For Sale
$3,000,000

1737 La Annie DrBaton Rouge, LA 70815

86 Units, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
118
Exceptional investment opportunity in Baton Rouge, LA. This 86-unit apartment complex, built in 1976, boasts 79,970 square feet on a 3.26-acre lot. The property features 7 buildings, a playground, and a pool. Net rentable area totals 77,970 square feet, with an asking price of $3,000,000 ($37.51/sq ft and $34,883.72/unit). The property offers significant upside potential due to ample green space allowing for the construction of an additional building, increasing unit count and value. Its strategic location adjacent to a 330-unit complex (also available for sale) presents further expansion possibilities. This multifamily property combines current income stability with substantial future growth potential, making it an attractive investment. The property is located at 1737 La Annie Dr, Baton Rouge, LA 70815.

Highlights

  • 86-unit apartment building in Baton Rouge, LA, asking $3,000,000.
  • 79,970 square feet on a 3.26-acre lot.
  • $37.51 per square foot; $34,883.72 per unit.
  • Built in 1976, with amenities including a playground and pool.
  • Potential for expansion due to available green space for additional construction.
  • Adjacent to a 330-unit apartment complex also for sale.

Property Details for 1737 La Annie Dr

Property type
Apartment buildings
Square Feet
79,970 SF
Lot Size (sq. ft)
142,006 SF
Units
86

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4693284
Longitude
-91.0443095
1737 La Annie Dr, Baton Rouge, Louisiana

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1737 La Annie Dr
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