Hollis 7601

Hollis 7601 was acquired on October 16, 2024. The property is a 216-unit garden style community located in Charlotte, NC.  The operational strategy for this asset is to add value through interior renovations, enhancing the curb appeal and amenities, as well as improving the overall management and operations at the property.  There is a significant opportunity to increase the assets’ value through interior renovation, 94% of the units are unrenovated.

The property includes a mix of one-, two- and three-bedroom apartments with interior amenities including walk-in closets, soaking tubs, microwaves, and fireplaces.  Hollis 7601 is just over a mile from The Concourse, a 250-acre mixed-use business park that includes a hotel, office, and retail spaces.  A 15-minute drive from the property is the new Atrium Health & Wake Forest University School of Medicine and Medical Innovation District.  Hollis 7601 is located 10 minutes from Carowinds, a popular amusement park in Charlotte.  

Charlotte is considered the 2nd largest city in the Southeast and 15th largest in the United States.  It’s recognized for several industries: banking, energy, healthcare and transportation. Based on economic, social, and cultural opportunities, Charlotte is predicted to grow by more than 70% by mid-2030s.

‍Amenities: 

• Bark Park
• Playground 
• Garage Parking
• Swimming Pool
• Outdoor Kitchen
• Fitness Center 
• Car Care Center with Vacuum