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34-Unit Apartment Building
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1002 W University Ave, Hammond, LA 70401

Existing one- and two-bedroom units are located near Southeastern Louisiana University in Hammond.

Property SizeContact for details
Lot Size4.55 Acres
Days on Market145

Property Features for 1002 W University Ave

General Information

Standard status Active
Lot size 4.55 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 34
Listing Agency: CBRE - Baton Rouge
Listed By: Christopher Gremillion · License #LA SALE.0995683909-ACT
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Baton Rouge

Investment Insights

Based on property information with market context.

This Hammond property includes an existing 34-unit apartment complex with a mix of one-bedroom and two-bedroom residences. The improvements are situated on 4.55 acres along W. University Ave., providing a substantial land component alongside the current multifamily improvements.

The property is located 0.5 miles from Southeastern Louisiana University in Hammond, Louisiana. Its proximity to the university and existing apartment configuration establish a clear connection to the local student-oriented multifamily market. The property address is 1002 W University Ave, Hammond, LA 70401.

Key Highlights

  • Existing 34‑unit apartment complex on 4.55 acres
  • Mix of 1‑bedroom and 2‑bedroom apartment units
  • Located 0.5 miles from Southeastern Louisiana University

Property Analytics

Current Use

University Apartments Apartment Building Hot Wax Unlimited Nightclub

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Pharmacy Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 70401, LA

21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Existing one- and two-bedroom units are located near Southeastern Louisiana University in Hammond.
Where is this apartment building located?
The property is located at 1002 W University Ave Hammond, LA.
What are key features of this property?
This property features: Existing 34‑unit apartment complex on 4.55 acres; Mix of 1‑bedroom and 2‑bedroom apartment units; Located 0.5 miles from Southeastern Louisiana University
(713) 888-4045 Call to check price and availability
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