Villas at High Springs

The Villas at High Springs is a garden-style apartment located in the Gainesville, FL MSA.  Gainesville ranked as a top 20 MSA for growth by Crescent Sky’s proprietary model at the time of acquisition. Crescent took over the management of the property and hired the previous on-site property manager to ensure continuity.  A renovation program commenced including adding washer dryers, refurbishing cabinets, replacing carpets, and painting select units.

Location: Gainesville, FL

​Business Plan: Value add to bring rents to market rates

Investment Type:  Equity

​Property Type: Garden Style Apartments

Buildings: 10

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