For Sale $1,300,000
Property Type Multi-Family
Property Size 14,400 SF
Units 20
Lot Size 0.92 Acre
Property Tenancy Multi-Tenant
Date Updated Mar 9, 2024

Lots 17, 18, 19, 20, 21, 22, 23, 24, 25, 26Now available for sale, 2755 Nicholson Dr presents a strong value-add opportunity. Some units need cosmetic and maintenance while a portion of the units need total renovation. This high-visibility property receives ±15,364 in daily traffic volume. The property includes off-street parking. This property's frontage on Nicholson Dr, W Grant St, and W Garfield St offers multiple points of access. The property is located on Nicholson Dr, only 0.4 miles away from LSU Campus, presenting the opportunity to capitalize on the student and staff population of ±42,414. The property is located less than ±2 miles away from Downtown and I-10 / 1-110. This property can be packaged with 4726 Earl Gros Ave and 1155 Jim Taylor Dr, a nearby multifamily portfolio with 10 additional units (also priced at $65,000/unit).

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Highlights

Strong value add opportunity – portion of the units need total renovation
High-visibility location on Nicholson Dr, only 0.4 miles away from LSU Campus
Frontage on 3 roads, offering multiple points of access to the property
Potential for package deal with Tigerland portfolio – 10 additional units

Contacts

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

Walk Score ®
65/100 Somewhat Walkable
Bike Score ®
64/100 Bikeable

Map
Street

City Baton Rouge, LA
Neighborhood South Baton Rouge
Zip Code 70802
Market Baton Rouge

Points of Interest

Chevron

0.57 miles
Shell

0.70 miles
RaceTrac

1.75 miles
Exxon

1.75 miles
Tesla Supercharger 1B

1.94 miles
Tesla Supercharger 1A

1.94 miles
Tesla Supercharger 2A

1.94 miles
Tesla Supercharger 2B

1.94 miles
Circle K

1.94 miles
Tesla Supercharger 3A

1.94 miles

Lot M

0.47 miles
Lot L

0.51 miles
Lot P

0.63 miles
Lot J

0.65 miles
Thomas Boyd Lot

0.71 miles
Lot Q

0.76 miles
Student Union Lots

0.94 miles
Lot R

0.95 miles
Parking 3A

1.06 miles
West River Center Parking Garage

1.47 miles

The Cook Hotel

1.20 miles
Belle of Baton Rouge Hotel

1.39 miles
Staybridge Suites Baton Rouge-Univ at Southgate

1.56 miles
Holiday Inn Express Baton Rouge Downtown

1.67 miles
Magnuson Hotel Port Allen

1.71 miles
WATERMARK Baton Rouge, Autograph Collection

1.76 miles
Hotel Indigo Baton Rouge Downtown

1.79 miles
Hilton Baton Rouge Capitol Center

1.82 miles
Courtyard by Marriott Baton Rouge Downtown

1.84 miles
Hampton Inn & Suites Baton Rouge Downtown

1.98 miles

Wienerschnitzel

0.54 miles
Louie's Cafe

0.57 miles
Newk's Eatery

0.58 miles
Burger King

0.58 miles
Little Caesars

0.59 miles
Kami Nari Sushi and Hibachi

0.64 miles
Pita Pit

0.65 miles
The Simple Greek

0.66 miles
Chinese Combo King

0.66 miles
Buffalo Wild Wings

0.67 miles

Charity Christian Academy School

0.20 miles
University Terrace Elementary School

0.29 miles
Polk Elementary School

0.63 miles
McKinley High School

0.83 miles
Buchanan Elementary School

0.89 miles
Louisiana State University

0.97 miles
Frazier Campus

1.01 miles
McKinley Middle Magnet School

1.07 miles
Saint Francis Xavier Catholic School

1.22 miles
Foreign Language Academic Immersion Magnet

1.29 miles

Unique Care Learning Center LLC

2.81 miles
Southside Daycare & Early Learning Center

2.94 miles
The Learning Center

6.50 miles

Frequently Asked Questions

What is the lease rate for 20-Unit Multifamily Opportunity just outside of LSU Campus?

Rental asking rate at 20-Unit Multifamily Opportunity just outside of LSU Campus is $650,000.00/YR.

What is the total square footage of 20-Unit Multifamily Opportunity just outside of LSU Campus?

20-Unit Multifamily Opportunity just outside of LSU Campus totals 14,400 square feet.

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