Purchased at a substantial discount to replacement cost, this garden-style community in the sought-after SouthPark submarket of Charlotte has easy access to Charlotte Douglas International Airport and Highway 51. It’s also within walking distance of numerous retail amenities in Downtown Charlotte. Its current occupancy rate is 98%, and it offers the most competitive entry point for apartment living in SouthPark. After completing an external renovation program, re-amenitizing the property and renovating half the units, the property was sold in 2016 to a Core real estate fund, significantly exceeding projected underwritten returns.