1600 3rd Loop Rd - Residential Income FOR SALE


Florence, SC 29505
$6,500,000 USD
678-595-6254
1600 3rd Loop Rd, Florence, SC for Sale
$6,500,000 USD
Residential Income - FOR SALE
1/28
null | 6.62% Cap Rate

1600 3rd Loop Rd
Florence, SC 29505


HIGHLIGHTS

  • Portfolio of 26 fully occupied single-family rental homes located throughout Florence, South Carolina.
  • Three distinct asset groupings—Third Loop, Pickford, and 12 Pack—provide flexibility for full portfolio acquisition or partial purchases.
  • All homes are currently generating income, offering immediate and stable cash flow for investors from day one.
  • Opportunity to acquire at a discount to estimated retail home values, enhancing yield and long-term appreciation potential.

OVERVIEW

Woodlock is pleased to present a rare opportunity to acquire a 26-home single-family rental portfolio located throughout Florence, South Carolina. The portfolio is being offered as a single acquisition, providing investors with immediate scale and stable cash flow, although ownership is open to selling portions of the portfolio separately. The offering consists of three distinct asset groups that create a balanced blend of income stability, tenant demand, and long-term appreciation potential. An investor has the opportunity to purchase either all 26 homes or one of the three groupings: Third Loop, Pickford, or 12 Pack. All 26 homes are currently leased, providing investors with immediate cash flow from day one. The portfolio offers a unique opportunity to acquire a scalable residential platform with diversified tenant profiles and limited operational complexity. In addition to the strong in-place income, the portfolio is being offered at a meaningful discount to estimated retail home values, creating an attractive going-in yield while preserving future upside. The investment presents multiple exit strategies, including continued portfolio ownership for long-term passive income, selective dispositions to capture appreciation, or individual retail sales over time. With stable occupancy, durable construction, and exposure to a growing South Carolina market, this portfolio offers investors a compelling combination of cash flow, scalability, and value creation potential.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

6.62%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Florence SFR Portfolio

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

40000-51-138,90032-05-013,90032-05-014,90032-05-015,90032-05-016,90032-05-017,90032-05-018,90032-05-019

ASK ABOUT THIS PROPERTY

Wayne SimonWoodlock CapitalMore Info
678-595-6254

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Wayne SimonWoodlock CapitalMore Info
678-595-6254

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