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Renovated 50-Unit Multifamily Asset
For Sale
Contact for pricing
Pending

5515 5523 Prescott Rd, Baton Rouge, LA 70805

Fifty units across two recently renovated two-story buildings with two parking lots and excess land for additional development.

Property SizeContact for details
Days on Market121

Property Features for 5515 5523 Prescott Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 50

Building Details

Stories 2
Tenancy Multi
Listing Agency: JRE Brokerage
Listed By: Mark Segalla · License #SALE.995699471‑ACT
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

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 JRE Brokerage

Investment Insights

Based on property information with market context.

Place d'Charles is a 50-unit multifamily asset comprised of two two-story buildings and two parking lots. The two buildings have recently been thoroughly renovated.

The property includes over two acres of excess land available to develop additional units. It may also be purchased as part of a package with two other multifamily properties for a combined total of 102 units.

Prospective buyers should review the provided financials through the deal link to evaluate income and expenses associated with the asset.

Key Highlights

  • 50‑unit multifamily asset with 2 buildings and 2 parking lots
  • Two two‑story buildings have recently been thoroughly renovated
  • Over 2 acres of excess land available to develop additional units

Property Analytics

Current Use

Place D'Charles Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Electrical Service Skin Care Clinic

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

50
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby

Demographics for 70805, LA

26,025
Population
11,502
Households
2.3
Avg Household Size
34
Median Age
11%
College-Educated
72%
High-School Grad
11.4 sq mi
ZIP Area
2,283
Density / Sq Mi
$26,301
Median Household Income
$24,287
Median Earnings
$833
Median Rent
$103,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fifty units across two recently renovated two-story buildings with two parking lots and excess land for additional development.
Where is this apartment building located?
The property is located at 5515 5523 Prescott Rd Baton Rouge, LA.
What are key features of this property?
This property features: 50‑unit multifamily asset with 2 buildings and 2 parking lots; Two two‑story buildings have recently been thoroughly renovated; Over 2 acres of excess land available to develop additional units
More about this property
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