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1401-1435 Allies Ct
Florence, SC 29506

$4,500,000 USD

Apartments For Sale  •  42,028 SF

Property Details

  • Property Type Apartments
  • Total Building Size 42,028 SF
  • Lot Size 4.59 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.39 %
0 Transit Score
6 Walk Score

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

Financial Summary (Actual)

Net Operating Income: $301,350 USD (2023)
Cap Rate: 6.39 %
Total Expenses: $186,570 USD

Amenities

  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Tub/Shower
  • Yard
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Florence Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak) 9 min - 2.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael Alper 562-269-4844 Centennial Advisers
Michael Alper 562-269-4844 Centennial Advisers