20-Unit Multifamily Opportunity just outside of LSU Campus

For Sale

2755 Nicholson Dr, Baton Rouge, LA 70802

This Baton Rouge property for sale is located at 2755 Nicholson Dr. The current listed sale price for 20-Unit Multifamily Opportunity just outside of LSU Campus is $1,300,000. 20-Unit Multifamily Opportunity just outside of LSU Campus is situated on a lot that is 0.92 acre in size.

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Property Details

  • Property Type Multi-Family
  • Property Size 14,400 SF
  • Units 20
  • Lot Size 0.92 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 9, 2024
Lots 17, 18, 19, 20, 21, 22, 23, 24, 25, 26Now available for sale, 2755 Nicholson Dr presents a strong value-add opportunity. Some units need cosmetic and maintenance while a portion of the units need total renovation. This high-visibility property receives ±15,364 in daily traffic volume. The property includes off-street parking. This property's frontage on Nicholson Dr, W Grant St, and W Garfield St offers multiple points of access. The property is located on Nicholson Dr, only 0.4 miles away from LSU Campus, presenting the opportunity to capitalize on the student and staff population of ±42,414. The property is located less than ±2 miles away from Downtown and I-10 / 1-110. This property can be packaged with 4726 Earl Gros Ave and 1155 Jim Taylor Dr, a nearby multifamily portfolio with 10 additional units (also priced at $65,000/unit).

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Highlights

  • Strong value add opportunity – portion of the units need total renovation
  • High-visibility location on Nicholson Dr, only 0.4 miles away from LSU Campus
  • Frontage on 3 roads, offering multiple points of access to the property
  • Potential for package deal with Tigerland portfolio – 10 additional units

Getting around

  • 65/100

    Walk Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood South Baton Rouge
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.57 miles

  • Shell

    0.70 miles

  • RaceTrac

    1.75 miles

  • Exxon

    1.75 miles

  • Tesla Supercharger 1B

    1.94 miles

  • Tesla Supercharger 1A

    1.94 miles

  • Tesla Supercharger 2A

    1.94 miles

  • Tesla Supercharger 2B

    1.94 miles

  • Circle K

    1.94 miles

  • Tesla Supercharger 3A

    1.94 miles

  • Lot M

    0.47 miles

  • Lot L

    0.51 miles

  • Lot P

    0.63 miles

  • Lot J

    0.65 miles

  • Thomas Boyd Lot

    0.71 miles

  • Lot Q

    0.76 miles

  • Student Union Lots

    0.94 miles

  • Lot R

    0.95 miles

  • Parking 3A

    1.06 miles

  • West River Center Parking Garage

    1.47 miles

  • The Cook Hotel

    1.20 miles

  • Belle of Baton Rouge Hotel

    1.39 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    1.56 miles

  • Holiday Inn Express Baton Rouge Downtown

    1.67 miles

  • Magnuson Hotel Port Allen

    1.71 miles

  • WATERMARK Baton Rouge, Autograph Collection

    1.76 miles

  • Hotel Indigo Baton Rouge Downtown

    1.79 miles

  • Hilton Baton Rouge Capitol Center

    1.82 miles

  • Courtyard by Marriott Baton Rouge Downtown

    1.84 miles

  • Hampton Inn & Suites Baton Rouge Downtown

    1.98 miles

  • Bet-R

    1.62 miles

  • Walmart Supercenter

    1.75 miles

  • Walmart

    1.78 miles

  • Trader Joe's

    2.00 miles

  • SoSis Boutique

    2.25 miles

  • Walmart Neighborhood Market

    2.46 miles

  • Walmart Supercenter

    2.65 miles

  • Rouses Market

    2.71 miles

  • Albertsons

    2.74 miles

  • Calandro's Supermarket

    2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349