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Property profile & analytics
OFF-MARKET
Estimated value
$5,800,000
Apartment buildings
4150 Portillo Rd 5, Spring Hill, FL 34608-7225
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0746617
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2001
Total area
8,170 SF
Lot
2.6 ac (113,256 SF)
APN
R32-323-17-5170-1132-0150
UPID
US19-0746617
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
4150 Portillo Apartments LLC · 1 yrs held
4150 Portillo Apartments LLC
since 2025
Last sale
$5.8M
7 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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
$710 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$39,776
Tax year 2022
Assessed value
$2,350,926
Assessed 2023
Previous assessed
$2,350,926
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$2,350,926
Land market value
$358,843
Improvement market value
$2,634,330
Total market value
$2,993,173
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2001
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
46
Stories
2
Units
40
Rooms
4
Bathrooms
80
Total area
8,170 SF
Lot
2.6 ac (113,256 SF)
APN
R32-323-17-5170-1132-0150
UPID
US19-0746617
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
2001
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
46
Units
40
Rooms
4
Bathrooms
80
Lot
2.6 ac
Current owner
From public records · entity-resolved
4150 Portillo Apartments LLC
Entity
Mailing address
7517 JOMEL DR, WEEKI WACHEE, FL 34607-2018
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
$5,800,000
4150 Portillo Apartments LLC
Port Apts INC
Warranty Deed
$3,775,000 · Rwc Lending LLC
Jun 28, 2004
$2,275,000
Port Apartments INC
Blue Stone Real Estate Const
Grant Deed
$1,820,000 · Lasalle National Bank
Sep 14, 2000
—
Stone Real Est Const Blue
—
Grant Deed
related
$1,700,000 · Regions Bank
Jun 7, 2000
$140,000
Blue Stone Real Estate Const
All Star Real Estate & Mgmt
Grant Deed
$50,000 · Individual
May 15, 2000
$35,600
All Star Real Estate & Mgmt In
Dagrella,placidus O
Grant Deed
—
Jan 7, 2000
$30,500
Placidus O Dagrella
Portillo Associates INC
Grant Deed
—
—
—
Port Apts INC
—
Deed Of Trust
related
$1,820,000 · Greystone Servicing Corp
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.
Try Rey
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