Spring Hill

SOLD – 4 Condos – Pinehurst Dr, Spring Hill FL 34606

Beds: 2 (each)   Baths: 2 (each)  SqFt: 1330 (each)

ARV: $380k    Repairs: $120k    Rent: $3500/mo


4 Off Market Condos in 1 Building! Each condo unit offers 2 bedrooms, 2 baths, a fireplace and either a porch or balcony. The 2 bottom units are completely gutted as there was some flooding, they are ready for you to be renovated. The 2 top units are dated and need upgrading throughout. These condos run on city water and city sewer. Renovated and hold, renovated and refinance out, renovated and sell off individually or renovated and sell to one investor looking for cash flow with easy management. NO HOA. Each unit can rent for at least $875 per month. After taxes, insurance, 5% vacancy factor and 5% property management your NOI is $30,400, selling or refinancing at an 8 cap for brand new, completely upgraded large 2/2 condos puts the 4 units at a value of $380k, $95k per condo. Call Now to Purchase.

For video of Unit 1 Click Here

For video of Unit 2 Click Here

For video of Unit 3 Click Here

For video of Unit 4 Click Here

SOLD – Oak Ramble Dr, Spring Hill, FL 34610


Beds: 3   Baths: 2.5   Sq. Ft: 2,645

ARV: $245k   Repairs: Heavy


Two story, 3 bedroom, 2.5 bathroom pool home with a 2 car garage located in the desirable Deerfield Lakes neighborhood. NOT CONFIRMED BUT HOME MAY CONTAIN DEFECTIVE DRYWALL. This home sold for $290k new in October of 2008 and is currently tax assessed at $199.7k. This property will need to be remediated for defective drywall and then have all the cabinets, vanities, and light fixtures reinstalled. Also, will need new appliances, interior/exterior AC, interior paint, pool clean up, and tighten up the landscaping. If nobody snaps this one up quick I will go ahead with the rehab and resist it for $244.9k. Hurry and text/email today as all my homes have been selling very quickly! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

Deerfield Lakes comps built before 2012:
  • 12451 Cricklewood Dr 3bed,2.5bath,pool 2,367sqft sold for $245k on 5/31
  • 12328 Duckett Ct 3bed,2bath,no pool 2,615sqft pending for $262.5k
  • 16328 Dinsdale Dr 3bed,2.5bath,no pool 2,367sqft sold for $175k all cash(FREO) on 9/26
  • 12640 Drakefield Dr 4bed,2.5bath,no pool 2,680sqft sold for $172.5k all cash(FREO) on9/30

For additional photos Click Here