For Sale

50-Unit Multifamily Complex with Below Market Rents

5515-5523 Prescott Rd, Baton Rouge, LA 70805

-The Place d’Charles apartment complex comprises 50 (1) bedroom, (1) bathroom units across 2 buildings. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $180,600. The complex is equipped with on-site laundry facilities and a large off-street parking lot. Strategically located to generate consistent tenant demand, the property is located just 1 minute from Airline Hwy and 4-8 minutes from I-110 and I-10. This property is available for purchase individually or as part of a 160+ unit portfolio. Contact broker for more information.
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Contacts

Mark Segalla

JRE Brokerage

Building Details

  • For Sale $1,300,000
  • Property Type Multi-Family
  • Property Size 22,850 SF
  • Units 50
  • Building Class B
  • Date Updated May 6, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (31)

  • Bike Score ®

    Somewhat Bikeable (40)
Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood Kean Place - Brookstown
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

Cousin's Food Mart

0.75 miles

Ben's

0.77 miles

Mike's Truck Stop

0.79 miles

RaceWay

1.02 miles

Right Way Food Mart

1.03 miles

Exxon

1.12 miles

Texaco

1.16 miles

Quick Mart

1.47 miles

Valero

1.52 miles

Insurance Building Parking

3.72 miles

Claiborne Garage

3.72 miles

State Capitol Northwest Lot

3.78 miles

Galvez Garage

3.92 miles

Parkhaus

3.94 miles

LaSalle Garage

4.09 miles

State Welcome Center Parking Garage

4.10 miles

East River Center Parking Garage

4.38 miles

West River Center Parking Garage

4.41 miles

Robo Wash

1.94 miles

Circle K

2.37 miles

Cruzin Express

2.47 miles

Enterpise

2.80 miles

Take 5

2.98 miles

Red Carpet Car Wash

4.63 miles

Washateria

4.75 miles

Shammy's Car Wash

4.78 miles

Benny's Carwash

4.86 miles

Mr. Po-Boy

0.75 miles

McDonald's

0.78 miles

Burger King

0.78 miles

KFC

0.84 miles

Mikey's Donut King

0.91 miles

Popeyes

0.95 miles

Church's

1.22 miles

Subway

1.59 miles

Gold Bowl

2.27 miles

Tony's Seafood

1.33 miles

Rouses

2.54 miles

Albertsons

3.01 miles

Red Stick Spice Co.

3.09 miles

Walmart Supercenter

3.14 miles

Calandro's Supermarket

3.17 miles

Connell's Village Shopping Center

3.74 miles

Our Daily Bread

3.85 miles

Hi Nabor Supermarket

4.10 miles

Walgreens

0.99 miles

CVS Pharmacy

1.05 miles

Baton Rouge Police Department First District

1.32 miles

LSU Health Baton Rouge North Clinic

1.38 miles

Our Lady of the Lake

1.41 miles

Baton Rouge Fire Department Station 3

1.44 miles

District 6 Fire Department Station 51

1.61 miles

LSU Health Baton Rouge MidCity Clinic

1.86 miles

Baton Rouge Fire Department Station 6

2.06 miles

5515-5523 Prescott Rd Listing Summary

  • What is the asking price at 50-Unit Multifamily Complex with Below Market Rents?

    50-Unit Multifamily Complex with Below Market Rents is currently listed for sale at Contact for pricing.

  • What is the total size of 50-Unit Multifamily Complex with Below Market Rents?

    50-Unit Multifamily Complex with Below Market Rents has a total of 22,850 square feet.

Contact Listing Broker
Mark Segalla

JRE Brokerage

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