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40-Unit Apartment Complex
For Sale
Contact for pricing
Pending

5500 Hwy 75, Carville, LA 70721

Every residence includes three bedrooms and two bathrooms.

Property SizeContact for details
Days on Market145

Property Features for 5500 Hwy 75

General Information

Standard status Pending
Net Rentable 36,480 SF
Property subtype Multifamily
Occupancy 90%

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 40 x 3BR/2BA
Multifamily Units 40

Building Details

Buildings 12
Listing Agency: JRE Brokerage
Listed By: Mark Segalla · License #SALE.995699471‑ACT
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Aug 31 at 9:20AM

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.

This multifamily property comprises 10 apartment buildings with 40 total units, supported by a separate office building and a storage building. Each apartment provides a three-bedroom, two-bathroom layout, and the property contains 36,480 rentable SF. Current occupancy is 90%.

The complex is located at 5500 Hwy 75 in Carville, Louisiana, near the Mississippi River. The surrounding setting is primarily residential and rural, with industrial plants situated along the river. Baton Rouge is approximately 30 minutes north, while Interstate 10 at Gonzales is approximately 15 minutes east.

Key Highlights

  • 40 units across 10 apartment buildings
  • All units feature a 3‑bedroom, 2‑bathroom layout
  • 36,480 rentable SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency Restaurant

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

40
Residential units
90%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 70721, LA

643
Population
132
Households
4.9
Avg Household Size
37
Median Age
11%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
179
Density / Sq Mi
$2,499
Median Household Income
$40,000
Median Earnings
$216,100
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 - Every residence includes three bedrooms and two bathrooms.
Where is this apartment building located?
The property is located at 5500 Hwy 75 Carville, LA.
What are key features of this property?
This property features: 40 units across 10 apartment buildings; All units feature a 3‑bedroom, 2‑bathroom layout; 36,480 rentable SF
(800) 895-9329 Call to check price and availability
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