Spanish Town Apartment Complex For Sale

505 University Walk, Baton Rouge, LA

$1,278,000

Price

8,540 sqft

Building Size

0.23 acres

Lot Area

Overview
Building Size
8,540 sqft
Lot Area
0.23 acres
Occupancy
100%
Units
10
Floors
2
Parking Spots
10
Description

This quiet, downtown apartment complex sits just a few blocks from the State Capitol building in the historic Spanish Town neighborhood. The 10-unit building totals 8,540 square feet and is two stories. Eight of the units are 2 bed / 1 bath, and two units are 1 bed / 1 bath.

Street parking is available along University Walk and N 5th Street, but the property also contains a small parking lot with ±10 spaces.

The building is configured so that all units open to the interior of the property around the central courtyard. The property is fenced and gated and could easily be upgraded for secure entry.

The grounds are beautifully landscaped both to enhance the appearance of the complex, but also to add to its privacy. While on the property, the configuration and landscaping combine to bring down noise levels and create a tranquil atmosphere.

Spanish Town, established in 1805 as Baton Rouge's oldest neighborhood, reflects the colorful, changing heritage and development of Louisiana's capital. Created in 1974 by residents in order to develop, preserve, and protect the "unique character" of Spanish Town, the HSTCA has been in continuous existence, perpetuating the pulse of the neighborhood. In 1978 the HSTCA had the neighborhood designated as the "Spanish Town Historic District" and recognized on the U.S. Department of the Interior's National Register of Historic Places. In 2008 the HSTCA obtained designation as the "Spanish Town Local Historical District" along with Design Guidelines to maintain, preserve, and enhance the architectural character of the neighborhood.

Located at the corner of University Walk and N 5th St in Downtown Baton Rouge.

Highlights
  • 10 Units | 8,540 SF
  • (8) 2 Bed / 1 Bath - (2) 1 Bed / 1 Bath
  • 100% Occupied
  • Beautiful, quiet complex in Historic Spanish Town
Documents

Location
Gallery