Louisiana Multi-Family For Sale
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Vacant, Distressed 48-Unit Apartment Complex
4380 Mohican Prescot Crossover
North Baton Rouge, Baton Rouge, LA
Lot Size:1.52Acres
- Spanish Villa Apartments is a 48-unit apartment complex in Mid City North. The property is currently vacant and in need of major renovation before occupying. The 7-building complex is situated on approximately ±1.52 acres and consists of 5 residential buildings, 2 auxiliary buildings (poolhouse and office), a swimming pool, and parking lot. The property flooded in 2016 and the majority of the units are gutted.
$900,000

Spanish Town Apartment Complex For Sale
505 University Walk
Downtown, Baton Rouge, LA
Lot Size:0.23Acres
Located at the corner of University Walk and N 5th St in Downtown Baton Rouge. *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Do Not Enter Property or Contact Tenants for any reason. This quiet, downtown apartment complex sits just a few blocks from the State Capitol building in the historic Spanish Town neighborhood. The 10-unit building is two stories. Eight of the units are 2 bed / 1 bath, and two units are 1 bed / 1 bath. Street parking is available along University Walk and N 5th Street, but the property also contains a small parking lot with ±10 spaces. The building is configured so that all units open to the interior of the property around the central courtyard. The property is fenced and gated and could easily be upgraded for secure entry. The grounds are beautifully landscaped both to enhance the appearance of the complex, but also to add to its privacy. While on the property, the configuration and landscaping combine to bring down noise levels and create a tranquil atmosphere. Spanish Town, established in 1805 as Baton Rouge's oldest neighborhood, reflects the colorful, changing heritage and development of Louisiana's capital. Created in 1974 by residents in order to develop, preserve, and protect the "unique character" of Spanish Town, the HSTCA has been in continuous existence, perpetuating the pulse of the neighborhood. In 1978 the HSTCA had the neighborhood designated as the "Spanish Town Historic District" and recognized on the U.S. Department of the Interior's National Register of Historic Places. In 2008 the HSTCA obtained designation as the "Spanish Town Local Historical District" along with Design Guidelines to maintain, preserve, and enhance the architectural character of the neighborhood.
$1,225,000

Plaza Apartments – Spanish Town Complex w/ Dedicated Parking
636 Lakeland Dr
Downtown, Baton Rouge, LA
Lot Size:0.21Acres
Downtown *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Do Not Enter Property or Contact Tenants for any reason. Plaza Apartments at 636 Lakeland Dr is located in Downtown Baton Rouge in the Historic Spanish Town Neighborhood. The 8-unit apartment building is comprised of all 2 bed / 1 bath units and also features an off-street parking lot with ±9 spaces, a rare feature for downtown. Seven of the units have been renovated with tile flooring and all units have central A/C. An on site, coin-operated laundry services all units (washer / dryer). The property has little-to-no deferred maintenance and the roof is approximately 7 years old. Tenants are responsible for electric utilities. Landlord pays for water, sewer, and dumpster service.
$799,900

Renovated 12-Unit Multifamily Asset For Sale
4255 W Brookstown Dr
Brookstown, Baton Rouge, LA
Lot Size:0.36Acres
- West Brookstown Apartments is a 2 building, 12-unit complex. All interior units have been fully renovated, and minor exterior renovations have been completed in March 2022. Each building is 2 stories Building 1, located closer to W Brookstown contains 4 units with building 2 containing 8 units. Parking for tenants is available adjacent to each building. This is a strong value-add opportunity with new ownership making additional upgrades to units and building exteriors before increasing rents.
$475,000

Renovated 24-Unit Apartment Complex in Mid City
459 Apartment Court Dr
Goodwood, Baton Rouge, LA
Lot Size:0.76Acres
- This extremely well-located apartment complex in Mid City sits just a few feet off Government St, east of Jefferson Hwy. Multiple units have undergone total renovations including new paint, new flooring, upgraded bathrooms with marble tiling, and new kitchen upgrades. One of the buildings has a new roof. The property is wired for Cox internet / cable. The 24 units are spread between 3 two-story buildings with a central parking lot and multiple access points from Apartment Court. A handful of parking spaces are covered and there is on site laundry in the center of building 2. Unit mix for the property is 16 2 bed / 1 bath and 8 1 bed / 1 bath units. Mid City is a booming submarket of Baton Rouge with numerous restaurants, retail shops, and businesses opening their doors over the last few years. Residents continue to flock to the area seeking residence as they enjoy all Mid City has to offer. ******To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.******
$2,500,000

40-Unit Multifamily Portfolio in Ascension Parish
402, 406, 408, 412 N Alexander Street
Gonzales, LA
Building Size:30,800SF
- This 40-unit multifamily portfolio consists of 7 different properties all in Ascension Parish. Six of the properties are located in Gonzales, LA and are all located within 10 minutes of one another. The seventh is in Prairieville, LA and only 18 minutes from the other properties. The portfolio consists of 9 buildings totaling 30,800 rentable square feet. It consists of duplexes, fourplexes, and apartment buildings. Portfolio is 100% occupied.
$4,300,000

Apartment & Single-Family Home Multifamily Portfolio
1511 Cristy Dr
North Sherwood Forest, Baton Rouge, LA
Lot Size:0.31Acres
- *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* This multifamily portfolio consists of 12 units spread among 5 total properties. It consists of 4 single-family homes and an 8-unit apartment property (2 buildings). Three of the properties are located in Baker, LA and two are located just off Florida Blvd in Baton Rouge.
$970,000

Multifamily Apartments at the Edge of LSU Campus
3278 Ivanhoe St
LSU, Baton Rouge, LA
Building Size:3,542SF
Near the intersection of East State St and Highland Rd ****To access the FINANCIALS (income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Property Summary: • 3 units in Louisiana Terrace Subdivision • Ideal for student and conventional tenants Location Summary: • Located just north of LSU Campus near the intersection of East State St and Highland Rd • Located ±1,000 ft. from LSU Campus (student population - 31,527)
$395,000

Multifamily Apartments Near Highland at LSU
130-142 E Boyd Dr
College Town, Baton Rouge, LA
Lot Size:0.31Acres
E Boyd near Highland *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Do Not Enter Property or Contact Tenants for any reason. This apartment complex is located just off the corner of E Boyd Dr and Highland Rd near LSU in Baton Rouge, La. Comprised of 2 buildings housing 7 units, this property is only 1 block away from LSU's campus and short walk away from local retailers and restaurants. Tenants enjoy private, off-street parking and on-site laundry. Property is zoned A4 and is primed for student housing.
$550,000

Bayou Creek RV Park in the Tunica Hills
13155 Hwy 66
Saint Francisville, LA
Lot Size:5.50Acres
13155 Hwy 66 *****No tours or drive-ins without an appointment***** ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Bayou Creek RV Park is located on Highway 66 (Tunica Trace) in the beautiful hills of Saint Francisville near the Tunica Hills Wildlife Management Area. Bayou Creek is an established RV park with a website: (http://bayoucreekrv.com/) , google business page, Facebook page: (https://www.facebook.com/bayoucreekrvpark/), and over 65 "5-star" reviews. The 5.5-acre property is comprised of 25 RV spaces, 5 RV spaces with rental RVs in place, a 30'x80' commercial building converted to residential home with master addition totaling ±2,704 SF, structural slab for 3-car garage, commercial sewage treatment plant (6,000 gal), men/women restrooms, and commercial laundry. The property is currently operating and will be turn-key for new ownership with supplies and equipment remaining. Tenants are industrial plant workers, who enjoy the quiet setting while also being in close proximity to the plants.
$850,000

Mi Ville Condominiums
5102, 5104, 5108, 5112, 5117 Garig Avenue
Goodwood, Baton Rouge, LA
Building Size:8,748SF
These condos are located on Garig Avenue, right off of South Foster Drive. The area is fenced in with a gated entrance. There are two units per individual building. This quiet condominium complex is located just off the busy corner of Government Street and S Foster Drive in the heart of Mid City Baton Rouge. Adjacent to Baton Rouge Community College and just a few yards from the now walkable Government Street, the Mi Ville Condominiums are centered in the heart of the many retailers and restaurants of booming Mid City. The gated property sits at the end of Garig Avenue under beautiful shade trees and is accented with colorful seasonal flowers. The five, two-story buildings house a total of 14 units and tenants enjoy private off-street parking and a central courtyard for entertaining and relaxing.
$800,000

Capital Heights Multifamily Opportunity in Mid City
3608, 3610, 3612 Capital Heights Ave
Mid City, Baton Rouge, LA
Lot Size:0.10Acres
Capital Heights ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** This multifamily investment property is perfectly positioned in the popular neighborhood of Capital Heights in Mid City Baton Rouge. Located seconds away from some of Baton Rouge's most popular restaurants, retail shops, bars, and hangouts, this 3-unit property is an ideal opportunity to add an attractive apartment building to your portfolio. Tenants will enjoy the quiet and friendly Capital Heights neighborhood, being within walking distance to Government Street shops and eats, and only a few minutes drive from anywhere in Baton Rouge proper. The property consists of two buildings and a parking lot. Building 1 contains two, 2 bed / 1.5 bath units and Building 2 in the rear contains a single 1 bed / 1 bath unit (studio). All units have washer / dryer.
$330,000

Bedford Place Apartments For Sale
8540 Huntington Park Dr
Little Woods, New Orleans, LA
Lot Size:1.81Acres
New Orleans ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Bedford Place Apartments is a 26-unit complex located just off Interstate 10 near Lake Pontchartrain. It sits at the end of Huntington Park Drive among a residential neighborhood and two other multifamily developments off Crowder Blvd. The complex consists of two buildings in u-shaped configurations surrounding a center parking lot. The entrance drive, parking lot, and sidewalks are in excellent condition and the layout of the property helps discourage non-resident traffic. A piece of excess land on the southwest portion of the property is also included, totaling approximately ±13,200 SF. This land is currently cleared and partially paved. There are four large units that are 2,200 SF and feature a 2-car garage. All remaining units are 2 bed / 1.5 bath in two-story configuration and 1,100 square feet in size.
$3,500,000

Fully Renovated 80-Unit Multifamily Portfolio
5617 Prescott Rd, 3942 W Brookstown Dr
Brookstown, Baton Rouge, LA
Lot Size:2.15Acres
North BR ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** This fully-renovated portfolio is comprised of two apartment complexes that are located within walking distance of one another: Signature One Apartments & Signature Two Apartments. Both complexes are Signature One (5617 Prescott Rd) consists of 3 buildings totaling 60 units. The property fronts Prescott Rd and has two entry/exit drives. All buildings are two-story with parking directly in front of each unit and dumpsters on the rear of the property. Signature Two (3942 W Brookstown Dr) is located at the corner of W Brookstown Dr and Heidel Ave and consists of 1, two-story building totaling 20 units. The u-shaped building has a center, paved courtyard behind an iron fence, and parking around the exterior of the building. See Offering Memorandum for a detailed list of renovations completed. Both complexes are also equipped with security camera systems. Property has a HAP contract for 20 units, with only 5 of 20 currently occupied by HAP tenants.
$3,500,000

Reduced: 100% Occupied Condo Portfolio Near LSU
1984 Brightside Dr
South Campus, Baton Rouge, LA
Building Size:4,840SF
Located just south of LSU Campus near the intersection of Brightside Drive and Hwy 30 (Nicholson Dr). Property Summary: • 10 condo units in Brightside Commons • Brightside Commons is a low-rise condo property with 60 total units • The property is two stories with units on each floor • The property is gated and fenced with common parking and community pool • Mix of student and conventional tenants Location Summary: • Located just south of LSU Campus near the intersection of Brightside Drive and Hwy 30 (Nicholson Drive) • Property is accessed via common drive from Brightside Drive • On three sides the property isn't bordered by other surrounding multifamily developments, which provides some separation and privacy • Located 1 mile from LSU Campus (student population - 31,527) Financial Summary: • Condo fees cover exterior repairs and maintenance • Pro Forma Cap Rate: 8.5% • Pro Forma NOI: $44,835
$495,000

[Reduced] Twin Oaks Mobile Home Park - 32 Units
30697 Old River Rd
Denham Springs, LA
Lot Size:5.72Acres
Located off of Old River Rd in Denham Springs, LA. Twin Oaks Mobile Home Park is a 32-unit mobile home park in Denham Springs, LA. It also contains 1 additional RV space. All mobile homes are tenant owned leaving no maintenance or utilities expense on the landlord. The property is a very passive investment and has extremely low turnover. The property sits just west of Hwy 16 (Range Ave) on Old River Rd. (Hwy 1028). Residents enter via a driveway from Old River Rd and use a circle drive to access units. This quiet multifamily investment sits among other residential neighborhoods and private residences. Mailboxes and dumpster are situated in the front of the property near Old River Rd.
$1,150,000

Magnolia Villas Apartment Complex For Sale
5500 Hwy 75
Carville, LA
Lot Size:2.67Acres
Located on Hwy 75 in Carville LA, south of St. Gabriel and close to the Mississippi River ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Property Summary: - 10 Apartment Buildings - 40 Units - 1 Office Building, 1 Storage Building - All units 3 Bedroom / 2 Bathroom - 36,480 Rentable SF - Current occupancy: 90% - Below Market Rents Location Summary: - Located near the Mississippi River in Carville, LA on Hwy 75. - Carville is located ±30min south of Baton Rouge, LA (State Capital), and ±15 min west of Interstate 10 at Gonzales, LA. - The surrounding area is mostly residential and rural, with some industrial plants along the Mississippi River.
$2,600,000

Multifamily Duplex Portfolio Near Southeastern University
47072 - 47080 Cassie Lane
Hammond, LA
Lot Size:0.97Acres
A short drive from I-55 *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Property Summary: - This Duplex Portfolio located on Cassie Lane consists of five, two-unit buildings all adjacent to one another on a ±0.97-acre lot. - Cassie Lane is the common entrance drive that connects to Greco Road just north of Kohnke Hill Road. - Parking for residents is directly in front of each unit with a total of ±20 parking spaces. - All units are 2 bed / 2 bath and 1,000 RSF each. - Two of the buildings were constructed in 2010 and the three on the eastern portion of the property were added in late 2018. - The property has little-to-no deferred maintenance. The parking and entrance drives are in excellent condition. Location Summary: - The portfolio is located just off I-55 in Hammond, LA and only a 4-Minute drive from the campus of Southeastern Louisiana University (14,461 Enrollment). - Downtown Hammond is just a 10-minute drive. - The surrounding area is primarily single-family and multifamily residential. Financial Summary: - Occupancy (6/1/2021): 100% - Proforma Net Operating Income: See Offering Memorandum - Proforma Cap Rate: See Offering Memorandum
$900,000

Spanish Town Multifamily Portfolio
615 Spanish Town Rd & 630 Lakeland Dr
Downtown, Baton Rouge, LA
Lot Size:0.44Acres
Downtown This multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr), and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each. The single-family home faces Lakeland Dr and consist of 3 bedrooms & 2 bathrooms, totaling ±1,700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C, and 8 of the 10 apartments have in-unit washer/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas, and common area electric. Tenants pay their own electric, and a portion of utilities for 9&10 is split with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years, and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water & sewer. Tenant pays electric & gas. This property is also being offered as part of a 27-unit portfolio. Contact broker for more info.
$1,400,000

Southdowns Apartments For Sale - 100% Occupied
4222-4238 Perkins Rd
Southside, Baton Rouge, LA
Lot Size:0.43Acres
Perkins Rd *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Southdowns Apartments is an 8-unit apartment complex located at the hard corner of Perkins Road and Stuart Avenue. The complex is comprised of 2 two-story buildings containing 4 units each, off-street parking lot (with ±32’x±50’ cover), and center courtyard area with a small storage building. All units are 2 bed / 1 bath. With its central location between the popular Baton Rouge neighborhood–Southdowns–and the dense retail corridor along Perkins Road / College Drive, this property has very strong historical occupancy rates. The property was recently renovated with exterior paint and repairs, new granite countertops in 6 units, and repairs to the concrete entry drive. All units have washer/dryer and central AC. Tenants pay water, sewer, and electric utilities. Landlord pays house meter for electric and dumpster service. This property is also being offered as part of a 27-unit portfolio. Contact broker for more info.
$999,999
2255 St Charles Ave
2255 Saint Charles Ave
Garden District, New Orleans, LA
Building Size:14,428SF
$2,950,000
4425 Loyola Ave
Uptown, New Orleans, LA
Building Size:3,096SF
$625,000
3100 Banks St
Mid-City, New Orleans, LA
Building Size:26,155SF
$6,300,000
Jackson & Laurel
839 Jackson Ave
Lower Garden District, New Orleans, LA
Building Size:12,000SF
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6000 Chef Menteur Hwy
Viavant-Venetian Isles, New Orleans, LA
Building Size:69,636SF
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3701 Bienville St
Mid-City, New Orleans, LA
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3004 Canal St
Mid-City, New Orleans, LA
Building Size:15,100SF
$1,250,000
Plaza Park Apartments
6817 Tara Ln
West Lake Forest, New Orleans, LA
Building Size:76,600SF
$3,250,000
4503 Prytania St
Uptown, New Orleans, LA
Building Size:10,150SF
$2,195,000
515 General Taylor St
East Riverside, New Orleans, LA
Building Size:1,861SF
$559,000
Beauregard Town Two Duplexes
811 Mayflower St
Old South Baton Rouge, Baton Rouge, LA
Building Size:5,200SF
$789,000

926-40 Chartres Street
926-40 Chartres St
French Quarter, New Orleans, LA
Lot Size:0.29Acres
An extraordinary French Quarter opportunity! The original row of five circa 1860 two-story buildings at 930-40 Chartres Street is combined with the adjacent circa 1835 two-story building at 926-28 Chartres Street to form a French Quarter developer’s dream.
The first floor is now comprised entirely of garage parking for up to 37 cars. The second floor of 926-28 Chartres has two newly renovated apartments of 1,260 SF and 1,361 SF (includes 3rd floor dormer area). The second floor of 930-40 Chartres St. has an expansive 4,150 SF owner’s unit and a separate 1,192 SF rental apartment with an 1,180 SF outside patio. The buildings are wrapped by magnificent covered galleries with stunning views of the Vieux Carré
Existing plans have also been drafted by Williams Architects to add two additional residential apartments of 993 SF and 945 SF with an outdoor patio above the rear of the first floor parking garage at 926-28 Chartres Street. There is also an expansive existing roof deck above the 930-938 portion of the complex.
The entire property is in excellent condition. Complete renovations have just been finished to the apartments at 926-28 Chartres Street,with a new roof and new 1400 lb passenger elevator serving those units having just been installed as well.
$6,600,000

8255 Ned Ave
South Burbank, Baton Rouge, LA
Lot Size:0.18Acres
From Gardere, turn on Ned Ave. Property is on the left side of Ned Recently renovated fourplex for sale. All apartments are two bedroom two full baths. Washer/dryer connections in all apartments. Roof replaced 2016. Large rear yard. Professionally managed. Tenants pay electric, water, sewer. Current rents are as follows. A-$650, B-600, C-$650, D-$600.
$215,000

Revenue-Generating Multifamily in Garden District
2563, 2565, 2603, 2605 Rittiner Dr
Mid City, Baton Rouge, LA
Lot Size:0.18Acres
Located in the Garden District area, blocks away from Government Street. This is a historically strong and safe rental market. This is a perfect opportunity to purchase a revenue generating property in the Garden District. This 4 unit building is approximately 3,682 square feet and located on Rittiner Drive just 4 blocks from Government Street. With close proximity to St. Joseph’s Academy and Catholic High in a historically strong and safe rental market, this is a phenomenal opportunity to acquire your first multi-family rental property or an excellent addition to your investment portfolio.
$429,000

Multifamily Apartments in the Garden District
1019, 1021, 1023, 1025 Rittiner Drive
Mid City, Baton Rouge, LA
Lot Size:0.35Acres
Located in the Garden District in the Rittiner Terrace subdivision. Near the corner of Rittiner Dr and Myrtle Ave. With a great location in the Garden District and just a few blocks from Government Street in Mid City this multifamily property has strong rental appeal. It is located in a historically strong rental market near the corner of Rittiner Dr and Myrtle Ave. The building has completely updated kitchens in all units and is currently 75% occupied. It is two stories and ±3,600 SF in total size. All units are 2 bed / 1 bath and there is ample parking for tenants in the rear limestone parking lot.
$449,000

100% Occupied High End Apartment Portfolio at LSU / Burbank Dr
4250 Dodson Ave
College Town, Baton Rouge, LA
Lot Size:0.90Acres
This portfolio is located on Dodson Ave and Janet Dr just south of LSU Campus and one block north of Burbank Dr. Property Summary: 100% Occupied 29 Units in 5 Buildings All buildings on adjacent properties on Dodson Ave and Janet Dr Mix of 1, 2, 3 bedroom units Location Summary: The block where this portfolio sits is 1 block away from the southern edge of LSU's Campus and 1 block north of Burbank Dr. All properties surrounding this portfolio are multifamily residential. There is a mix of older multifamily properties and new apartment developments in the immediate proximity of the portfolio. There is also a strong retail corridor just south of the property where tenants and locals regularly shop, play, and eat. Investment Summary: Pro Forma Cap Rate: 7.14% ProForma NOI: $267,596.72
$3,750,000

Multifamily Portfolio at Northgates of LSU on E State St
229, 231, 233, 261 E State St
Old South Baton Rouge, Baton Rouge, LA
Building Size:8,570SF
Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This portfolio contains 12 units in 3 separate buildings, with a mix of one and two bedroom units. The tenant base is primarily students, and two of the units are currently being used as Airbnb rentals. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.
$1,700,000
Jefferson Place
7975 Jefferson Hwy
Drusilla, Baton Rouge, LA
Building Size:827,640SF
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100% Occupied Multifamily Apartments at LSU Northgates
229 E State St
Old South Baton Rouge, Baton Rouge, LA
Building Size:3,206SF
Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily property provides a perfect opportunity to acquire a multifamily asset in a high-demand area. This property consists of 4 units, all two bedroom / one bath units. The tenant base is primarily students. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property a desirable opportunity for potential investors. The property can also be purchased as part of a larger multifamily portfolio in this area. Listed separately. Virtual tour of Unit H: https://my.matterport.com/show/?m=6WbHiqKNHHU Virtual tour of Unit S: https://my.matterport.com/show/?m=A3wFWww6KJv Virtual tour of Unit M: https://my.matterport.com/show/?m=QjSSGz8f8yy
$642,000

Fully-Occupied Multifamily Property in Tigerland
4512 Earl Gros Ave
South Campus, Baton Rouge, LA
Lot Size:0.25Acres
Located at the corner of Earl Gros Ave and Jay Hebert Dr in the Tigerland Acres subdivision. This multifamily fourplex, located in Tigerland just south of LSU's campus, is 100% occupied and would be an excellent revenue-generating addition to an investor's portfolio. The current owner has made upgrades to the interiors of the units and has maintained the property well. Three of the four AC units for the property are new. The property also has additional security upgrades including door locks with tenant-specific key codes and floodlights that automatically turn on at dusk. The property, and the entire Tigerland area, has strong historical occupancy rates of primarily students and young families. No showings without an accepted Purchase Agreement.
$220,000
Audubon Place Apartments
103, 107 & 109 Alice Drive
Thibodaux, LA
Lot Size:2.00Acres
Audubon Place Apartments is an extremely well maintained, 32 Unit, Community located in the City of Thibodaux, LA. Each of the 3 buildings are of concrete panel construction, metal "r-panel" roofing, with brick and stucco facades. The property is one-quarter mile from Nicholls State University and its current tenant mix is less than 20%, college students. The community sits on approximately 2 Acres with ample room to construct additional units. As per ESRI, the median household income is $49,595 and the population is approximately 49,059.
Property manager lives on-site.
Audubon Place has a very low vacancy!
Please use the website to access the deal vault for additional information and Proforma.
http://properties.latterblum.com/103-Alice-Thibodaux-Multifamily-32Unit-Audubon
$1,800,000
3435 Carondelet St
Milan, New Orleans, LA
Building Size:3,431SF
$499,000

Ascension Townhomes Apartment Complex For Sale
41063 Cannon Rd
Gonzales, LA
Lot Size:2.18Acres
Conveniently located a few hundred feet off of Hwy 44 (N Burnside Ave) and just north of where Hwy 44 intersects with Airline Hwy, this complex is less than a mile from planet fitness, a movie theater, a bowling alley, Walgreens, CVS, and a whole host of shopping, dining, and entertainment options. The closest major grocery stores, Rouses and Walmart Supercenter, are a short 5 minute drive from the complex. This apartment complex lies within the highly regarded Ascension Parish School District and the specific school zones are G. W. Carver Primary School, Gonzales Middle School, and East Ascension High School. Ascension Townhomes, located in the fastest growing parish in the state, is now available for sale. This 48-unit complex is an excellent opportunity with potential upgrades available for the future owner to increase rents and keep expenses low. The complex is located less than a mile from Airline Hwy and sits near a Planet Fitness, a movie theater, a bowling alley, and other retail centers. With strong historical occupancy and below-market rents, Ascension Townhomes provides an appealing investment opportunity in Ascension Parish.
$2,900,000

Multifamily Portfolio Off Brightside Near LSU
Brightside View Dr
South Campus, Baton Rouge, LA
Lot Size:1.43Acres
Perfectly situated just a short two mile drive from Louisiana State University, this portfolio consists of multifamily housing geared toward university students. The portfolio of properties are off of Brightside Drive which contains a mixture of single family neighborhoods, multifamily housing, and commercial developments. The subject portfolio is just one mile away from the new Arlington Marketplace development anchored by Rouses Supermarket along with a number of small restaurants, fitness centers, and coffee shops. This portfolio of apartments totaling 20 units is comprised of 60 bedrooms and boasts consistent, immediate cash flow. The property is located just minutes from Louisiana State University and has historically achieved high occupancy with a tenant base primarily made of LSU students. Consisting of seven duplexes, one fourplex, and two condominium units on Brightside View Drive, this portfolio has little to no deferred maintenance and would be an incredible opportunity for an investor looking to generate profit with minimal upfront work. The portfolio has a diversified unit mix ranging from two-bedroom to four-bedroom units to appeal to any tenant's needs. Please view our Marketing Brochure for more information. Portfolio being sold as a package deal. Property walk-throughs and inspections will be available upon an accepted purchase agreement. Virtual Tour (Photos): https://players.cupix.com/p/cDgbx8lU
$2,480,000

22 Unit Apartment Complex Near LSU
3350 Wyoming St
Old South Baton Rouge, Baton Rouge, LA
Lot Size:0.52Acres
Wyoming St runs parallel to Nicholson Dr near the north border of LSU's Campus. This property is located at the southern end of Wyoming St at the corner of Wyoming and W Chimes St. Situated in the heart of the recently revitalized Nicholson Gateway Corridor, this 22-unit complex presents an excellent opportunity to acquire a multifamily asset adjacent to LSU. Each two bed, one bath unit features recently updated interiors and overlooks a beautiful courtyard with a pool. Take advantage of an opportunity to acquire a revenue generating asset next to a campus of 25,000 students.
$1,150,000

Multifamily Investment Opportunity Near LSU
149 E State St
Old South Baton Rouge, Baton Rouge, LA
Building Size:4,505SF
Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This property is made up of 8 units - the property contains 4 units upstairs and 4 units downstairs. All units are 1 bedroom/1 bathroom units. Currently there is one vacancy at the property. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.
$900,000

Fairwood Apartments: 58-Unit Complex For Sale
3779 Eaton St
North Baton Rouge, Baton Rouge, LA
Lot Size:2.30Acres
Located between Plank Rd and N Foster Dr in Baton Rouge, LA.
$2,100,000

Opportunity Zone Redevelopment at LSU North Gates
157, 167, 167.5, 169 & 171 East State St
Old South Baton Rouge, Baton Rouge, LA
Lot Size:15,172.00Acres
This property is on E. State St. near the intersection of Highland Rd. Part of the North Gate neighborhood steps away from LSU's campus. Rare redevelopment opportunity near LSU. Located in a brand new Opportunity Zone. This property is located steps away from LSU's campus as part of the thriving North Gates neighborhood. Units in need of total rehab or tear down with a majority of the value in the land and location. Currently four apartment buildings with a mix of studio and larger units. Perfectly positioned for student housing and would be an excellent site to tear down the existing structures and build brand new facilities. Opportunity Zone location results in multiple investor benefits.
$475,000

Income Producing Property & Excess Land
Highway 1 At Dixie Blanchard Road
Shreveport, LA
Lot Size:99.00Acres
Highway 1 at Dixie Blanchard Road, just northwest of new I-49 interchange Commercial Acreage and Mobile Home Park Available For Sale
$10,300,000
1652 Alexander Ct
Gretna, LA
Building Size:4,000SF
$220,000
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Louisiana has 4,487 commercial real estate spaces for lease, representing 44,646,730 sqft space.
6190 buildings are available for sale.
In the past 30 days, Louisiana has had 1059 spaces leased and 60 new spaces come on market.
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