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Monet III: 20-Unit Multifamily Redevelopment Opportunity

888 Monet Dr, Baton Rouge, LA 70806

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Overview

Monet III is a mid-renovation, vacant 20-unit multifamily complex.

Located just 0.4 mile off Florida Boulevard at Bon Carré.

The property has undergone initial improvements, including completed flooring and wall finishes. It is ready for continued renovation, with windows, doors, and appliances still needed.

Fully vacant, Monet III presents a clear value-add opportunity through repositioning and lease-up.

Available for purchase individually or as part of a larger 62-unit portfolio including Monet I and Monet II.

Offering Memorandum https://buildout.com/sharing/monet-apartments-portfolio?file=4055594

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$400,000
Price Per SF
$25/SF
Building Size
16,000 SF
Acres
1 ac
Is Vacant
Yes
Zoning
A4
Zoning Description
General Multi Family Residential
Building Name
Monet III
Number of Buildings
1
Floors
2
Parking Type
Surface
Tenancy
Multiple Tenants
Nearest MSA
Baton Rouge
Total Units
20
County
East Baton Rouge Parish
Listed
01/22/2026
Updated
01/22/2026
Listing ID
9be5a437
Parcel APN
770450