5665 McClelland Dr | Baton Rouge, LA 70805
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This Multifamily Property is no longer advertised on LoopNet.com.
5665 McClelland Dr
Baton Rouge, LA 70805
REO Sale | The Palms Apartments · Multifamily Property For Sale
·
74 Units

INVESTMENT HIGHLIGHTS
- Prime 75-unit apartment property comprising six buildings with an on-site laundry facility and an attractive courtyard over 2.72 acres in Baton Rouge.
- Sought-after value-add opportunity nearing stabilization with premium upside through lease-ups at lucrative multifamily submarket rental rates.
- Incredibly located only 12 minutes from downtown, close to popular amenities such as Walmart, Aldi, Dollar General, McDonald’s, and more.
- Beneficially encircled by a dense population with an annual spending power of nearly $1.2 billion and a daytime employment of over 101,000 employees.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 2.72 AC |
| Type of Ownership | Fee Simple | Building Size | 55,737 SF |
| No. Units | 74 | Average Occupancy | 64% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Garden | Parking Ratio | 1.79/1,000 SF |
| Building Class | C | Parcel Number | 00413623 |
| Zoning | B1 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.72 AC |
| Building Size | 55,737 SF |
| Average Occupancy | 64% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | B1 |
| Parcel Number | 00413623 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Smoke Free
- Maintenance on site
Listing ID: 35749088
Date on Market: 5/5/2025
Last Updated:
Address: 5665 McClelland Dr, Baton Rouge, LA 70805
The Mid City Baton Rouge Multifamily Property at 5665 McClelland Dr, Baton Rouge, LA 70805 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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