University Grove - LSU_Property for Sale
University Grove - LSU_Property for Sale
5726 Premier Drive, Baton Rouge, LA, 70820, US

University Grove - LSU

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present University Grove (the “Property”), a 127 unit development in Baton Rouge, Louisiana. The Property is being developed by D.R. Horton, with units delivering into July 2024. University Grove is comprised of 127 three-bedroom, three-bathroom units. The Property offers residents convenient access to downtown Baton Rouge, Louisiana State University’s campus, and a variety of restaurant, retail, and entertainment locations.


UNIVERSITY OVERVIEW

Louisiana State University, established in 1860, holds the distinction of being the oldest continuously operating public university in Louisiana. Serving as the flagship institution of the Louisiana State University System, it encompasses a sprawling historic district along the Mississippi River. The campus, spanning 650 acres and comprising over 250 buildings, saw record-breaking enrollment of 39,419 students in fall 2023. LSU offers students top-ranked academic programs and elite research opportunities.


The University’s academic enterprise oversees around 800 sponsored research projects funded by prestigious agencies like the National Institute of Health, National Science Foundation, National Endowment for the Humanities, and NASA. Classified as an “R1: Doctoral University,” LSU has secured hundreds of millions of dollars in research funding, providing a total impact of $6.1billion in economic output to the state of Louisiana across University functions in 2021. Notably, its graduate schools, including the E. J. Ourso College of Business and Paul M. Hebert Law Center, have received national recognition in their respective fields.

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Attributes

Units
127 units
Year built
2024

Media

Investment highlights

  • Institutional quality community built by America's largest homebuilder, D.R. Horton.
  • Located just minutes from Louisiana State’s campus, retail options, and downtown Baton Rouge.
  • New Ownership is afforded the opportunity to bridge the $400+ per bed gap between University Grove and other three-bedroom student rents in the area.
  • Similar conventional product is leasing their three-bedroom product at a $950+ per unit premium to University Grove. 
University Grove - LSU 4_Property for Sale
University Grove - LSU 4_Property for Sale

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University Grove - LSU (0 Properties)

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Last updated
Jun 13, 2024