REO 183-Unit Apartment Complex: Pine Square Apartments

For Sale

2888 Dougherty Dr, Baton Rouge, LA 70805

This Baton Rouge property for sale is located at 2888 Dougherty Dr. The current listed sale price for REO 183-Unit Apartment Complex: Pine Square Apartments is $7,000,000.

Contacts

broker

Mark Segalla

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Property Size 146,670 SF
  • Units 183
  • Additional Rent Contact for pricing
  • Date Updated Oct 22, 2024
-Nestled in the vibrant heart of Mid City North, Baton Rouge, Pine Square Apartments offers a unique investment opportunity. This expansive property, covering 7.14 acres, features 13 buildings with a total of 183 units, built in 1972. Its strategic location in a dynamic and growing area provides convenient access to local amenities and business hubs, making it an attractive option for residents. Pine Square stands out with its substantial size, boasting a gross building area of 146,670 SF and a net rentable area of 122,225 SF. The property is not only fully fenced and gated, ensuring privacy and security, but also includes essential amenities like a laundry facility and a leasing office on-site. These features contribute to the comfort and convenience of its residents.The property holds significant value-add potential, especially through cosmetic improvements. Investors have the opportunity to enhance the aesthetic appeal and functionality of the units, thereby increasing the property's overall value and appeal in the rental market.

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Getting around

  • 37/100

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  • 37/100

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Location

  • City Baton Rouge, LA
  • Neighborhood Fairfields - Dougherty Place
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Exxon

    1.11 miles

  • RaceWay

    1.11 miles

  • Right Way Food Mart

    1.17 miles

  • Ben's

    1.20 miles

  • Chevron

    1.36 miles

  • Quick Mart

    1.39 miles

  • Cousin's Food Mart

    1.60 miles

  • Mike's Truck Stop

    1.62 miles

  • Max Food Mart

    1.80 miles

  • Texaco

    2.00 miles

  • Bon Carre Parking

    1.74 miles

  • Parkhaus

    3.26 miles

  • Insurance Building Parking

    3.30 miles

  • Claiborne Garage

    3.40 miles

  • State Capitol Northwest Lot

    3.40 miles

  • Galvez Garage

    3.45 miles

  • LaSalle Garage

    3.64 miles

  • State Welcome Center Parking Garage

    3.66 miles

  • East River Center Parking Garage

    3.83 miles

  • West River Center Parking Garage

    3.87 miles

  • Paradise Inn & Suites

    1.20 miles

  • Ten Flags Inn

    1.34 miles

  • Alamo Plaza Motel

    1.80 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    1.83 miles

  • The Shades Motel

    2.10 miles

  • Wood Acres Motel

    2.15 miles

  • Value Place Baton Rouge (North)

    2.21 miles

  • Vel Rose Motel

    2.34 miles

  • Residence Inn by Marriott Baton Rouge near LSU

    3.23 miles

  • Candlewood Suites Baton Rouge - College Drive

    3.29 miles

  • Hi Nabor

    1.09 miles

  • Rouses

    1.62 miles

  • Tony's Seafood

    1.96 miles

  • Albertsons

    2.10 miles

  • Red Stick Spice Co.

    2.17 miles

  • Calandro's Supermarket

    2.31 miles

  • Walmart Supercenter

    2.69 miles

  • Connell's Village Shopping Center

    3.07 miles

  • Whole Foods Market

    3.25 miles

  • Our Daily Bread

    3.33 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®