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Summer Grove Apartments - Call for Offers 3/8/2024
12020 Florida Blvd Baton Rouge, LA 70815
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Overview
CALL FOR OFFERS 3/8/2024.
Contact Mark Segalla (225-505-4349) to schedule a tour.
Summer Grove Apartments is an 80-unit multifamily asset located on Florida Blvd in Baton Rouge, LA.
Current ownership has recently completed numerous renovations and upgrades to multiple units in addition to exterior renovations on the entire complex.
80 units are split between two, two-story buildings with shared parking and interior courtyards. Tenants utilize stairs for 2nd floor units, and all units feature rear porches or balconies to access the interior courtyard / recreation area. There is also an administration /utility building (±900 SF) adjacent to the apartment buildings.
Florida Blvd is a major thoroughfare for Baton Rouge residents and commuters and offers Summer Grove Apartments high visibility to local citizens. The central location allows tenants convenient access to many local retailers, restaurants, and grocers and quick access to Airline Hwy and Sherwood Forest Blvd for commuting. The property is 2.3 miles east of Amazon’s new regional fulfillment center and only a 6-minute drive from Interstate 12.
• Recent exterior renovations
• Ideally located on a high traffic thoroughfare
• Sixteen (16) 1 bed / 1 bath units + Sixty-four (64) 2 bed / 1 bath units
****Please call broker for more information including financials and rent roll.****
Links
For Sale
Multifamily
Secondary Uses: Low Rise
- Sale Price
- $2,900,000
- Price Per SF
- $51.5/SF
- Building Size
- 56,303 SF
- Acres
- 1.021 ac
- Zoning
- C2
- Max Contiguous
- 56,303
- Number of Buildings
- 2
- Floors
- 2
- Year Renovated
- 2010
- Construction Siding
- Brick
- Construction Type
- Framed
- Rentable SF
- 67,000
- Submarket
- LACDB - 42
- Nearest MSA
- Baton Rouge
- Property Status
- Existing
- County
- East Baton Rouge Parish
- Created
- 2022-05-31
- Updated
- 2025-02-10
- Listing ID
- 4cf40b14