
Monroe Pair
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Monroe Pair 2 biens | Immeuble residentiel | Monroe, LA


Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime Location in North Monroe
- Operations and Value-Add Potential
- Substantial Tech Investment
- Appealing Unit Composition and Vintage
- Attractive Investment Basis
RÉSUMÉ ANALYTIQUE
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.
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.
INFORMATIONS SUR L’IMMEUBLE
Conditions de vente | Individuellement en vente | 0 | |
Type de vente | Investissement | Surface totale de l’immeuble | 44 493 m² |
Statut | Actif | Surface totale du terrain | 7,74 ha |
Nb de biens | 2 |
Conditions de vente | |
Type de vente | Investissement |
Statut | Actif |
Nb de biens | 2 |
Individuellement en vente | 0 |
Surface totale de l’immeuble | 44 493 m² |
Surface totale du terrain | 7,74 ha |
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
---|---|---|---|---|
Shadow Wood Apartments
1001 McKeen Pl, Monroe, LA 71201 |
Immeuble residentiel | 15 023 m² | 1974 | - |
Shadow Forest Apartments
1401 McKeen Pl, Monroe, LA 71201 |
Immeuble residentiel | 29 470 m² | 1974 | - |
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