• 157, 167, 167.5, 169 & 171 East State St, Baton Rouge, LA 70802

For Sale

Multi-Family

For Sale

This property is available for sale
15,172.0
Acres
$475,000
Sale Price
  • Year Built
    1985
  • Total Building Size
    10,000 RSF
  • Overview

    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.

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Property Details

Opportunity Zone Redevelopment at LSU North Gates

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.

  • Property Type
    Multi-Family
  • Submarket
  • Year Built
    1985
  • Sale Price
    $475,000
  • Total Building Size
    10,000RSF
  • Total Acres
    15,172.0
  • Sale Status
    Available
  • Property ID
    2022155

Landlord's Sales Representatives

  • Mathew J Laborde
    Elifin Realty
     
  • George Bonvillain