Marcus & Millichap Sells Wyndham Place Apartments In Florence, SC For $3.5M

Marcus & Millichap has announced the sale of Wyndham Place Apartments, a 48-unit multifamily property located at 805 West Darlington Street in Florence, South Carolina. The property was sold for $3.5 million, with an average price per unit of $72,917. The recent renovations of the property offer great potential for future rent increases.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Units: 48
• Price Per Unit: $72,917

The sale of Wyndham Place Apartments in Florence, SC was facilitated by William Graves, Ryan Lipomi, and Nate McDaniel from Marcus & Millichap. They represented the parties involved in the transaction, ensuring a smooth and successful sale.