About this property
Waterstone Multi-Family Group is pleased to present Sunflower Place Apartments; an 84 unit complex built in 1969 and located in Dillon, South Carolina. Dillon, located directly off I-95 between Lumberton, NC & Florence, SC, offers several manufacturing employers such as Purdue, Harbor Freight and Wyman-Gorman.
The latest and largest economic victory for Dillon County is that it has been chosen as the site for the new Inland Port. The Phase I logistic center featuring Class A warehouse space will begin construction in the beginning of the 3rd quarter of 2019 and completed in 2020. Phase II is proposed on a close-by site, which allows for the construction of multiple build-to-suit buildings with up to 1.5 million square feet in additional development capacity. Click on link below.
In April of 2019, Perdue Farms has announced the completion of a $25 million expansion at its harvest operation in Dillon County, SC, creating 100 additional jobs. Click on link below.
Sunflower Place Apartments is a Value-Add opportunity and offers a broad mix of spacious units (1-4 bedrooms). Since January 2019, 14 units have been renovated and are receiving an average rental increase of $60 per unit (see rent roll).
- Renovations: Proven plan in place for rental increase
- Laundry room-6 washers 6 Dryers
- 12 buildings
- Additional acre of land for development or other use