LOSO Living — Sale in Charlotte, NC

  • Price: $4
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Charlotte, NC 28217
  • Size: 323,480 SF
  • Year built: 1969

Photos

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Description

Jones Lang LaSalle, a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for LOSO Living, a compelling 504-unit workforce housing opportunity located at 1210 Pressley Road in Charlotte, NC. This well-maintained asset represents a rare chance to acquire a stabilized workforce housing community with significant embedded value and strong fundamentals in one of the nation's fastest growing metros. LOSO Living is 95% occupied and benefits from a substantial rent spread to market, creating immediate upside potential. The property has been meticulously cared for by the current ownership group, which has invested over $4.0 million in capital improvements since 2022, including a complete roof replacement, amenity upgrades, and selective interior renovations. With the majority of units remaining in classic condition and renovated units commanding a strong premium, the new owner inherits a proven value-add playbook with minimal exterior or common area needs. As Charlotte continues to lead the Southeast in job creation and population growth, adding over 50,000 net new residents annually, LOSO Living offers institutional and value add investors alike a rare combination of immediate cash flow, proven renovation economics, tax advantages, and compelling long-term redevelopment optionality on a 45.43 acre site in an infill location.

Market Context

This multifamily in Charlotte, NC is listed for sale at $4 across 323,480 SF. The building dates to 1969. Compare it against other multifamily listings for sale in Charlotte, NC — view the full market.

As of Q4 2025, the Charlotte multifamily market showed cap rates around 5.0%. Source: Northmarq Q4 2025 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in Charlotte?
About 5.0% as of Q4 2025, per Northmarq.

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