1401-1435 Allies Ct - Apartments FOR SALE


Florence, SC 29506
$4,500,000 USD
562-269-4844
1401-1435 Allies Ct, Florence, SC for Sale
$4,500,000 USD
Apartments - FOR SALE
1/15
null | 6.39% Cap Rate

1401-1435 Allies Ct
Florence, SC 29506


HIGHLIGHTS

  • 38 unit townhome community in Florence, SC
  • Single-story construction built from 2008-2012
  • 42,028 building SF on over 200,000 SF of land
  • 100% 3bed + 2 bath units averaging 1,106 SF
  • Assumable financing available at 4.3% fixed for 7 years
  • Significant upside potential in rental income

OVERVIEW

The property consists of 38 spacious townhomes in Florence, South Carolina. Each building in the community is a duplex with high-end finishes, parking and a backyard. This quiet neighborhood boasts lush landscaping and a fishing pond at the end of the cul-de-sac. The property is located within close proximity of Florence Regional Airport, two separate hospitals and many restaurant and shopping options in Downtown Florence. Florence is a rapidly growing city approximately 70 miles East of Columbia, SC. Within a 3-mile radius of the property, there is a population of 34,000 people, and the median household income is well above the national average.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

38

PRICE/UNIT

$118,421

CAP RATE

6.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Allies Court Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.59 AC

LAND SF

199,940 SF

ZONING

-

APN/PARCEL ID

00178-01-148,00178-01-149,00178-01-150,00178-01-151,00178-01-152,00178-01-153,00178-01-154,00178-01-155,00178-01-156,00178-01-157,00178-01-158,00178-01-159,00178-01-160,00178-01-161,00178-01-162,00178-01-163,00178-01-164,00178-01-165,00178-01-166,00178-01-167,00178-01-168,00178-01-169,00178-01-170,00178-01-171,00178-01-172,00178-01-173,00178-01-174,00178-01-175,00178-01-176,00178-01-177,00178-01-178,00178-01-179,00178-01-180,00178-01-181

ASK ABOUT THIS PROPERTY

Michael AlperCentennial AdvisersMore Info
562-269-4844

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Michael AlperCentennial AdvisersMore Info
562-269-4844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.