The Place d’Charles apartment complex comprises 50 (1) bedroom, (1) bathroom units across 2 buildings. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $180,600. The complex is equipped with on-site laundry facilities and a large off-street parking lot. Strategically located to generate consistent tenant demand, the property is located just 1 minute from Airline Hwy and 4-8 minutes from I-110 and I-10. This property is available for purchase individually or as part of a 160+ unit portfolio. Contact broker for more information.