AVAILABILITY DETAILS
- Size
- 264,179 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA535407
- Notes
- Overview
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.
Highlights
• 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
• Numerous on-site amenities including a
gym, pool, and sand volleyball courts
• Ample parking
• Close proximity to numerous National Credit
Tenants and local restaurants and bars
- Uses
- Multifamily
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Chris Maling, Avison Young