4445 Alvin Dark Ave

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Address: 4445 Alvin Dark Ave, Baton Rouge, Louisiana, US
Created date: February 9, 2024
Date last updated: March 26, 2024

Property Description

Tiger Plaza (4445 Alvin Dark Avenue - 296 units), a multifamily property in Baton Rouge, Louisiana, presents an outstanding investment and development opportunity. This receivership sale offers the property in as-is condition; it is in major disrepair and requires extensive renovations. The asset provides an ideal canvas for remodeling and creating attractive housing for university students and staff. Strategically located just 1.5 miles from Louisiana State University, the residences have appealing amenities, including a gym, basketball courts, sand volleyball courts, and a pool. Moreover, national credit tenants like McDonald’s, Sonic, Taco Bell, and Yogurtland, along with various local restaurants and bars, are situated within a 1.5 miles. This unique offering combines ideal location with the potential for transformative renovations, making it a compelling proposition for investors seeking to cater to the housing needs of the university community.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $14,450,000
No. of Units: 296
Year Built: 1975
Lot Size: 14.17 Sq ft
Opportunity Zone: No
Price per unit: $48,818
Property Website Click Here
Address: 4445 Alvin Dark Ave, Baton Rouge, LA 70820, USA
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