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    OFF-MARKET
    Apartment buildings

    4407 Millwood Rd, Spring Hill, FL 34608-3639

    6,203 SF 0.5 ac lot Built 1997
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US18-8061833
    Property summary
    AI-generated overview

    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
    Verified
    Property type Apartment buildings
    Use group APARTMENT HOUSE (5+ UNITS)
    Year built 1997
    Total area 6,203 SF
    Lot 0.5 ac (21,780 SF)
    APN R32-323-17-5170-1148-0050
    UPID US18-8061833
    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
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    Owner & transaction history
    Anns House INC · 13 yrs held
    Anns House INC
    since 2012
    5 recorded transactions
    2012
    2010
    $500,000
    2007
    $50,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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