555 E Boyd Dr, Baton Rouge, LA 70808

Property Description

5-Unit Multifamily Investment Opportunity Near LSU This is a five-unit multifamily property located within walking distance of LSU Tiger Stadium and along the LSU bus route. The property consists of three buildings totaling approximately 5,396 square feet and offers a unique mix of traditional apartments and two-story loft-style units. Currently 100% vacant, the property provides an investor with the opportunity to complete cosmetic renovations, reposition the units, and establish new rental rates as the apartments are returned to service. Property Highlights • 5 apartment units across 3 buildings • Approximately 5,396 SF total • 100% vacant • Opportunity for cosmetic renovation and lease-up • Walking distance to LSU Tiger Stadium • Located along the LSU bus route • Mix of 1-bedroom, 2-bedroom, and loft-style apartments • Approximately 1,120 SF of ground-floor storage space Unit & Building Configuration Front Building | ±1,244 SF • Apartment A — 2 BR / 1 BA | ±800 SF • Apartment B — 1 BR / 1 BA | ±444 SF Back Left Building | ±1,912 SF • Apartment C — 1 BR / 1 BA, two-story loft | ±956 SF • Apartment D — 1 BR / 1 BA, two-story loft | ±956 SF Back Right Building | ±2,240 SF • Ground Floor — Storage | ±1,120 SF • Apartment E — 2 BR / 1 BA | ±1,120 SF With its proximity to LSU, flexible unit mix, and vacant status, 555 E Boyd Drive offers an investor the ability to renovate and lease the property without the constraints of existing tenant leases. The combination of five residential units, additional storage space, and a location convenient to the LSU campus creates an attractive value-add opportunity in the LSU-area rental market.