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Pace Cove 1834 W Lucas St 110 Unit Apartment Building $1,995,000 ($18,136/Unit) 9.65% Cap Rate Florence, SC 29501



Investment Highlights
- Located directly off Interstate 95, on one of the busiest corridors on the East Coast
- Near workforce hubs including Florence-Darlington Technical College and Francis Marion University
- Minutes to Highway 52, providing excellent connectivity throughout Florence and the Pee Dee Region
- Close to major employment drivers
Executive Summary
Broker of Record
Kyle Matthews
License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $1,995,000 | Apartment Style | Garden |
| Price Per Unit | $18,136 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.48 AC |
| Cap Rate | 9.65% | Building Size | 46,728 SF |
| No. Units | 110 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment |
| Price | $1,995,000 |
| Price Per Unit | $18,136 |
| Sale Type | Investment |
| Cap Rate | 9.65% |
| No. Units | 110 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.48 AC |
| Building Size | 46,728 SF |
| No. Stories | 1 |
| Year Built | 1988 |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Smoke Detector
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Property Taxes
| Parcel Number | 01211-01-070 | Improvements Assessment | $69,409 |
| Land Assessment | $39,100 | Total Assessment | $108,509 |
Property Taxes
Parcel Number
01211-01-070
Land Assessment
$39,100
Improvements Assessment
$69,409
Total Assessment
$108,509
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Pace Cove | 1834 W Lucas St
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