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Published on: Wednesday, October 30, 2024
Updated on: Wednesday, October 30, 2024
About the Lister
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Name: Chris Maling
Company: Avison Young
Office Phone: +1 213.618.3824
Cell Phone: +1 213.364.7222
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  Tiger Plaza Apartments

4445 Alvin Dark Ave Baton Rouge Louisiana , 70820
4445 Alvin Dark Ave Baton Rouge Louisiana , 70820  Avison Young
Listing ID: CL-Louisiana-12621 Other/Multifamily

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 13.4
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Louisiana-12621
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1975
Building Size: 264,179.00 SqFt
Lot Size: 264,179.00 SqFt.
No of Stories: 2
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Tiger Plaza (4445 Alvin Dark Avenue - 296 units), a multifamily property in Baton Rouge, Louisiana, presents an outstanding investment and development opportunity.
Complete Details
Year Build: 1975
Building Size: 264,179 SqFt.
No of Stories: 2
Total Lot Area: 264179 SqFt.
No of Parking: N/A
No of Total Units: 296
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Tiger Plaza (4445 Alvin Dark Avenue - 296 units), a multifamily property in Baton Rouge, Louisiana, presents an outstanding investment and development opportunity. This receivership sale offers the property in as-is condition; it is in major disrepair and requires extensive renovations. The asset provides an ideal canvas for remodeling and creating attractive housing for university students and staff. Strategically located just 1.5 miles from Louisiana State University, the residences have appealing amenities, including a gym, basketball courts, sand volleyball courts, and a pool. Moreover, national credit tenants like McDonald’s, Sonic, Taco Bell, and Yogurtland, along with various local restaurants and bars, are situated within a 1.5 miles. This unique offering combines ideal location with the potential for transformative renovations, making it a compelling proposition for investors seeking to cater to the housing needs of the university community.
Additional Properties
Property Highlights
  • Ideal redevelopment and investment opportunity
  • Situated just 1.5 miles from Louisiana State University
  • Great mix of unit types that can suit a wide variety of residents
  • Numerous on-site amenities including a gym, pool, and sand volleyball courts
  • Ample parking
  • Close proximity to numerous National Credit Tenants and local restaurants and bars
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