3731 SOUTHBOROUGH RD
FLORENCE, SC 29501

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Property Summary

  • # of total units: 48
  • Style: garden-style
  • Distance from Downtown: 8 miles west of Downtown Florence
  • Location:on the north side of Southborough Rd, NW of the Pine Needles Rd and Interstate 95 intersection
  • Year built: 1990-1995
  • # of total buildings: 6
  • # of stories/floors in each building: two story
  • Exterior building materials: brick and vinyl siding
  • Roof type: pitched roofs with composition shingles
  • Pets allowed: yes

Unit Mix

48 two-bedroom and two-bathroom units measuring 1,100 square feet each

Investment Highlights

RARE FIRST-TIME MARKET OFFERING — A UNIQUE OPPORTUNITY TO ACQUIRE A PROPERTY DEVELOPED AND OWNED BY THE SAME GROUP FOR MORE THAN 30 YEARS.

Proven Rental Upside Through Professional Management — Recent leases have achieved premiums of more than $250 following the implementation of professional management.

Meticulously Maintained Asset — The property has been exceptionally well maintained, reflecting strong ownership pride and long-term stewardship.

Value-Add Opportunity Through RUBS Implementation — Investors have the opportunity to enhance revenue by implementing a Ratio Utility Billing System (RUBS).

Classic interiors, Proven Performance – 100% classic interiors, providing the opportunity to implement a strategic renovation program, while the property’s well-maintained unit base continues to drive $250+ premiums without significant interior upgrades.

Amenities

Community Amenities

  • Nestled in a Peaceful, Wooded Residential Area
  • Covered Car Wash Station
  • Outdoor Community Mailbox Areas
  • Plenty of Convenient On-Site Parking
  • Beautifully Landscaped with Manicured Grass, Mature Trees, Trimmed Shrubs, and Flowering Plants
  • Close to Scenic Walking/Biking Trails, Public Transportation (PDRTA Bus Line), Parks, Lakes, Golf Courses, Schools, Stores, Restaurants, and Entertainment Options
  • Convenient Access to Interstates 95 and 20, U.S. Highway 76, Amtrak and Greyhound Stations, Florence Regional Airport (Served by American Airlines), and Downtown Florence

Unit Amenities

  • Spacious and Unique Floor Plans
  • Kitchen with Electric Stove, Refrigerator, Dishwasher, Double Basin Sink, , Pass Through/Breakfast Bar, Dining Area, and Plenty of Cabinet and Counter Space
  • Carpeting, Tile Flooring, Lighted Ceiling Fans, and Mini Blinds
  • Two Full Size Bathrooms
  • Large Windows and Walk-In Closets
  • Private Entry and Patio / Balcony with Sliding Glass Doors
  • In-Unit Washer and Dryer Connections

LOCATION

Contact US

Charleston Office
121 Calhoun Street
Suite 200
Charleston, SC 29401

Charlotte Office
4201 Congress Street
Suite 200
Charlotte, NC 28209

Raleigh Office
4030 Wake Forest Road
Suite 300, Office 314
Raleigh, NC 27609

Greenville Office
355 S. Main Street
1st and 2nd Floor
Greenville, SC 29601

Investment Advisors

Blake Coffey
Senior Director
843.628.3766
[email protected]

David Lansbury
Senior Managing Director
571.212.0501
[email protected]

Kyle Williamson
Associate Director
843.972.5347
[email protected]

Mark Boyce
Senior Managing Director
843.628.3765
[email protected]

Erika Maston
Managing Director
843.422.9981
[email protected]

Jim Sewell
Senior Managing Director
843.298.4377
[email protected]

Christian DiCroce
Director
843.972.7478
[email protected]

Mortgage Banking

Richard Levine
Senior Managing Director
404.654.2590
[email protected]

Josh Finley
Managing Director
404.654.2594
[email protected]

Adam Erickson
Director
404.654.2596
[email protected]

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3731 SOUTHBOROUGH RD
FLORENCE, SC 29501

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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