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Monet I, II, & III: Value-Add Multifamily Portfolio near Florida Blvd

770-888 Monet Dr, Baton Rouge, LA 70806

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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

For Sale

Investment
Multifamily

Secondary Uses: Low Rise

Sale Price
$2,305,000
Price Per SF
$47/SF
Building Size
49,000 SF
Acres
3 ac
Zoning
A4
Zoning Description
General Multi Family Residential
Pro Forma NOI
$186,035.24
Number of Buildings
3
Floors
2
Year Renovated
2025
Parking Type
Surface
Tenancy
Multiple Tenants
Nearest MSA
Baton Rouge
Property Use Type
Investment
Total Units
62
County
East Baton Rouge Parish
Listed
01/21/2026
Updated
01/21/2026
Listing ID
431eb904
Parcel APN
770418