330-Unit REO Apartment Complex: Cherry Creek Apartments

Description:

Welcome to Cherry Creek Apartments, a prominent residential community located at 1710 N Marque Ann Dr, Baton Rouge, LA 70815.

Established in 1976, this expansive property covers 13.55 acres and features an impressive 330 units across 34 buildings.

The property boasts a substantial gross and net rentable area of 303,832 SF, providing ample space and a variety of living options for its tenants.

This property is a value add opportunity as a number of units are down and in need of renovations before leasing.

The size of Cherry Creek makes it a notable choice for investors seeking to renovate portions of the property while keeping occupancy in other buildings.

Built in 1976, Cherry Creek Apartments holds a sense of established community while offering the potential for modern enhancements.

The large scale, extensive area, and potential for enhancement make it an attractive option for investors looking to make a substantial impact in the region.

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