Archdale Townhomes
600 – 700 Archdale Dr, Sumter, SC 29150
Property Overview
Archdale Townhomes
- Units
- Year Built
- Avg. Unit Size
- Occupancy
- Effective Rent
Investment drivers
1
All Townhome Product
- 100% Townhome Community: Offers some of the largest average floor plans in the competitive set, featuring second-level vaulted ceilings, private rear patios, and covered porches for a true single-family feel.
- Proven Occupancy Performance: Townhome communities consistently maintain higher occupancy rates than nearby apartment properties, positioning them as a long-term housing solution rather than a transitional option.
- Strong Resident Retention: Consistent occupancy and renewal trends show that once residents experience the privacy, space, and home-like feel of townhome living, they are more likely to renew leases and remain longer, reducing turnover costs and driving resident stickiness.
2
Long-Term Ownership Creates Exceptional Value-Add Potential
The property has been under the same family ownership for more than 40 years, consistently achieving strong occupancy while maintaining rents well below market levels. This presents a rare opportunity to implement a comprehensive interior renovation program across all classic units for the first time in the property’s history. By introducing modern finishes, investors can capture an estimated $200+ monthly rent premium, significantly increasing revenue and enhancing overall asset value.
3
Recent Capital Improvements Supports Limited Future CAPEX
Significant recent capital improvements have been completed, including new roofs and parking lot resurfacing in 2023. Previous upgrades include exterior renovations and the full replacement of polybutylene piping with PVC, reducing future maintenance risk. Ongoing proactive upkeep has created a stable, attractive environment with a residential neighborhood feel, contributing to consistent, long-term occupancy stability.
4
Strategic Location in Growing Sumter Market
- Expanding Employment Base: Sumter’s economy is anchored by Shaw Air Force Base—the region’s largest employer—generating an estimated $2.1 billion in annual economic impact and employing over 8,000 military and civilian personnel. Additional major employers such as Continental Tire, Pilgrim’s, Prisma Health Tuomey, and Eaton Electrical contribute to a diverse employment base spanning manufacturing, healthcare, and education sectors.
- Sustained Job Growth: Nonfarm employment in the Sumter MSA continues to trend upward, posting a 2.9% year-over-year increase as of mid-2025. Notably, manufacturing employment grew by 3.3% over the past year, underscoring the region’s ongoing industrial strength and economic resilience.
- Demographics & Stability: The region boasts a resilient population base complemented by a cost of living approximately 13% below the national average, enhancing its appeal to both residents and employers. Over the next decade, employment growth is projected to accelerate, led by robust expansion in the construction and healthcare sectors, reinforcing the area’s long-term economic vitality.
5
Dominant Ownership Position with Flexible Condo Exit Strategy
- Archdale Townhomes was originally designed as a mixed apartment and condominium regime. The project contains 72 units in total; including 48 rental units and 24 individual condos. Of the 72 total units, the Seller owns and will convey 67 units, or 93% of the project.
- HOA Control Advantage: The Seller has and will convey unilateral control of the HOA , allowing a new buyer to control governance and operational leverage.
- Minimal Third-Party Influence: With only 5 units outside of seller ownership, the buyer should be in position to complete acquisition of the remaining units, and will have control of all major decisions during the course of operations and final consolidation.
Gallery
Contact
Office Location
121 Calhoun Street
Suite 200
Charleston, SC 29401
Investment Advisors
Christian DiCroce
Director
843.972.7478
[email protected]
DRE License #129630
Dave Lansbury
Senior Managing Director
571.212.0501
[email protected]
DRE License #95120
Erika Maston
Managing Director
843.806.4394
[email protected]
DRE License #121194
Mark Boyce
Senior Managing Director
843.628.3765
[email protected]
DRE License #57243
Blake Coffey
Senior Director
843.628.3766
[email protected]
DRE License #93629
Kyle Williamson
Senior Financial Analyst
843.972.5347
[email protected]
DRE License #143340
Mortgage Banking
Josh Finley
Managing Director
404.654.2594
[email protected]
Andrew Weltlich
Senior Real Estate Analyst
470.681.1433
[email protected]
Archdale Townhomes
600 – 700 Archdale Dr, Sumter, SC 29150
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