Apartments for Sale
For Sale
Avalon
Baton Rouge, LA – 102 units
Larry G. Schedler & Associates, Inc. and The Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 102-unit Avalon apartment community located in Baton Rouge, Louisiana. Situated in the East Baton Rouge Parish, Avalon offers premier connectivity to the major job hubs of the city, including its expansive Healthcare District as well as the explosive industrial development corridor along the Mississippi River. Due to this submarket’s historically constrained multifamily pipeline, the property has advantageous positioning with zero multifamily properties currently under construction within a 5-mile radius. Coupled with the current imbalance between supply and demand, the East Baton Rouge submarket continues to see impressive growth in residents demographics, contributing to the growing appeal of the area.
For Sale
Towne Oaks
Baton Rouge, LA – 96 units
Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 96-unit Towne Oaks apartment community located in Baton Rouge, LA. Towne Oaks is strategically positioned in the affluent East Baton Rouge Parish, in close proximity to major economic drivers such as the Baton Rouge healthcare corridor, major government offices and industrial developments including the new Amazon fulfillment center. The 3.4M SF, $200M Amazon facility opened in 2024 and is expected to add roughly 1K new jobs over the next year. The area surrounding the property asserts an impressive average household income of $81K+ with an expected increase of 12.5% by 2027.
Under Agreement
Teakwood Village
Baton Rouge, LA – 134 units
Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 134-unit Teakwood Village apartment community located in Baton Rouge, LA. Situated in a thriving metro area, renowned for its prestigious healthcare network and ongoing corporate growth, the property benefits from an abundance of job opportunities, favorable demographics and growing single family housing market. The East Baton Rouge Parish is experiencing a constrained multifamily pipeline with limited future supply as there are currently zero properties under construction within a 5-mile radius of Teakwood Village. Built in 1975, with 52 renovated units (39% of the property), Teakwood Village represents an outstanding opportunity to invest in a textbook value-add asset with the potential for significant future rent growth.
Under Agreement
The Local on Severn
New Orleans / Metairie, LA – 161 units
Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 161-unit The Local on Severn apartment community located in New Orleans’ most affluent neighborhood. This asset is situated off of I-10, just before Lake Pontchartrain and adjacent to Lakeside Shopping Center, giving residents prime access to major New Orleans, Metairie, Slidell and Covington employers. With minimal supply in the area, the property is primed for future rent growth. Built in 1974 and renovated in 2018, The Local on Severn represents an outstanding opportunity to invest in a value-add opportunity in a prime location with strong submarket fundamentals.