329 Apartment Units - Baton Rouge, Louisiana This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projec tions, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Overview Address:
1710 North Marque Ann Drive and 1615 North Harco Drive, Baton Rouge, Louisiana 70815
Property:
The subject property consists of 3 separate apartment complexes known as La Belle Aire, Centurion Arms & Oak Village. The LaBelle Aire/Centurion Arms site is improved with 29 apartment buildings of varying size, 3 laundry room buildings and a maintenance building. The Oak Village site is improved with 10 two-story multifamily buildings, 1 office unit, 2 laundry buildings and a maintenance/storage building. The unit mix is as follows:
LOCATION MAP
Of the 329 units, 47 units are currently uninhabitable. The remaining 282 units are either occupied or undergoing renovations. SELECT MAPS FOR DETAILED LOCATION
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Overview
Occupancy:
An occupancy of more than 90% is anticipated in the near future for the 282 units. Occupancy in market is above 90%.
Land Area:
13.99 Acres (609,402 SF)
Zoning:
A4 – General Residential
Parking:
A total of 554 parking spaces are available
Price: $4,750,000 Contact:
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Brennan Fournerat 504-310-7160
[email protected]
ProForma
ProForma For 282 operating units
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Overview / Aerial Overview
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Overview / Unit Overview
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Overview / Unit Overview
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Overview / Unit Overview
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Overview / Pictures
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Exterior View
Exterior View
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Overview / Pictures
Exterior View
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Exterior View
