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t r a n s l a t e

Cashua Drive Townhomes | 8 Units | 100% Occupancy | 5.1% Cap Rate

3084-3098 Cashua Drive
Florence, SC 29501
PRICE : $2,000,000
CAP RATE: 5.1%
PROPERTY TYPE: Multifamily
SITE SIZE: 0.45 Acres
UNITS: 8
YEAR BUILT: 2006

Highlights

  • 8-unit townhome community in Florence, South Carolina
  • All units are 3 bedroom / 2.5 baths
  • Strong history of 100% occupancy with low turnover time
  • Estimated 5.1% cap rate on current financials
  • Units includes: tile floors, high-end lights and plumbing, jacuzzi tubs and granite showers
  • Water is separately metered
  • Easy access to schools, retail, hospitals and the regional airport
  • Located only 5 miles south of Downtown Florence, Florence Regional Airport, McLeod Regional Medical Center and more
  • Bull Realty South Carolina License #13327

Description

The property consists of 8 vibrant, individual, high-end townhomes that sit within 4 miles of Downtown Florence, SC. Built in 2012, the property has historically been 100% occupied with very little turnover time. All units are 3 bedroom / 2.5 baths and include tile floors, high-end lights and plumbing, jacuzzi tubs and granite showers. The tenant pays for utilities including water and trash.

The property is conveniently located just minutes from Florence's active City Center, Walmart, two separate hospitals, and the Florence and Magnolia Malls. The property is also in close proximity to multiple schools, including Delmae Heights Elementary School, Sneed Middle School and Vitrus Academy.

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