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8770 Elmgrove Garden Dr
Baton Rouge, LA 70807
Elm Grove Gardens · Multifamily Property For Sale
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84 Units
PROPERTY FACTS
| No. Units | 84 | Lot Size | 6.70 AC |
| Property Type | Multifamily | Building Size | 62,664 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C |
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.70 AC |
| Building Size | 62,664 SF |
| No. Stories | 2 |
| Year Built | 1968 |
ABOUT 8770 ELMGROVE GARDEN DR , BATON ROUGE, LA 70807
"The non-performing loan is secured Elm Grove Gardens, a multifamily property built in 1968 and located in Baton Rouge, Louisiana, minutes west of the Baton Rouge Airport and a short drive north of Downtown Baton Rouge (CDB). Elm Grove Gardens is an 84-unit project previously under a HAP contract covering 100% of the units. The HAP contract has been abated and this is now a market-rate property. Of the eighty-four (84) units, twenty (20) are two bedroom / one bathroom units and the remaining sixty-four (64) units are three bedroom / one bathroom units. The two-story, garden-style project is situated on 5.70 acres and is comprised of eight (8), two-story buildings. The improvements consist of wood frame construction, brick veneer exterior, and pitched, asphalt shingle roofs. Site amenities include a manager's office, laundry facility and a centralized, covered pavilion. Apartments feature a refrigerator, stove, tub/shower combination, vinyl flooring and painted sheetrock / vinyl paneling. Recent improvements include repair and replacement of sidewalks, roof work, HVAC repair and replacement and renovation of existing apartment units."
PROPERTY TAXES
| Parcel Number | 30846383 | Improvements Assessment | $672,000 |
| Land Assessment | $145,000 | Total Assessment | $817,000 |
PROPERTY TAXES
