Summer Grove Apartments - Call for Offers 3/8/2024

12020 Florida Blvd, Baton Rouge, LA 70815

56,303 SF
$4,300,000

Listing Details

List Price
$4,300,000
List Price Per SF
$76.37
List Date
1/29/2024
Listing ID
30834905

Summer Grove Apartments - Call for Offers 3/8/2024

CALL FOR OFFERS 3/8/2024.

Contact Mark Segalla (225-505-4349) to schedule a tour.

Summer Grove Apartments is an 80-unit multifamily asset located on Florida Blvd in Baton Rouge, LA.

Current ownership has recently completed numerous renovations and upgrades to multiple units in addition to exterior renovations on the entire complex.

80 units are split between two, two-story buildings with shared parking and interior courtyards. Tenants utilize stairs for 2nd floor units, and all units feature rear porches or balconies to access the interior courtyard / recreation area. There is also an administration /utility building (±900 SF) adjacent to the apartment buildings.

Florida Blvd is a major thoroughfare for Baton Rouge residents and commuters and offers Summer Grove Apartments high visibility to local citizens. The central location allows tenants convenient access to many local retailers, restaurants, and grocers and quick access to Airline Hwy and Sherwood Forest Blvd for commuting. The property is 2.3 miles east of Amazon’s new regional fulfillment center and only a 6-minute drive from Interstate 12.

• Recent exterior renovations

• Ideally located on a high traffic thoroughfare

• Sixteen (16) 1 bed / 1 bath units + Sixty-four (64) 2 bed / 1 bath units

****Please call broker for more information including financials and rent roll.****

#callForOffers

Space Details

Total Available
56,303 SF
Primary Use
Multi-Family
Investment
Yes

Property Highlights

Type
 Multi-Family: Low-Rise
Size
90,992 SF, 1.02 Acres
Number of Units
80
Occupancy Type
Multi-tenant (Condos)
Number of Buildings, Floors
2 , 2
Submarket
LACDB - 42

Contact

Mark R Segalla

Elifin Realty

Keagan Finley, CCIM

Elifin Realty

Mathew J Laborde SIOR CCIM

President & CEO

Elifin Realty

BROKER

Source: LACDB

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