Investment Overview

Marcus & Millichap is pleased to present Royal Street Apartments, a 10-unit multifamily community located in Florence, South Carolina. Royal Street Apartments is positioned in a demand-driven submarket of Florence, supported by consistent rental demand and proximity to key economic drivers including healthcare, manufacturing, logistics, and education. The property’s location provides residents with convenient access to major employers, retail corridors, and community amenities, making it an attractive housing option for long-term tenants. The asset has recently undergone renovations, enhancing unit appeal and overall property condition. It delivers stable in-place income with proven occupancy while offering potential upside through targeted operational improvements. Florence’s multifamily market is supported by population growth, a diverse employment base, and ongoing economic investment, positioning Royal Street Apartments for sustained rent growth and long-term value appreciation. Conveniently located near Interstate 95 and U.S. Highway 76, the property provides residents easy access to Columbia, Myrtle Beach, and other regional markets, reinforcing its role as a reliable, cash-flowing investment in a resilient secondary market.