50-Unit Multifamily Complex with Below Market Rents

For Sale

5515-5523 Prescott Rd, Baton Rouge, LA 70805

This Baton Rouge property for sale is located at 5515-5523 Prescott Rd. The general use of 50-Unit Multifamily Complex with Below Market Rents is multi-family and it incorporates 22,850 square feet of class B multi-family space. The current listed sale price for 50-Unit Multifamily Complex with Below Market Rents is $2,000,000.

Contacts

broker
Mark Segalla

JRE Brokerage

Property Details

  • Property Type Multi-Family
  • Property Size 22,850 SF
  • Units 50
  • Building Class B
  • Date Updated Sep 4, 2025
-The Place d’Charles apartment complex comprises 50 (1) bedroom, (1) bathroom units across 2 buildings. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $180,600. The complex is equipped with on-site laundry facilities and a large off-street parking lot. Strategically located to generate consistent tenant demand, the property is located just 1 minute from Airline Hwy and 4-8 minutes from I-110 and I-10. This property is available for purchase individually or as part of a 160+ unit portfolio. Contact broker for more information.
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Getting around

  • 31/100

    Walk Score ®

  • 40/100

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Location

  • City Baton Rouge, LA
  • Neighborhood Kean Place - Brookstown
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.67 miles

  • Cousin's Food Mart

    0.75 miles

  • Ben's

    0.77 miles

  • Mike's Truck Stop

    0.79 miles

  • RaceWay

    1.02 miles

  • Right Way Food Mart

    1.03 miles

  • Exxon

    1.12 miles

  • Texaco

    1.16 miles

  • Quick Mart

    1.47 miles

  • Valero

    1.52 miles

  • Bon Carre Parking

    2.53 miles

  • Insurance Building Parking

    3.72 miles

  • Claiborne Garage

    3.72 miles

  • State Capitol Northwest Lot

    3.78 miles

  • Galvez Garage

    3.92 miles

  • Parkhaus

    3.94 miles

  • LaSalle Garage

    4.09 miles

  • State Welcome Center Parking Garage

    4.10 miles

  • East River Center Parking Garage

    4.38 miles

  • West River Center Parking Garage

    4.41 miles

  • Paradise Inn & Suites

    0.94 miles

  • Vel Rose Motel

    1.43 miles

  • Ten Flags Inn

    1.71 miles

  • SpringHill Suites Baton Rouge North/Airport

    2.53 miles

  • Days Inn by Wyndham Baton Rouge Airport

    2.55 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    2.57 miles

  • Microtel Inn & Suites

    2.58 miles

  • Hilton Garden Inn Baton Rouge Airport

    2.59 miles

  • Alamo Plaza Motel

    2.66 miles

  • The Shades Motel

    2.68 miles

  • Hi Nabor

    1.20 miles

  • Tony's Seafood

    1.33 miles

  • Rouses

    2.54 miles

  • Albertsons

    3.01 miles

  • Red Stick Spice Co.

    3.09 miles

  • Walmart Supercenter

    3.14 miles

  • Calandro's Supermarket

    3.17 miles

  • Connell's Village Shopping Center

    3.74 miles

  • Our Daily Bread

    3.85 miles

  • Hi Nabor Supermarket

    4.10 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

JRE Brokerage

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