Maple Court Apartments - Offering Memorandum.pdf

Offering Memorandum · filed February 27, 2022 · 45 pages · deal: Maple Court Apartments
Page 3
Property overview

100 Maple Street | Charlotte, NC 28204

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Location: Charlotte, North Carolina; urban submarket

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Page 4
Property description

Product type: garden multi-family, built 1998; class B-

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Page 5
Unit mix

Unit mix: 64 one-bedroom, 92 two-bedroom, 28 three-bedroom; 184 units in total

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Page 9
Market overview

Submarket: urban Charlotte; infill, walkable to the employment core

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Page 12
Investment highlights

Projected 16.8% levered IRR and a 2.32x equity multiple over a 6-year hold

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On file

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