407 Royal St - Apartments FOR SALE
Florence, SC 29506 |
407 Royal St
Florence, SC 29506
HIGHLIGHTS
- Recently Renovated: The property has undergone recent upgrades, enhancing unit appeal and supporting potential rent growth.
- Stable Cash Flow: Proven occupancy and consistent rent collections provide reliable income.
- Strong Submarket Demand: Located in a high-demand section of Florence with steady rental absorption and tenant interest.
- Proximity to Major Employers: Easy access to healthcare, manufacturing, education, and logistics hubs drives tenant stability.
- Strategic Transportation Access: Close to Interstate 95 and U.S. Highway 76, linking residents to regional destinations.
- Upside Potential: Opportunities exist to increase NOI through operational efficiencies, minor renovations, or lease adjustments.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Royal Street Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8674
STORIES
1
YEAR BUILT
1982
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
90114-01-003,90114-01-013
