1737 La Annie Dr Baton Rouge, LA 70815
Exceptional investment opportunity in Baton Rouge, LA. This 86-unit apartment complex, built in 1976, boasts 79,970 square feet on a 3.26-acre lot. The property features 7 buildings, a playground, and a pool. Net rentable area totals 77,970 square feet, with an asking price of $3,000,000 ($37.51/sq ft and $34,883.72/unit). The property offers significant upside potential due to ample green space allowing for the construction of an additional building, increasing unit count and value. Its strategic location adjacent to a 330-unit complex (also available for sale) presents further expansion possibilities. This multifamily property combines current income stability with substantial future growth potential, making it an attractive investment. The property is located at 1737 La Annie Dr, Baton Rouge, LA 70815.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.