50-Unit Multifamily Complex with Below Market Rents

5515-5523 Prescott Rd, Baton Rouge, LA 70805

  • For Sale $2,000,000
  • Property Type Multi-Family
  • Property Size 22,850 SF
  • Units 50
  • Building Class B
  • Date Updated Sep 4, 2025
-The Place d’Charles apartment complex comprises 50 (1) bedroom, (1) bathroom units across 2 buildings. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $180,600. The complex is equipped with on-site laundry facilities and a large off-street parking lot. Strategically located to generate consistent tenant demand, the property is located just 1 minute from Airline Hwy and 4-8 minutes from I-110 and I-10. This property is available for purchase individually or as part of a 160+ unit portfolio. Contact broker for more information.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Mark Segalla

JRE Brokerage

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Kean Place - Brookstown
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.67 miles

  • Cousin's Food Mart

    0.75 miles

  • Ben's

    0.77 miles

  • Mike's Truck Stop

    0.79 miles

  • RaceWay

    1.02 miles

  • Right Way Food Mart

    1.03 miles

  • Exxon

    1.12 miles

  • Texaco

    1.16 miles

  • Quick Mart

    1.47 miles

  • Valero

    1.52 miles

  • Bon Carre Parking

    2.53 miles

  • Insurance Building Parking

    3.72 miles

  • Claiborne Garage

    3.72 miles

  • State Capitol Northwest Lot

    3.78 miles

  • Galvez Garage

    3.92 miles

  • Parkhaus

    3.94 miles

  • LaSalle Garage

    4.09 miles

  • State Welcome Center Parking Garage

    4.10 miles

  • East River Center Parking Garage

    4.38 miles

  • West River Center Parking Garage

    4.41 miles

  • Paradise Inn & Suites

    0.94 miles

  • Vel Rose Motel

    1.43 miles

  • Ten Flags Inn

    1.71 miles

  • SpringHill Suites Baton Rouge North/Airport

    2.53 miles

  • Days Inn by Wyndham Baton Rouge Airport

    2.55 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    2.57 miles

  • Microtel Inn & Suites

    2.58 miles

  • Hilton Garden Inn Baton Rouge Airport

    2.59 miles

  • Alamo Plaza Motel

    2.66 miles

  • The Shades Motel

    2.68 miles

  • Hunt Brothers Pizza

    0.75 miles

  • Mr. Po-Boy

    0.75 miles

  • McDonald's

    0.78 miles

  • Burger King

    0.78 miles

  • KFC

    0.84 miles

  • Mikey's Donut King

    0.91 miles

  • Popeyes

    0.95 miles

  • Church's

    1.22 miles

  • Subway

    1.59 miles

  • Gold Bowl

    2.27 miles

  • Martin L King Jr Christian Academy School

    0.25 miles

  • Brookstown Elementary School

    0.39 miles

  • Desire Street Academy School

    0.48 miles

  • Airline Christian Academy

    0.54 miles

  • Howell Park Elementary School

    0.63 miles

  • Winbourne Elementary School

    0.83 miles

  • Prescott Middle School

    0.83 miles

  • Mohican Education Center

    0.98 miles

  • Wilma C Montgomery Education Center

    0.98 miles

  • North Highlands Professional Learning Community School

    1.02 miles

  • Unique Care Learning Center LLC

    2.77 miles

  • Southside Daycare & Early Learning Center

    4.79 miles

  • Jayla's Learning Center

    4.80 miles

  • Educational Station Children Center

    4.82 miles

  • KinderCare

    6.60 miles

  • The Learning Center

    8.12 miles

Frequently Asked Questions

How much does 50-Unit Multifamily Complex with Below Market Rents cost?

The space currently listed for sale at 50-Unit Multifamily Complex with Below Market Rents asks for $2,000,000.

What is the total square footage of 50-Unit Multifamily Complex with Below Market Rents?

50-Unit Multifamily Complex with Below Market Rents totals 22,850 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Mark Segalla

JRE Brokerage

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.