REO 183-Unit Apartment Complex: Pine Square Apartments Listing Details & Market Data

2888 Dougherty Dr, Baton Rouge, LA 70805

  • For Sale $12,346,171
  • Property Type Multi-Family
  • Property Size 146,670 SF
  • Units 183
  • Date Updated Mar 9, 2024
-Nestled in the vibrant heart of Mid City North, Baton Rouge, Pine Square Apartments offers a unique investment opportunity. This expansive property, covering 7.14 acres, features 13 buildings with a total of 183 units, built in 1972. Its strategic location in a dynamic and growing area provides convenient access to local amenities and business hubs, making it an attractive option for residents. Pine Square stands out with its substantial size, boasting a gross building area of 146,670 SF and a net rentable area of 122,225 SF. The property is not only fully fenced and gated, ensuring privacy and security, but also includes essential amenities like a laundry facility and a leasing office on-site. These features contribute to the comfort and convenience of its residents.The property holds significant value-add potential, especially through cosmetic improvements. Investors have the opportunity to enhance the aesthetic appeal and functionality of the units, thereby increasing the property's overall value and appeal in the rental market.

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Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    Car-Dependent (37)
  • Bike Score ®

    Somewhat Bikeable (37)
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  • City Baton Rouge, LA
  • Neighborhood Fairfields - Dougherty Place
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Murphy USA

    2.44 miles

  • RaceTrac

    2.65 miles

  • ChargePoint

    3.27 miles

  • Valero

    3.38 miles

  • RaceTrac

    3.38 miles

  • Green Park

    3.44 miles

  • Chevron

    3.50 miles

  • Circle K

    3.73 miles

  • Tesla Supercharger 3B

    3.74 miles

  • Tesla Supercharger 3A

    3.74 miles

  • Bon Carre Parking

    1.74 miles

  • Parkhaus

    3.26 miles

  • Insurance Building Parking

    3.30 miles

  • Claiborne Garage

    3.40 miles

  • State Capitol Northwest Lot

    3.40 miles

  • Galvez Garage

    3.45 miles

  • LaSalle Garage

    3.64 miles

  • State Welcome Center Parking Garage

    3.66 miles

  • East River Center Parking Garage

    3.83 miles

  • West River Center Parking Garage

    3.87 miles

  • McDonald's

    1.69 miles

  • Gov't Taco

    2.07 miles

  • Raising Cane's

    2.87 miles

  • Burger King

    3.19 miles

  • Five Guys

    3.20 miles

  • Goodwood Grill

    3.21 miles

  • Fleming's Prime Steakhouse and Wine Bar

    3.25 miles

  • P.F. Chang's

    3.25 miles

  • Carrabba's Italian Grill

    3.26 miles

  • Waffle House

    3.35 miles

  • Berean Adventist Christian Academy School

    0.34 miles

  • Howell Park Elementary School

    0.48 miles

  • Winbourne Elementary School

    0.71 miles

  • Belfair Montessori Magnet School

    0.83 miles

  • Greenville Superintendent’s Academy

    0.84 miles

  • Capitol Middle School

    0.85 miles

  • Desire Street Academy School

    0.86 miles

  • Greater Mount Olive Christian Academy

    0.93 miles

  • Melrose Elementary School

    0.93 miles

  • Martin L King Jr Christian Academy School

    1.04 miles

  • Unique Care Learning Center LLC

    2.00 miles

  • Southside Daycare & Early Learning Center

    3.88 miles

  • The Learning Center

    7.24 miles

  • Creative Kids Fine Arts Academy

    9.81 miles

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349