Log In/Sign Up
Your email has been sent.
1600 3rd Loop Rd - Florence SFR Portfolio 26 Unit Apartment Building Offered at $6,500,000 at a 6.62% Cap Rate Florence, SC 29505



Executive Summary
Woodlock is pleased to present a rare opportunity to acquire a 26-home single-family rental portfolio located throughout Florence, South Carolina. The portfolio is being offered as a single acquisition, providing investors with immediate scale and stable cash flow, although ownership is open to selling portions of the portfolio separately. The offering consists of three distinct asset groups that create a balanced blend of income stability, tenant demand, and long-term appreciation potential. An investor has the opportunity to purchase either all 26 homes or one of the three groupings: Third Loop, Pickford, or 12 Pack.
All 26 homes are currently leased, providing investors with immediate cash flow from day one. The portfolio offers a unique opportunity to acquire a scalable residential platform with diversified tenant profiles and limited operational complexity. In addition to the strong in-place income, the portfolio is being offered at a meaningful discount to estimated retail home values, creating an attractive going-in yield while preserving future upside. The investment presents multiple exit strategies, including continued portfolio ownership for long-term passive income, selective dispositions to capture appreciation, or individual retail sales over time. With stable occupancy, durable construction, and exposure to a growing South Carolina market, this portfolio offers investors a compelling combination of cash flow, scalability, and value creation potential.
All 26 homes are currently leased, providing investors with immediate cash flow from day one. The portfolio offers a unique opportunity to acquire a scalable residential platform with diversified tenant profiles and limited operational complexity. In addition to the strong in-place income, the portfolio is being offered at a meaningful discount to estimated retail home values, creating an attractive going-in yield while preserving future upside. The investment presents multiple exit strategies, including continued portfolio ownership for long-term passive income, selective dispositions to capture appreciation, or individual retail sales over time. With stable occupancy, durable construction, and exposure to a growing South Carolina market, this portfolio offers investors a compelling combination of cash flow, scalability, and value creation potential.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,500,000 | Property Type | Multifamily |
| Price Per Unit | $250,000 | Building Size | 50,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.62% | No. Stories | 2 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 2010 |
| No. Units | 26 |
| Price | $6,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 26 |
| Property Type | Multifamily |
| Building Size | 50,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2010 |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
