How to set this up in uberSVN

Ok, so I'm having a bit of a brain fart here. What I want to do seems pretty simple. We currently have our svn located at:
https://dev.domain.com/svn/<repo directory name>

This works great, except I've been looking at uberSVN for the GUI admin. In moving to the new server what I want to do is setup the svn like this:
/opt/ubersvn/repositories/repos/<repo directory name>
/opt/ubersvn/repositories/archives/<repo directory name>

Mostly because we have lots of old stuff to keep and the devs want to separate it from the new stuff we are doing.... whatever right.....

So what I want is an svn target like this: https://svn.domain.com/repos/<project name> or https://svn.domain.com/archive/<project name>

The only way I can figure this when creating the repository in the uberSVN GUI is by specifying the target in the location like this:

REpo Name: Project1
Location: repos/project1

Is this right or is there another way?