Signature One Apartment
For Sale
Contact for pricing
5617 Prescott Rd, Baton Rouge, LA 70805
60-unit apartment complex with value-add potential in Baton Rouge.
Property Size39,525 SF
Price / SF$50.60
Days on Market342
Property Features for 5617 Prescott Rd
General Information
Standard status
Active
Size
39,525 SF
Property subtype
Multifamily
Zoning
C1 – Light Commercial
Investment Type
Value Add
Building Details
Stories
2
Units
60
Listing Agency:
JRE Brokerage
Listed By:
Mark Segalla · License #SALE.995699471‐ACT
Source:
Crexi
Added: Sep 5, 2025
Changed: Aug 8
Last Checked: Jul 23 at 9:57AM
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.
The Signature One apartment complex features 60 units distributed across 3 buildings. The unit mix includes 53 one-bedroom, one-bathroom units and 7 two-bedroom, one-bathroom units. The property has undergone significant renovations within the last 5 years. It is equipped with camera systems and a large off-street parking lot. The location is approximately 1 minute from Airline Hwy and 4-8 minutes from I-110 and I-10, which is intended to generate consistent tenant demand. The property has a total size of 39525 square feet. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $259,604. This property is available for purchase individually or as part of a 160+ unit portfolio.
Key Highlights
- Pro forma NOI of $259,604 operating at market rates.
- Opportunity to increase rental rates on below‑market units.
- Strategically located, just 1 minute from Airline Hwy and a short drive to I‑110 and I‑10.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 60-unit apartment complex with value-add potential in Baton Rouge.
Where is this apartment building located?
The property is located at 5617 Prescott Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Pro forma NOI of $259,604 operating at market rates.; Opportunity to increase rental rates on below‑market units.; Strategically located, just 1 minute from Airline Hwy and a short drive to I‑110 and I‑10.
