Platinum Dr., Spring Hill, FL 34610

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Here is a 14 acre parcel with 13 one-acre lots available in beautiful Shady Hills / Spring Hill. There are 13 septic systems and 2 shared well systems in place. All sites are vacant and were previously used for double wide and manufactured housing. Our recommended strategy is to simply rent each lot for $350 to $400 per month for low overhead and low maintenance, contingent upon county zoning approval. Once fully performing, an investor can realize a 15% rental return from lot rents. Another option would be to purchase and install new or used mobile homes to create maximum cash flow and value. Please call for more information.

Shady Hills

Magnolia Estates, No HOA

Est. Rehab: $8,500

Est. Monthly Rent: $4,550

Est. ARV: $375,000