Investment Overview

Marcus & Millichap is pleased to present Radiance Renissance Apartments, a 21-unit multifamily community located across two properties in Florence, South Carolina. Originally built in 1946 and 1955 and comprehensively renovated in 2025, the community comprises 2 one-bedroom units and 19 two-bedroom units. The 2025 renovation delivered a fully modernized asset with every unit featuring new LVP flooring, fresh paint, new cabinets, and new appliances (predominantly stainless steel). Additional recent capital investment includes fully replaced PEX plumbing throughout the property, new mailboxes, and recent repaving at the Church Street property. HVAC systems vary across the two properties, from central HVAC and mini-splits to a limited number of window units. Electric is individually metered by unit, with water served by a single master meter. Radiance Renissance is positioned in Florence, the medical and commercial hub of South Carolina’s Pee Dee Region. The local economy is diversified across healthcare, manufacturing, and distribution, with major employers including McLeod Health, MUSC Health Florence, HopeHealth, GE HealthCare, Honda, QVC, Sonoco Products, and Assurant. Florence sits directly on the I-95 corridor midway between the Northeast and Florida, positioning the market for continued industrial and commercial investment.