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Multifamily Investment Near LSU Campus
For Sale
$495,000

1155 Jim Taylor Dr, Baton Rouge, LA 70820

Six-unit apartment building near LSU with value-add potential.

Property Size6,100 SF
Price / SF$81.15
Days on Market833

Property Features for 1155 Jim Taylor Dr

General Information

Standard status Active
Size 6,100 SF
Property subtype Multifamily
Zoning A4

Amenities

Power
Water
Sewer
Listing Agency: Momentum Commercial Real Estate
Listed By: Clayton Furr
Source: Lacdb.resimplifi
Added: Jul 8, 2024 Changed: Oct 13 Last Checked: Oct 16 at 5:55AM

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 Momentum Commercial Real Estate

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Investment Insights

Based on property information with market context.

This six-unit apartment building is located near Louisiana State University's campus. The property features five two-bedroom units and one one-bedroom unit. It presents a stable investment opportunity with multiple tenants who have been leasing for over three years. There is a strong value-add opportunity through rent growth on below-market rents. The property size is 6,100 square feet.

Key Highlights

  • Located near LSU's campus
  • Stable investment opportunity with multiple long‑term tenants (3+ years)
  • Strong value‑add opportunity through rent growth

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Pharmacy HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 70820, LA

23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building near LSU with value-add potential.
Where is this apartment building located?
The property is located at 1155 Jim Taylor Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Located near LSU's campus; Stable investment opportunity with multiple long‑term tenants (3+ years); Strong value‑add opportunity through rent growth
More about this property
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