60
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$400,000
Est. payment /mo
34,946 SqFt
Active
4707 Tigerland Ave Baton Rouge, LA 70820
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Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 34,946 sqft
Price per Sqft $11
Subdivision Tigerland Acres
MLS Listing ID 2026007412
Lot Size 1.000 Acres
Property Sub-Type Apt Complex (5+ Units)
Property Description
This offering comprises two apartment buildings totaling 32 units across approximately 34,946 square feet on a 1-acre site. The unit mix features 24 two-bedroom/one-bath and 8 one-bedroom/one-bath layouts, complemented by two surface parking areas providing approximately 48 spaces. Strategically located in close proximity to Louisiana State University (LSU), the property is positioned to capture sustained rental demand from students, faculty, and employees of nearby institutions and businesses. The asset presents a rare opportunity to execute a comprehensive renovation and repositioning strategy without the constraints of in-place tenancy asall the units are vacant or month-to-month tenancy. With unit-level and property-wide improvements, an investor can bring the asset to market standards and capitalize on the area's proven rental fundamentals. The combination of scale, efficient unit mix, and a clean slate for lease-up makes this an ideal project for value-add investors seeking meaningful upside in one of Baton Rouge's most established rental submarkets. Offering Memorandum - https://acrobat.adobe.com/id/urn:aaid:sc:US:e7c49839-bfa2-456b-8aa0-0295ab647c8b
Location
State LA
County East Baton Rouge
Interior
Heating Central
Cooling Central Air
Exterior
Garage Spaces 48.0
Fence Wood
Roof Type Shingle
Private Pool false
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is, Auction
Listed by CENTURY 21 Action Realty Inc
NEARBY SCHOOL & BUSINESS
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