Tiger Plaza Apartments | 4445 Alvin Dark Ave
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Tiger Plaza Apartments 4445 Alvin Dark Ave
296 Unit Apartment Building $8,995,000 ($30,389/Unit) Baton Rouge, LA 70820
Investment Highlights
- Ideal redevelopment and investment opportunity
- Great mix of unit types that can suit a wide variety of residents
- Ample parking
- Situated just 1.5 miles from Louisiana State University
- Appealing on-site amenities
- Close proximity to numerous National Credit Tenants and local restaurants and bars
Executive Summary
Tiger Plaza (4445 Alvin Dark Avenue - 296 units), a multifamily property in Baton Rouge, Louisiana, presents an outstanding investment and development opportunity. This receivership sale offers the property in as-is condition; it is in major disrepair and requires extensive renovations. The asset provides an ideal canvas for remodeling and creating attractive housing for university students and staff. Strategically located just 1.5 miles from Louisiana State University, the residences have appealing amenities, including a gym, basketball courts, sand volleyball courts, and a pool. Moreover, national credit tenants like McDonald’s, Sonic, Taco Bell, and Yogurtland, along with various local restaurants and bars, are situated within a 1.5 miles. This unique offering combines ideal location with the potential for transformative renovations, making it a compelling proposition for investors seeking to cater to the housing needs of the university community.
Property Facts
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Recreation Room
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Playground
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Gated
- Tanning Salon
- Basketball Court
- Pet Play Area
- Renters Insurance Program
- Volleyball Court
- Storage Space
- Vision Impaired Accessible
- Individual Locking Bedrooms
- Private Bathroom
- Roommate Matching
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | - | 690 |
| 2+1 | 85 | - | 889 |
| 2+2 | 87 | - | 1,009 |
| 3+2 | 44 | - | 1,043 |
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PROPERTY TAXES
| Parcel Number | 00734934 | Improvements Assessment | $878,210 |
| Land Assessment | $110,000 | Total Assessment | $988,210 |
PROPERTY TAXES
Parcel Number
00734934
Land Assessment
$110,000
Improvements Assessment
$878,210
Total Assessment
$988,210
zoning
| Zoning Code | C1 |
| C1 |
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Tiger Plaza Apartments | 4445 Alvin Dark Ave
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