For Sale $2,840,000
Property Type Multi-Family
Property Size 66,884 SF
Units 75
Additional Rent Contact for pricing
Date Updated Oct 22, 2024

-Discover The Palms Apartments, a notable residential gem located at 5665 McClelland Dr, Baton Rouge, LA 70805. This charming property, built in 1970, is situated just off Airline Highway, a major thoroughfare, offering easy access and visibility. Spread across 2.72 acres, The Palms Apartments consists of 75 units housed within 6 buildings, making it a cozy community with a welcoming atmosphere. The Palms Apartments boasts a gross building area of 66,884 SF and a net rentable area of 55,737 SF, providing spacious and comfortable living spaces for its residents. The property's proximity to Airline Highway not only ensures convenience for daily commutes but also places residents within easy reach of local amenities and services. The property is near stabilized, indicating a steady occupancy rate and consistent rental income, a key factor for investors seeking a reliable investment. Additionally, the inclusion of an onsite laundry facility adds to the convenience and desirability of the property, catering to the everyday needs of the residents.

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Contacts

Mark Segalla

ELIFIN®

Location

Getting Around

Walk Score ®
62/100 Somewhat Walkable
Bike Score ®
48/100 Somewhat Bikeable

Map
Street

City Baton Rouge, LA
Neighborhood Woodlawn - St. Gerard Place
Zip Code 70805
Market Baton Rouge

Points of Interest

Cousin's Food Mart

0.53 miles
Mike's Truck Stop

0.57 miles
Texaco

0.66 miles
Valero

0.66 miles
Chevron

0.85 miles
Shell

0.94 miles
Ben's

1.19 miles
Exxon

1.52 miles
Right Way Food Mart

1.55 miles
RaceWay

1.59 miles

Bon Carre Parking

3.37 miles
Claiborne Garage

4.20 miles
Insurance Building Parking

4.27 miles
State Capitol Northwest Lot

4.30 miles
Galvez Garage

4.51 miles
State Welcome Center Parking Garage

4.64 miles
LaSalle Garage

4.65 miles
Parkhaus

4.69 miles
East River Center Parking Garage

5.01 miles
West River Center Parking Garage

5.04 miles

Vel Rose Motel

0.58 miles
Paradise Inn & Suites

1.42 miles
SpringHill Suites Baton Rouge North/Airport

1.76 miles
Days Inn by Wyndham Baton Rouge Airport

1.79 miles
Microtel Inn & Suites

1.81 miles
Hilton Garden Inn Baton Rouge Airport

1.83 miles
Ten Flags Inn

2.39 miles
Comfort Inn & Suites Airport

2.54 miles
SureStay Plus Hotel by Best Western Baton Rouge

3.38 miles
The Shades Motel

3.40 miles

Popeyes

0.27 miles
Church's

0.32 miles
Burger King

0.46 miles
Hunt Brothers Pizza

0.53 miles
McDonald's

0.92 miles
Subway

0.92 miles
Mr. Po-Boy

1.17 miles
KFC

1.24 miles
Mikey's Donut King

1.43 miles
IHOP

1.72 miles

Claiborne Elementary School

0.51 miles
Baton Rouge Marine Institute Alternative School

0.52 miles
Merrydale Elementary School

0.79 miles
Redemptorist Catholic Diocesan High School

0.82 miles
Redemptorist Catholic Diocesan Junior High School

0.82 miles
Martin L King Jr Christian Academy School

0.83 miles
Airline Christian Academy

0.84 miles
Brookstown Elementary School

0.85 miles
Glen Oaks Middle School

0.95 miles
Saint Gerard Majella Elementary School

0.99 miles

Unique Care Learning Center LLC

3.58 miles
Jayla's Learning Center

5.18 miles
Educational Station Children Center

5.24 miles
Southside Daycare & Early Learning Center

5.69 miles
KinderCare

7.39 miles
The Learning Center

8.99 miles

Frequently Asked Questions

How much does REO 75-Unit Apartment Complex: The Palms Apartments cost?

The space currently listed for sale at REO 75-Unit Apartment Complex: The Palms Apartments asks for $2,840,000.

What is the total square footage of REO 75-Unit Apartment Complex: The Palms Apartments?

REO 75-Unit Apartment Complex: The Palms Apartments totals 66,884 square feet.

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