7% CAP
no dataUNITS
Single family residence
Property Type
$No NOI data
Net Operating Income (NOI)
4 unit(s)
Total Units
7%
CAP RATE
4
Leasable Doors
$No price data
Price per unit
**Investment Opportunity: Charming Duplex Apartment Complex in Florence, SC** 200 Hudson Drive, Florence, SC 29506
Discover an exceptional investment opportunity with this well-maintained apartment complex featuring 8 spacious duplexes totaling 16 units, each designed for comfortable living. Located in the heart of Florence, SC, this property is an investor’s dream, offering significant cash flow potential and strong returns.
Each duplex consists of 2 bedrooms and 1 bath, thoughtfully designed to maximize space and functionality. Residents will enjoy a welcoming kitchen and cozy living room, perfect for both relaxation and entertaining. The layout appeals to a diverse tenant base, ensuring consistent occupancy and steady rental income.
Currently, the complex boasts a remarkable net income of approximately **$119,760**, a substantial increase from its previous gross annual income of **$91,355**. This impressive growth reflects the property’s desirability and effective management strategies. With a cap rate of **7%**, this investment presents an attractive opportunity for both seasoned investors and those looking to expand their real estate portfolio.
In addition to the duplex complex, the seller is offering three single-family homes in the Florence area, which can be included with this portfolio. All units and homes are **100% occupied**, providing immediate cash flow and further enhancing the investment’s appeal.
Situated in a thriving community, this duplex complex is conveniently located near local amenities, schools, and parks, enhancing its attractiveness to potential tenants. With low maintenance costs and a strong rental market, this property is poised for continued growth and profitability.
Don’t miss out on this rare chance to invest in a lucrative property in Florence, SC. With its solid income potential, desirable location, and the added benefit of included single-family homes, this duplex apartment complex is a smart choice for any investor looking to make a sound financial investment. Contact us today to learn more about this exciting opportunity!
Seller will entertain splitting up the portfolio. Contact Tammy Lyles for more information 803-319-7776.
200 Hudson Duplex’s (alone) is $1,644,000.
Seller is willing to include the three additional SF dwellings for a total for $1,900,000.
Video Tour
[crevc-calculator]
