5515-5523 Prescott Rd
Property Description
This 4-property, 161-unit portfolio is located in Baton Rouge with each site positioned just minutes from Airline Highway, I-110, and I-10. The assets offer steady tenant demand from surrounding residential and employment corridors. Three of the four complexes have been renovated in the past 5 years. Many units remain below market rent, presenting a clear value-add opportunity through rate adjustments. Place d’Charles includes 50 units across two buildings with on-site laundry and off-street parking. Signature One features 60 renovated units with updated interiors, security cameras, and a large off-street parking lot. Signature Two offers 20 recently renovated units with secure parking and camera systems. 4189 W Brookstown includes 31 updated units and off-street parking.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,775,000 |
| No. of Units: | 161 |
| Lot Size: | 1.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $29,658 |
| Property Website | Click Here |
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