This proposed acquisition of 14 Class B apartments – 10 two bedrooms, 1 bedroom units; 2 one bedroom, one bathroom units; 2 three bedrooms, one bedroom units - one bathroom Class B apartments in this high growth, high demand, near-zero vacancy market of the Charlotte suburb of Concord is positioned to deliver immediate cash flow and appreciation due to market dynamics that strongly favor landlords: near-zero vacancies, rising household incomes, limited new supply, and accelerating population growth.