Value-Add 16-Unit Apartment Complex near LSU Campus

For Sale

1212 Aster St, Baton Rouge, LA 70802

This Baton Rouge property for sale is located at 1212 Aster St. The current listed sale price for Value-Add 16-Unit Apartment Complex near LSU Campus is $550,000. Value-Add 16-Unit Apartment Complex near LSU Campus is situated on a lot that is 0.28 acre in size.

Contacts

Mark Segalla

JRE Brokerage

Property Details

  • Property Type Multi-Family
  • Property Size 11,144 SF
  • Units 16
  • Lot Size 0.28 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 1, 2026
-This 16-unit multifamily complex is located just outside LSU campus, offering a value-add investment opportunity through interior renovations and lease-up. The property includes 11,144 SF across three two-story buildings on 0.279 acres. The unit mix consists of 4 studios, 8 one-bedroom / one-bath units, and 4 two-bedroom / one-bath units. Currently, 8 units are vacant and require renovations, presenting an opportunity to increase occupancy and stabilize rental income. The property also features dedicated off-street parking and common areas between the buildings. Located near LSU campus, the property benefits from proximity to student and professional tenant demand, with convenient access to I-10 approximately 4 minutes away. Zoned A4 (General Residential) and located within an Opportunity Zone.
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Attachments

Getting around

  • 55/100

    Walk Score ®

  • 73/100

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Location

  • City Baton Rouge, LA
  • Neighborhood College Park - Magnolia Place
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.73 miles

  • Shell

    0.81 miles

  • Exxon

    1.60 miles

  • Citigo

    1.61 miles

  • RaceTrac

    1.61 miles

  • Valero

    1.67 miles

  • Circle K

    2.11 miles

  • Tesla Supercharger

    2.12 miles

  • Texaco

    2.13 miles

  • Green Park

    2.20 miles

  • Lot M

    0.41 miles

  • Lot L

    0.44 miles

  • Lot J

    0.61 miles

  • Lot P

    0.62 miles

  • Lot Q

    0.71 miles

  • Thomas Boyd Lot

    0.74 miles

  • Lot R

    0.88 miles

  • Student Union Lots

    0.93 miles

  • Parking 3A

    1.23 miles

  • Belle of Baton Rouge - Mayflower

    1.40 miles

  • The Cook Hotel

    1.27 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    1.44 miles

  • Sonesta ES Suites

    1.50 miles

  • Belle of Baton Rouge Hotel

    1.57 miles

  • Magnuson Hotel Port Allen

    1.58 miles

  • WATERMARK Baton Rouge, Autograph Collection

    1.95 miles

  • Hotel Indigo Baton Rouge Downtown

    1.97 miles

  • Hilton Baton Rouge Capitol Center

    1.99 miles

  • Courtyard Baton Rouge Downtown

    2.02 miles

  • Rivermark Centre

    2.06 miles

  • Walmart Supercenter

    1.61 miles

  • Bet-R

    1.81 miles

  • SoSis Boutique

    2.05 miles

  • Trader Joe's

    2.18 miles

  • Walmart Neighborhood Market

    2.45 miles

  • Rouses Market

    2.65 miles

  • Albertsons

    2.91 miles

  • Calandro's Supermarket

    3.02 miles

  • Sprouts Farmers Market

    3.08 miles

  • Connell's Village Shopping Center

    6.05 miles

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