Multifamily Redevelopment Opportunity

For Sale

204, 218, 226 East State Street, Baton Rouge, LA 70802

This Baton Rouge property for sale is located at 204, 218, 226 East State Street. The current listed sale price for Multifamily Redevelopment Opportunity is $565,000. Multifamily Redevelopment Opportunity is situated on a lot that is 0.35 acre in size.

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Property Details

  • Property Type Multi-Family
  • Property Size 3,516 SF
  • Units 4
  • Lot Size 0.35 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 5, 2024
-This offering presents a unique opportunity to own apartments and greenspace at the popular LSU Northgate. These E State Street properties sit just a few hundred feet from LSU's campus and the popular restaurants, bars, and shops at the Northgate. The existing buildings are currently 100% occupied and poised for renovation and rent increases. The location and excess green space also present an opportunity for redevelopment, securing cash flow for many years to come. The property is already subdivided into 3 parcels. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Redevelopment opportunity with existing cash flow during hold period
  • Value add opportunity via renovation or redevelopment
  • Extremely well located at LSU Northgate
  • Excess land

Getting around

  • 68/100

    Walk Score ®

  • 65/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Shell

    0.08 miles

  • Chevron

    0.26 miles

  • Circle K

    1.25 miles

  • Tesla Supercharger 1A

    1.27 miles

  • Tesla Supercharger 1B

    1.27 miles

  • Tesla Supercharger 2A

    1.27 miles

  • Tesla Supercharger 2B

    1.27 miles

  • Tesla Supercharger 3A

    1.27 miles

  • Tesla Supercharger 3B

    1.28 miles

  • Chevron

    1.57 miles

  • Thomas Boyd Lot

    0.30 miles

  • Lot P

    0.42 miles

  • Student Union Lots

    0.48 miles

  • Lot J

    0.49 miles

  • Lot Q

    0.54 miles

  • Lot M

    0.59 miles

  • Lot L

    0.61 miles

  • Lot R

    0.67 miles

  • Parking 3A

    1.61 miles

  • East River Center Parking Garage

    1.90 miles

  • The Cook Hotel

    0.46 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    1.25 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    1.56 miles

  • La Quinta Inn Baton Rouge University Area

    1.60 miles

  • Radisson Hotel Baton Rouge

    1.61 miles

  • Belle of Baton Rouge Hotel

    1.87 miles

  • Holiday Inn Express Baton Rouge Downtown

    2.07 miles

  • WATERMARK Baton Rouge, Autograph Collection

    2.19 miles

  • Econo Lodge

    2.23 miles

  • Hotel Indigo Baton Rouge Downtown

    2.23 miles

  • Bet-R

    1.02 miles

  • Trader Joe's

    1.32 miles

  • Walmart Neighborhood Market

    1.81 miles

  • Walmart Supercenter

    1.93 miles

  • Albertsons

    2.04 miles

  • Rouses Market

    2.13 miles

  • Calandro's Supermarket

    2.40 miles

  • Walmart Supercenter

    2.47 miles

  • Walmart

    2.49 miles

  • Albertsons

    2.76 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