Wyndham Place

Overview

Wyndham Place is a eleven building, 50-unit, multi-family investment property located in Florence, South Carolina. The property is in the desirable West Florence area just off of North Irby St. and only one mile from downtown Florence. Business plan to renovate 26 units as they become available at lease turns. Previous owner renovated 22 of the units and each building has brand new roofs and 70% of the units have new HVAC’s. All units have washer and dryer connections along with new windows. We will be repaving the parking lots and painting the exteriors while organically increasing rents to be in line with market rates. Florence, SC is home to Patheon’s $70m facility, Honda’s $45-million facility expansion project (2016), and GE Healthcare’s a $40- million facility expansion project(2017).

YEAR BUILT

1950

CITY

Florence

TYPE

Multifamily

TOTAL UNITS

50

STATE

SC

 I have known Scott for almost 30 years and I’ve always admired his work ethic and values. I don’t have the time or talent to seriously take on real estate investments on my own. Having the ability to seriously invest in real estate without dealing with the challenges of ownership is a perfect balance for our family. With Scott and his team at the helm, we are confident that our investments are in the right hands.

phil d.

Chief Warrant Officer, United States Coast Guard