Stadium Square

Baton Rouge, Louisiana

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Building

Stats

  • Property Type Multifamily - Low-Rise/Garden
  • Year built 1975
  • Building size (SF) 49,579
  • Size (AC) 2.1
  • Price $2,900,000

Overview

Stadium Square (4759 Earl Gros Avenue - 74 units), a multifamily property in Baton Rouge, Louisiana, presents an outstanding investment and development opportunity. This receivership sale offers the property in as-is condition; it is in major disrepair and requires extensive renovations. The asset provides an ideal canvas for remodeling and creating attractive housing for university students and staff. Strategically located just 1.5 miles from Louisiana State University, the residences have appealing amenities, including large courtyards and a pool. Moreover, national credit tenants like McDonald’s, Sonic, Taco Bell, and Yogurtland, along with various local restaurants and bars, are situated within a 1.5 miles. This unique offering combines strategic location with the potential for transformative renovations, making it a compelling proposition for investors seeking to cater to the housing needs of the university community.

Highlights

Ideal redevelopment and investment opportunity

Situated just 1.5 miles from Louisiana State University

Great mix of unit types that can suit a wide variety of residents

Appealing on-site amenities
Ample parking

Close proximity to numerous National Credit Tenants and local restaurants and bars

Receivership sale! Property is fully boarded up and requires extensive renovations

Location Map

Team

Chris Maling

Principal
Avison Young - US - CA - Los Angeles
12133647222

David Maling

Principal
Avison Young - US - CA - Los Angeles
01139115
12134531770