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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 | Lot Size | 2.61 AC |
| Property Type | Multifamily | Building Size | 35,751 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1979 |
| Zoning | MF - Multi-Family | ||
| 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
| Parcel Numbers |
Multiple
|
Improvements Assessment | $74,370 |
| Land Assessment | $4,830 | Total Assessment | $79,200 |
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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