Available For Sale - Multifamily

49,579 SF | Show Pricing $

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LISTED BY

Chris Bonar
Commercial Asset Advisors, 858-360-3000
David Maling
Avison Young, 213-618-3825

AVAILABILITY DETAILS

Size
49,579 SF
Price/SF
Show Pricing $
Listing ID
SA535402
Notes
Investment summary

Overview

Highlights

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.

• 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
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 Bonar, Commercial Asset Advisors