20-Unit Upgraded Apartment
For Sale
Contact for pricing
10490 Chalmer St, Spring Hill, FL 34608
Two-bedroom, two-bath residences feature updated interiors with shared laundry, a fenced pool, and outdoor gathering areas.
Property SizeContact for details
Days on Market143
Property Features for 10490 Chalmer St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
7%
Average Monthly Rent
$1,720
Units
Unit Mix
20 x 2BR/2BA
Multifamily Units
20
Amenities
laundry rooms
pool
indoor sitting area
outdoor grilling areas
fireplaces
Listing Agency:
Align Right Realty Riverview & Suncoast Offices
(813) 310-2333
Listed By:
Lisa Tackus · License #BK3318884
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Align Right Realty Riverview & Suncoast Offices
Investment Insights
Based on property information with market context.
Located at 10490 Chalmer St in Spring Hill, this apartment property comprises 20 upgraded residences, each offering 2 bedrooms, 2 full baths, and 1,050 square feet. The community is fully occupied and has a waiting list. Reported operating performance includes a 7%+ CAP rate, while some residents have remained in place for more than 10 years.
Recent property improvements include a new roof, new water heaters, exterior painting, remodeled showers, and fireplaces serving each apartment. Residents also have access to two coin-operated laundry rooms, with one located on each story, along with outdoor grilling areas, ample parking, a fenced pool, and an indoor sitting area.
The property combines renovated unit interiors with shared recreational and convenience features in a Spring Hill rental setting. Annual leases follow each unit’s renovation, and P&L statements and rent rolls are available.
Recent property improvements include a new roof, new water heaters, exterior painting, remodeled showers, and fireplaces serving each apartment. Residents also have access to two coin-operated laundry rooms, with one located on each story, along with outdoor grilling areas, ample parking, a fenced pool, and an indoor sitting area.
The property combines renovated unit interiors with shared recreational and convenience features in a Spring Hill rental setting. Annual leases follow each unit’s renovation, and P&L statements and rent rolls are available.
Key Highlights
- 20 apartments, each with 2 bedrooms, 2 full baths, and 1,050 square feet
- 100% occupancy with a waiting list
- 7%+ CAP rate and residents in place for more than 10 years
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 34608, FL
34,363
Population
15,253
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
15.2 sq mi
ZIP Area
2,261
Density / Sq Mi
$62,197
Median Household Income
$36,740
Median Earnings
$1,207
Median Rent
$237,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom, two-bath residences feature updated interiors with shared laundry, a fenced pool, and outdoor gathering areas.
Where is this apartment building located?
The property is located at 10490 Chalmer St Spring Hill, FL.
What are key features of this property?
This property features: 20 apartments, each with 2 bedrooms, 2 full baths, and 1,050 square feet; 100% occupancy with a waiting list; 7%+ CAP rate and residents in place for more than 10 years
