles

  • Baymont Gainesville

    0.22 miles

  • TownePlace Suites Gainesville Northwest

    0.42 miles

  • La Quinta Gainesville

    0.60 miles

  • Days Inn

    0.62 miles

  • Hotel Indigo Gainesville-Celebration Pointe

    2.34 miles

  • Aloft Gainesville University Area

    2.66 miles

  • Residence Inn Gainesville I-75

    2.69 miles

  • Holiday Inn Express & Suites Gainesville I-75

    2.80 miles

  • Comfort Inn

    2.85 miles

  • Homewood Suites

    2.89 miles

  • JCPenney

    0.48 miles

  • Dillard's

    0.49 miles

  • The Oaks Mall

    0.53 miles

  • Belk

    0.62 miles

  • Publix

    0.85 miles

  • La Aurora Latin Market

    2.40 miles

  • The Fresh Market

    2.43 miles

  • Walmart Supercenter

    2.56 miles

  • ALDI

    2.89 miles

  • Target

    3.04 miles

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