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Spring Village Apartments 2609 Landover Blvd 12 Unit Apartment Building $2,240,000 ($186,667/Unit) 6.56% Cap Rate Spring Hill, FL 34608
Investment Highlights
- 2021-Built 12-Unit Apartment Building Offering Modern Construction & Long-Term Capital Preservation
- Constructed to FL Building Code 6th Edition, National Electrical Code, & FL Fire Prevention Code
- Turn-Key Asset Designed for Operational Efficiency & Reduced Near-Term Maintenance
- Tenant-Paid Utilities Structure, Minimizing Expenses & Enhancing Cash Flow
- 100% Two-Bedroom Floor Plan Mix w/ Stainless Steel Appliances & In-Unit Washer/Dryers
- Fully Sprinklered Building w/ Dedicated Deep Well Irrigation System
Executive Summary
**View Offering Memorandum for Financial Details at MultifamilyFirm.com**
The Multifamily Firm is pleased to present the Spring Village Apartments, a rare 2021-built 12-unit apartment building offering modern construction and long-term capital preservation in a turn-key investment format. The property is designed for operational efficiency with a tenant-paid utility structure that minimizes expenses and supports strong in-place cash flow, while reduced near-term maintenance needs enhance ease of ownership. Constructed in accordance with Florida Building Code 6th Edition, the National Electrical Code, and Florida Fire Prevention Code, the asset features a highly desirable 100% two-bedroom floor plan mix with stainless steel appliances and in-unit washer/dryers in every residence. The fully sprinklered building is further supported by a dedicated deep well irrigation system, reinforcing the property’s efficient infrastructure and long-term operational durability.
For full details, & financial information, please view the property Offering Memorandum!
The Multifamily Firm is pleased to present the Spring Village Apartments, a rare 2021-built 12-unit apartment building offering modern construction and long-term capital preservation in a turn-key investment format. The property is designed for operational efficiency with a tenant-paid utility structure that minimizes expenses and supports strong in-place cash flow, while reduced near-term maintenance needs enhance ease of ownership. Constructed in accordance with Florida Building Code 6th Edition, the National Electrical Code, and Florida Fire Prevention Code, the asset features a highly desirable 100% two-bedroom floor plan mix with stainless steel appliances and in-unit washer/dryers in every residence. The fully sprinklered building is further supported by a dedicated deep well irrigation system, reinforcing the property’s efficient infrastructure and long-term operational durability.
For full details, & financial information, please view the property Offering Memorandum!
Property Facts
| Price | $2,240,000 | Building Class | C |
| Price Per Unit | $186,667 | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 9,676 SF |
| Cap Rate | 6.56% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 1.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMF - Multifamily | ||
| Price | $2,240,000 |
| Price Per Unit | $186,667 |
| Sale Type | Investment |
| Cap Rate | 6.56% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 9,676 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | RMF - Multifamily |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R32-323-17-5170-1148-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $995,009 |
Property Taxes
Parcel Number
R32-323-17-5170-1148-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$995,009
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Spring Village Apartments | 2609 Landover Blvd
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