REO 75-Unit Apartment Complex: The Palms Apartments

5665 McClelland Dr, Baton Rouge, LA 70805

  • For Sale $2,840,000
  • Property Type Multi-Family
  • Property Size 66,884 SF
  • Units 75
  • Additional Rent Contact for pricing
  • Date Updated Dec 10, 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

broker
Mark Segalla

ELIFIN®

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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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Contact Listing Broker
broker
Mark Segalla

ELIFIN®