University Grove - LSU
5726 Premier Drive, Baton Rouge, LA, 70820, US
127 units
Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in The Regent (the “Property”), a very well-positioned Class A asset with highly attractive below market assumable debt. Located in Baton Rouge, the 318-unit community with value-add potential enjoys an outstanding positioned nearby Ochsner Medical Center and Interstate-12 allowing residents to quickly move about the city and ease access to other economic drivers such as Louisiana State University, the headquarters of Turner Industries with 10,000 Baton Rouge employees, as well as other medical centers such as Lady of the Lake Medical Center and Woman’s Hospital. The Property was built by the current owner and is exceptionally well-maintained having received all new roofs and paint within the last few years. Completed in 2007, The Regent is an exceptional value add opportunity through implementing interior improvements.
COMMUNITY FEATURES:
· Swimming pool with sun deck
· 5,000 SF, 24-hour fitness center
· Playground
· Business center
· Resident lounge
· Nature trail surrounding property
· Internet café
· Outdoor living space
· Car care center
· Covered parking
· Garages
UNIT FEATURES:
· Stainless steel appliances
· Granite countertops
· Custom cabinetry
· Wainscoting in dining room
· 9’ ceilings
· Washer/dryer sets included in all units
· Brushed nickel finishes