Prime Location in North Monroe: With easy access to I-20 and Highway 165, the Monroe Pair is proximate to the University of Louisiana Monroe and other cultural attractions such as the Louisiana Purchase Gardens and Zoo. Appealing Unit Composition and Vintage: Shadow Wood and Shadow Forest together include 273 units, each averaging more than 900 square feet. Constructed in 1974, these properties offer opportunities for unit and amenity upgrades, as well as increased revenue. Operations and Value-Add Potential: Through targeted improvements in marketing and operations, along with enhanced investment in modernizing units and amenities, new ownership can realize substantial value-add through increased occupancy and rents. Attractive Investment Basis: Current rents trail market averages, providing a clear path to increased NOI through strategic renovations and improved operations. Substantial Tech Investment: Meta (Facebook and Instagram parent company) is currently building its $10 billion artificial intelligence data center in northeast Louisiana near Monroe. The Center will provide more than 6,500 jobs and is expected to be completed by 2030.