12020 Florida BlvdBaton Rouge, LA 70815

Property Details for 12020 Florida Blvd

Year built

1979

Property size (Sq ft)

56,303 SF

Property type

Apartment buildings

Description

This exceptional 80-unit apartment complex, Summer Grove Apartments, presents a compelling investment opportunity in Baton Rouge, Louisiana. The property boasts a total of 56,303 square feet, encompassing two two-story buildings situated on Florida Blvd. Recent renovations have enhanced both the exterior and numerous interior units. The unit mix includes sixteen one-bedroom/one-bathroom units and sixty-four two-bedroom/one-bathroom units. Residents enjoy convenient access to shared parking and attractive interior courtyards, with all units featuring rear porches or balconies. An additional ±900 square foot administration/utility building is also included. The property's prime location on Florida Blvd, a major thoroughfare, ensures high visibility and easy access to local amenities, including restaurants, grocers, and retail options. Its proximity to Interstate 12 and Amazon's new regional fulfillment center further enhances its appeal. Built in 1979, this well-maintained property offers a strong foundation for continued success and significant return on investment. Tenants utilize stairs to access second-floor units. The property is located at 12020 Florida Blvd, Baton Rouge, LA 70815. The asking price is $2,900,000.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.4591

Longitude

-91.0495

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