This Multifamily Property is no longer advertised on LoopNet.com.

1620 Gregg Ave
Florence, SC 29501
Ravenwood · Multifamily Property For Sale · 44 Units

Investment Highlights

  • Only 20% of units have been renovated. An investor can continue renovations and bring all rents to market.
  • Florence is home to many large employers like Mcleod Regional Health, Carolinas Hospital System, MUSC, Florence School District and County Government.
  • Florence has a strong economic market with great quality of life. Positioned near numerous retail, dining and employment.
  • Collections are very strong with little to no late payments. An investor is able to continue the renovations, strong collections, and rent increases.

Property Facts

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.61 AC
Building Size 35,751 SF
Average Occupancy 93%
No. Stories 2
Year Built 1979
Zoning MF - Multi-Family

Amenities

Unit Amenities

  • Cable Ready
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 90035-01-005
  • 90035-10-011
  • 90035-10-013
Land Assessment
$4,830
Improvements Assessment
$74,370
Total Assessment
$79,200
  • Listing ID: 30637049

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 1620 Gregg Ave, Florence, SC 29501

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