26 Locations

Woodlock is pleased to present a rare opportunity to acquire a 26-home single-family rental portfolio located throughout Florence, South Carolina, one of the state's fastest-growing secondary markets. The portfolio is being offered as a single acquisition, providing investors with immediate scale and stable cash flow, although ownership is open to selling portions of the portfolio separately.

The offering consists of three distinct asset groups that create a balanced blend of income stability, tenant demand, and long-term appreciation potential. An investor has the opportunity to purchase either all 26 homes or one of the three groupings: Third Loop, Pickford, or 12 Pack.

The first segment "Third Loop" includes 7 custom-built homes constructed in 2018. These larger residences feature all-brick construction, attached garages, and desirable floor plans ranging from three to five bedrooms. Located in established, high-quality neighborhoods, the homes average approximately 2,634 square feet and currently achieve average rents of $2,815 per month. Demand remains strong from residents seeking the privacy, space, and lifestyle benefits of a single-family home rather than traditional multifamily housing, allowing these properties to command premium rental rates.

The second segment "Pickford" includes 7 custom-built homes vary in construction from 2010 to 2018. These larger residences feature all-brick construction, attached garages, and desirable floor plans ranging from three to four bedrooms. Located in established, high-quality neighborhoods, the homes average approximately 2,492 square feet and currently achieve average rents of $2,764 per month. Demand remains strong from residents seeking the privacy, space, and lifestyle benefits of a single-family home rather than traditional multifamily housing, allowing these properties to command premium rental rates.

The third segment consists of "12-Pack" renovated single-family homes originally built in the 1960s. These homes offer two- and three-bedroom floor plans averaging approximately 1,233 square feet and have undergone significant renovations in recent years. The properties currently generate average rents of $1,495 per month and provide dependable workforce housing in a market with strong rental demand.

All 26 homes are currently leased, providing investors with immediate cash flow from day one. The portfolio offers a unique opportunity to acquire a scalable residential platform with diversified tenant profiles and limited operational complexity. In addition to the strong in-place income, the portfolio is being offered at a meaningful discount to estimated retail home values, creating an attractive going-in yield while preserving future upside.

The investment presents multiple exit strategies, including continued portfolio ownership for long-term passive income, selective dispositions to capture appreciation, or individual retail sales over time. With stable occupancy, durable construction, and exposure to a growing South Carolina market, this portfolio offers investors a compelling combination of cash flow, scalability, and value creation potential.

The Florence market is located in central South Carolina, right off I-95, and is just a few hours driving distance from Charleston, Myrtle Beach, Columbia, and Charlotte. With a county population of 135,000, there are numerous large employers serving the area. There are several regional headquarters for different fortune 500 companies and numerous high-quality employers. Some of the largest employers include McLeod Health, PGBA, Carolinas Hospital System, Trinity Healthcare Staffing Group, and Southeastern Institute of Manufacturing and Technology (SiMT). Recently, Florence landed a Japanese EV battery manufacturer (AESC) who will be developing an $810 Million dollar facility, bringing over 1,170 jobs to the county. Also, Honda announced a $45 Million dollar expansion on their current plant in Florence that will provide another 250 jobs over the next few years. Florence has over 30+ hotels in a 5-mile radius with a 10,000-seat arena/convention center called the Florence Center. The city has a unique downtown complemented by great sports facilities, parks, golf courses, and a number of great outdoor activities for locals and tourists to enjoy.