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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Apartment buildings
20180 Barnett Rd 329 Brooksville, FL 34601-3864
Entity Owned
24-yr Hold
Free & Clear
Property ID
US18-6117929
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2012
Construction
BRICK
Total area
74,184 SF
Lot
5.1 ac (222,156 SF)
APN
R27-422-19-0000-0500-0000
UPID
US18-6117929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Magnolia Gardens Senior Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Hernando County Housing Auth · 24 yrs held
Hernando County Housing Auth
since 2002
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooksville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$13 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,361,160
Assessed 2023
Previous assessed
$2,146,509
+10.0% YoY
Assessed land
$2,361,160
Land market value
$318,498
Improvement market value
$2,177,746
Total market value
$2,496,244
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2012
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
61
Stories
3
Units
60
Rooms
1
Bathrooms
92
Total area
74,184 SF
Lot
5.1 ac (222,156 SF)
APN
R27-422-19-0000-0500-0000
UPID
US18-6117929
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2012
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
61
Units
60
Rooms
1
Bathrooms
92
Lot
5.1 ac
Current owner
From public records · entity-resolved
Hernando County Housing Auth
Entity
Free & Clear · 24 yrs held
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2010
—
Magnolia Gardens I Ltd
—
Grant Deed
related
$2,634,026 · Housing Finance Corp Florida
Jul 24, 2002
$105,000
Hernando County Housing Auth
Sevilla M Barker Estate
Grant Deed
—
—
—
Hernando County Hsng Authority
—
Deed Of Trust
related
$500,000 · Housing Finance Corp Florida
—
—
Magnolia Gardens I Ltd
—
Deed Of Trust
related
$75,000 · Hernando Cnty Board/cnty Commi
—
—
Magnolia Gardens I Ltd
—
Deed Of Trust
related
$5,160,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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