Multifamily
Residences on 14th
207 14th Street, Hartsville, SC 29550
Listing Price: $5,760,000
Investment Overview
Marcus & Millichap is pleased to present Residences on 14th, a 72-unit multifamily community in Hartsville, South Carolina, offering investors a recently renovated, well-located asset with a rare uniform unit mix and a durable, blue-chip employer base anchoring long-term rental demand.
Built in 1980 on 4.88 acres, the property consists exclusively of two-bedroom, one-bathroom units — a consistent product type that simplifies management and appeals to a broad renter base. Washer/dryer hookups and individual water/electric metering in every unit support lower, more predictable operating costs.
Ownership has already completed the major capital work — new roofs, a full exterior repaint, ~90% HVAC replacement, and refreshed interiors — retiring most near-term capex risk while leaving room for further upside through continued unit turns and operational improvements.
The location adds further support: less than a mile from grocery, two miles from downtown historic Hartsville and Coker College, and home to the world headquarters of Sonoco Products Company, a Fortune 500 packaging leader anchoring local employment.
Residences on 14th
Investment Highlights
- 72 units, 100% two-bedroom/one-bathroom floor plans — a rare uniform mix that simplifies operations and marketing
- Built in 1980 on 4.88 acres
- Washer/dryer hookups in every unit
- Individually metered for water and electric, shifting utility costs to residents
- New roofs across the community
- Newly painted exterior
- Approximately 90% of HVAC systems replaced
- Refreshed unit interiors throughout
Exclusively Listed By
Financing By
Listing Price: $5,760,000
Investment Highlights
- 72 units, 100% two-bedroom/one-bathroom floor plans — a rare uniform mix that simplifies operations and marketing
- Built in 1980 on 4.88 acres
- Washer/dryer hookups in every unit
- Individually metered for water and electric, shifting utility costs to residents
- New roofs across the community
- Newly painted exterior
- Approximately 90% of HVAC systems replaced
- Refreshed unit interiors throughout
Investment Overview
Marcus & Millichap is pleased to present Residences on 14th, a 72-unit multifamily community in Hartsville, South Carolina, offering investors a recently renovated, well-located asset with a rare uniform unit mix and a durable, blue-chip employer base anchoring long-term rental demand. Built in 1980 on 4.88 acres, the property consists exclusively of two-bedroom, one-bathroom units — a consistent product type that simplifies management and appeals to a broad renter base. Washer/dryer hookups and individual water/electric metering in every unit support lower, more predictable operating costs. Ownership has already completed the major capital work — new roofs, a full exterior repaint, ~90% HVAC replacement, and refreshed interiors — retiring most near-term capex risk while leaving room for further upside through continued unit turns and operational improvements. The location adds further support: less than a mile from grocery, two miles from downtown historic Hartsville and Coker College, and home to the world headquarters of Sonoco Products Company, a Fortune 500 packaging leader anchoring local employment.
Exclusively Listed By
Financing By
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