
The Louie
Property Overview
Location: 2444 Maple Ave, Burlington, NC
Units: 135
Acquired: April 2024
Completed: Q1 2025
The Louie Apartments
The Louie is located in Burlington, North Carolina. Formerly an OYO hotel, The Louie has been transformed into a 135-unit apartment community featuring studio apartments priced at attainable rents.
The property includes an outdoor pool, a fitness and wellness center, tenant storage lockers, a clubhouse and game room, and a beautifully landscaped interior courtyard with a picnic and BBQ area. There is also 4,500 square feet of retail space that will be leased to a commercial tenant.
Highlights:
The property is located in an Opportunity Zone.
Burlington is centrally located at the intersection of North Carolina’s Research Triangle and the Piedmont Triad. It is one of the fastest-growing cities in the state, with over 1.6 million people in the MSA.
Located in Alamance County, approximately 20 minutes from Greensboro and 40 minutes from Research Triangle Park.
Just 15 minutes from Buckhorn Industrial Park, a 178-acre site with 580,000 square feet of Class A industrial space, with an additional 800,000 square feet expected in the next phase of development.















