Active
Sale
Investment
Multifamily
Low Rise
ID 431eb904
Monet I, II, & III: Value-Add Multifamily Portfolio near Florida Blvd
770-888 Monet Dr, Baton Rouge, LA 70806
For Sale
$1,675,000$34.18/SF
- Building Size
- 49,000 SF
- Lot Size
- 3 ac
- Parish
- East Baton Rouge
- Listed
- 01/21/2026
- Updated
- 04/08/2026

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Overview
This multifamily portfolio includes three adjacent complexes:
• Monet I (770 Monet Dr)
• Monet II (844–846 Monet Dr)
• Monet III (888 Monet Dr)
The properties are located 0.4 mile off Florida Boulevard at Bon Carré.
The portfolio totals 62 units across three buildings.
Monet I is 47% occupied (9 of 19 units). Monet II is 52% occupied (12 of 23 units). Monet III is comprised of 20 vacant units.
Each complex includes a dedicated parking lot and offers significant upside through lease-up and renovation strategies.
Available as a combined portfolio or for individual acquisition.
Offering Memorandum https://buildout.com/sharing/monet-apartments-portfolio?file=4049484
Links
Additional Information
- City
- Baton Rouge
- State
- LA
- Zip Code
- 70806
- Secondary Uses
- Low Rise
- Zoning
- A4
- Zoning Desc.
- General Multi Family Residential
- Pro Forma NOI
- $186,035.24
- # of Buildings
- 3
- Floors
- 2
- Year Renovated
- 2025
- Parking Type
- Surface
- Tenancy
- Multi-Tenant
- Nearest MSA
- Baton Rouge
- Property Use Type
- Investment
- Total Units
- 62
- Parcel APN
- 770418
- Listing ID
- 431eb904
- City
- Baton Rouge
- State
- LA
- Zip Code
- 70806
- Secondary Uses
- Low Rise
- Zoning
- A4
- Zoning Desc.
- General Multi Family Residential
- Pro Forma NOI
- $186,035.24
- # of Buildings
- 3
- Floors
- 2
- Year Renovated
- 2025
- Parking Type
- Surface
- Tenancy
- Multi-Tenant
- Nearest MSA
- Baton Rouge
- Property Use Type
- Investment
- Total Units
- 62
- Parcel APN
- 770418
- Listing ID
- 431eb904
