For Sale $565,000
Property Type Multi-Family
Property Size 3,516 SF
Units 4
Lot Size 0.35 Acre
Property Tenancy Multi-Tenant
Date Updated Mar 5, 2024

-This offering presents a unique opportunity to own apartments and greenspace at the popular LSU Northgate. These E State Street properties sit just a few hundred feet from LSU's campus and the popular restaurants, bars, and shops at the Northgate. The existing buildings are currently 100% occupied and poised for renovation and rent increases. The location and excess green space also present an opportunity for redevelopment, securing cash flow for many years to come. The property is already subdivided into 3 parcels. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. 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.***

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Highlights

Redevelopment opportunity with existing cash flow during hold period
Value add opportunity via renovation or redevelopment
Extremely well located at LSU Northgate
Excess land

Contacts

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

Walk Score ®
68/100 Somewhat Walkable
Bike Score ®
65/100 Bikeable

Map
Street

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

Points of Interest

Shell

0.08 miles
Chevron

0.26 miles
Circle K

1.25 miles
Tesla Supercharger 1A

1.27 miles
Tesla Supercharger 1B

1.27 miles
Tesla Supercharger 2A

1.27 miles
Tesla Supercharger 2B

1.27 miles
Tesla Supercharger 3A

1.27 miles
Tesla Supercharger 3B

1.28 miles
Chevron

1.57 miles

Thomas Boyd Lot

0.30 miles
Lot P

0.42 miles
Student Union Lots

0.48 miles
Lot J

0.49 miles
Lot Q

0.54 miles
Lot M

0.59 miles
Lot L

0.61 miles
Lot R

0.67 miles
Parking 3A

1.61 miles
East River Center Parking Garage

1.90 miles

The Cook Hotel

0.46 miles
Staybridge Suites Baton Rouge-Univ at Southgate

1.25 miles
Courtyard Baton Rouge Acadian Centre/LSU Area

1.56 miles
La Quinta Inn Baton Rouge University Area

1.60 miles
Radisson Hotel Baton Rouge

1.61 miles
Belle of Baton Rouge Hotel

1.87 miles
Holiday Inn Express Baton Rouge Downtown

2.07 miles
WATERMARK Baton Rouge, Autograph Collection

2.19 miles
Econo Lodge

2.23 miles
Hotel Indigo Baton Rouge Downtown

2.23 miles

Raising Cane's

0.08 miles
Jack in the Box

0.09 miles
The Chimes

0.10 miles
Chipotle

0.11 miles
Smoothie King

0.11 miles
Five Guys

0.11 miles
Buffalo Wild Wings

0.12 miles
Subway

0.14 miles
Pita Pit

0.15 miles
Kami Nari Sushi and Hibachi

0.15 miles

McKinley High School

0.31 miles
Buchanan Elementary School

0.41 miles
Louisiana State University

0.46 miles
University Terrace Elementary School

0.49 miles
Polk Elementary School

0.58 miles
Charity Christian Academy School

0.72 miles
McKinley Middle Magnet School

1.06 miles
Trinity Episcopal Day School

1.15 miles
Saint Francis Xavier Catholic School

1.34 miles
Southdowns Preschool Center

1.41 miles

Southside Daycare & Early Learning Center

2.21 miles
Unique Care Learning Center LLC

2.62 miles
The Learning Center

5.73 miles

Frequently Asked Questions

What is the lease rate for Multifamily Redevelopment Opportunity?

Rental asking rate at Multifamily Redevelopment Opportunity is $282,500.00/YR.

What is the total square footage of Multifamily Redevelopment Opportunity?

Multifamily Redevelopment Opportunity totals 3,516 square feet.

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