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$1,500,000
Community: Charlotte in Mecklenburg County
This 10-unit multifamily asset presents a clean lease-up opportunity in North Charlotte with immediate operational upside. The property is currently ~90% occupied, with four of five vacant units in rent-ready condition and one remaining unit requiring renovation, allowing you to drive near-term NOI growth with limited CapEx needs. All units are 2BR/1.5BA townhome-style layouts averaging ~918 SF, offering larger floorplans that support strong market rents. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the property benefits from durable rental demand within an active growth corridor.
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