4759 Earl Gros Ave

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Address: 4759 Earl Gros Ave, Baton Rouge, Louisiana, US
Created date: March 26, 2024
Date last updated: March 26, 2024
  • Ideal redevelopment and investment opportunity
  • Situated just 1.5 miles from Louisiana State University
  • Great mix of unit types that can suit a wide variety of residents
  • Appealing on-site amenities
  • Ample parking
  • Close proximity to numerous National Credit Tenants and local restaurants and bars
  • Receivership sale! Property is fully boarded up and requires extensive renovations

Property Description

Stadium Square (4759 Earl Gros Avenue - 74 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 large courtyards 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 strategic 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: $3,450,000
No. of Units: 74
Year Built: 1975
Lot Size: 2.10 Sq ft
Opportunity Zone: No
Price per unit: $46,622
Property Website Click Here
Address: 4759 Earl Gros Ave, Baton Rouge, LA 70820, USA
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