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Property profile & analytics
OFF-MARKET
Commercial real estate

438 Main St Baton Rouge, LA 70801

14,308 SF Built 2013
Property ID
US36-0699001
Property summary
AI-generated overview

This exceptional 22-unit apartment building, located at 438 Main Street in the heart of Baton Rouge, Louisiana, presents a lucrative investment opportunity. Built in 2013, this four-story, 14,308 square foot LEED-certified building offers a mix of 16 one-bedroom and 6 two-bedroom apartments, ranging from 500 to 900 square feet. Each unit features modern amenities including a full appliance package, stained concrete floors, ceramic tile, and outdoor balconies. The property also includes a convenient rental office and a community room opening onto a shared courtyard. Its prime downtown location offers residents easy access to major thoroughfares, the Mississippi River, Louisiana State University, shops, restaurants, the Farmers Market, and Matherne's Grocery. The vibrant surrounding community attracts over three million visitors annually, ensuring consistent demand and high occupancy rates. Financial details, including rent roll, income, and expense information, are available upon request. This is a rare opportunity to acquire a high-performing multifamily asset in a thriving urban environment. The property's strong location, modern amenities, and proven rental history make it an ideal investment for discerning buyers.

Property profile
Verified
Property type Commercial real estate
Year built 2013
Total area 14,308 SF
UPID US36-0699001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 438 Main Street Apartments Apartment Building Apartments
  • Insight Therapy Center Corporate Office
  • Turpinart Live Weddings Wedding Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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