Property summary
This exceptional Spring Hill investment opportunity presents a 6,203 square foot, one-story apartment building situated on a 0.54-acre lot. Built in 1997, this Class D property boasts a current gross monthly income of $48,548, reflecting a 90% occupancy rate. The asking price is $2,200,000, translating to $354.67 per square foot. The property is identified by APN R32-323-17-5170-1148-0050 and is located at 4407 Millwood Rd, Spring Hill, FL 34608. This turnkey operation includes ancillary services such as physicians, laboratories, home healthcare services, and pharmacy access, providing a strong foundation for continued success and significant upside potential. The property's established infrastructure and high occupancy rate make it an attractive investment for those seeking a stable and profitable venture in the thriving Spring Hill market. The building's single-story design and manageable size offer efficient operations and ease of management. This is a rare opportunity to acquire a well-established and profitable business with significant growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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