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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
20420 243rd Dr High Springs, FL 32643-4522
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-5552855
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1983
Construction
WOOD
Total area
3,881 SF
Lot
6 ac (261,360 SF)
Zoning code
C3
APN
00217-001-000
UPID
US18-5552855
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
-
The Villas At High Springs Housing 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
by Request
Owner & transaction history
Cs Fl High Springs LLC · 7 yrs held
Cs Fl High Springs LLC
since 2019
3 recorded transactions
Zoning & alternative use
C3 · High Springs, FL
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 High Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Springs 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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$307,683
Tax year 2022
Assessed value
$1,776,200
Assessed 2023
Previous assessed
$2,027,500
-12.4% YoY
Effective rate
17.32%
On assessed value
Assessed land
$387,858
Assessed improvement
$1,388,342
Land market value
$387,858
Improvement market value
$1,388,342
Total market value
$1,776,200
Applied tax rate
5,700.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Units
28
Rooms
6
Bathrooms
5
Total area
3,881 SF
Lot
6 ac (261,360 SF)
Zoning code
C3
APN
00217-001-000
UPID
US18-5552855
Jurisdiction
ALACHUA
Zoning & alternative use
C3 · High Springs, FLZoning C3 · permitted uses
C3 · High Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | High Springs, FL
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
28
Rooms
6
Bathrooms
5
Lot
6 ac
Current owner
From public records · entity-resolved
Cs Fl High Springs LLC
Entity
Free & Clear · 7 yrs held
Mailing address
250 W 54TH ST, NEW YORK, NY 10019-5597
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
$1,888,400
Cs Fl High Springs LLC
Villas At High Springs LLC
Special Warranty Deed
—
Dec 2, 2014
—
Villas At High Springs LLC
Livingston & Livingston LLC
Warranty Deed
$956,000 · Merchants & Southern Bank
Jan 7, 2008
$1,380,000
Livingston & Livingston LLC
High Springs Apartments Ltd
Warranty Deed
$1,380,000 · Merchants & Southern Bank
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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