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10490 Chalmer Street, Spring Hill, Florida 34608

  • $4,150,000
  • $4,300,000
10490 CHALMER STREET, Spring Hill, FL 34608
Canceled
10490 Chalmer Street, Spring Hill, Florida 34608
10490 CHALMER STREET, Spring Hill, FL 34608
  • $4,150,000
  • $4,300,000

Overview

Property ID: HZT3500986
  • Multi-Family, Commercial Sale
  • Property Type
  • 25564
  • Sqft
  • 1996
  • Year Built

Description

Direct seller financing available now with the following terms ($3 million dollars down, 7% Interest Rate, 10 year loan). We are thrilled to present one of the premier properties located in the heart of Spring Hill! This exceptional offering features 20 fully upgraded units, each boasting 2 beds and 2 full baths with plenty of room at 1, 050 sqft. Positioned in a highly walkable and sought-after location, the property is surrounded by all essential amenities. With a remarkable 100% occupancy rate and a waiting list, this location is highly coveted. Sporting a 7%+ CAP rate and an impressive rental history (with some tenants having resided here for over 10 years), the property commands rent averages ranging from $1, 650 to $1, 720 per month on annual leases post each unit’s renovation. Recent enhancements include a new roof, new water heaters, and a freshly painted exterior. Additionally, new outdoor grilling areas, fireplaces for each unit, complete shower remodeling, and more have been added. Its prime location in a high-demand rental area, coupled with the extensive renovations, makes it an outstanding investment opportunity. Offering ample parking, two coin-operated on-site laundry rooms (one for each story), a beautiful fenced pool, and a stunning indoor sitting area, this property stands out as a truly exceptional offering in the market. These features, combined with its strategic location, ensure robust rentability with minimal income volatility. Tenants will undoubtedly prefer these apartments over others, leading to reduced vacancies and shorter turnover times between tenancies. P&L statements and rent-rolls are available. Call for more information!”

  • Address 10490 CHALMER STREET
  • City Spring Hill
  • State/county FL
  • Zip/Postal Code 34608
  • Area SPRING HILL
  • Country US

Details

Updated on August 21, 2024 at 4:26 pm
  • Property ID: HZT3500986
  • Price: $4,150,000
  • Property Size: 25564 Sqft
  • Land Area: 0.92 Acres
  • Year Built: 1996
  • Property Type: Multi-Family, Commercial Sale
  • Property Status: Canceled

Additional details

  • Listing Terms: Cash, Other
  • Utilities: Public
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • County: Hernando
  • Property Type: Commercial Sale

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