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Multifamily Opportunity | 81 Units | 5.7% Cap Rate | Florence, SC

1198 Waxwing Drive
Florence, SC 29505
PRICE : Contact Bull Realty for information
CAP RATE: 5.7%
PROPERTY TYPE: Multifamily


  • 81-unit townhome complex located in Florence, SC
  • (57) 3 BR/2.5 BA & (24) 2 BR/2.5 BA
  • Class A property built in 2018
  • Fully assumable loan at a 4% interest rate
  • Largest townhome units in the city of Florence
  • Includes stainless steel appliances, granite counter tops and natural lighting
  • Bull Realty South Carolina License #13327


Bull Realty is pleased to present this upscale, 81-unit townhome style complex in Florence, South Carolina. These units are the largest and best in-class within the city. The property was built in 2018 and consists of (57) 3 BR/2.5 BA & (24) 2 BR/2.5 BA units. The Class A property includes stainless steel appliances, granite counter tops, hardwood style tile floors, large walk-in closets, natural lighting and more.

The city of Florence is a rapidly growing city and is located directly off of I-20 East, one of the largest highways in the Southeast. The population within a 1-mile radius is 5,516 and has an average household income of $99,624, which is double the national average household income.

The property is located less than 7 miles from Florence Regional Airport, two separate hospitals, and many restaurants and shopping options. The property is also in close proximity to multiple schools, including McLaurin Elementary School, Southside Middle School and South Florence High School.

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