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    141 Napoleon St Baton Rouge, LA 70802

    For Sale
    Contact for pricing

    26-unit Class A apartment building, 100% occupied.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Elias is a stunning, 26-unit Class A apartment building located at 141 Napoleon St, Baton Rouge, LA 70802, in the heart of downtown. Built in 2018, this four-story building boasts a total of 28,834 square feet of net rentable space and currently enjoys 100% occupancy. The property features first-class finishes throughout each of its units, setting it apart in the Baton Rouge market. Residents enjoy convenient amenities including covered and garage parking, elevator access for easy mobility, ground floor storage units for added convenience, a secure package delivery system, and a well-equipped workout room. This stabilized investment opportunity presents a compelling proposition for discerning investors seeking a high-quality, fully occupied multifamily asset in a desirable location. The building's exceptional condition, modern amenities, and prime downtown Baton Rouge address combine to create a highly attractive investment opportunity with significant potential for long-term growth and strong returns. This is a rare chance to acquire a truly exceptional property in a thriving market.

    Property Features for 141 Napoleon St

    General Information

    Property type
    Multifamily properties
    Class
    A

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    4
    Units
    26

    HighLights

    • 26‑unit Class A apartment building in downtown Baton Rouge, LA.
    • Built in 2018, totaling 28,834 square feet of net rentable space.
    • Currently 100% occupied.
    • Features first‑class finishes, covered/garage parking, elevator, ground floor storage, secure package delivery, and a fitness center.
    • Stabilized investment opportunity with strong potential for long‑term growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Elias Apartments Apartment Building Randy Self Storage ... Self-Storage Facility

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.183576
    Latitude
    30.4463251

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    FAQs

    What type of property is this?
    Multifamily property - 26-unit Class A apartment building, 100% occupied.
    Where is this multifamily property located?
    The property is located at 141 Napoleon St Baton Rouge, LA.
    What are key features of this property?
    This property features: 26-unit Class A apartment building in downtown Baton Rouge, LA.; Built in 2018, totaling 28,834 square feet of net rentable space.; Currently 100% occupied.
    Request Owner's contact information
    141 Napoleon St Baton Rouge, LA 70802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141 Napoleon St Baton Rouge, LA 70802
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