157, 167, 167.5, 169 & 171 East State St, Baton Rouge, LA 70802
For Sale
For Sale
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Year Built
1985
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Total Building Size
10,000 RSF
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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.
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 TypeMulti-Family
- Submarket
- Year Built1985
- Sale Price$475,000
- Total Building Size10,000RSF
- Total Acres15,172.0
- Sale StatusAvailable
- Property ID2022155