Apartments for Sale
For Sale
La Maison
Lake Charles, LA – 78 units
Larry G. Schedler & Associates and The Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of La Maison, a 78-unit apartment community in Lake Charles, Louisiana. Delivered in 2004 under the LIHTC program, La Maison has completed its initial 15-year compliance period and now operates in the Extended Use Period, preserving affordability through the remainder of the LURA term and supporting steady demand from income-qualified households. Ideally positioned between Baton Rouge and Houston, the asset sits in Lake Charles – the economic and cultural hub of Southwest Louisiana. The region’s economy is anchored by the Port of Lake Charles and a strong industrial, logistics and energy base, supporting steady job and population growth. A robust $800M tourism/gaming sector and a growing healthcare network further diversify the market. More than $350M in recent Downtown and Lakefront investment has transformed the area into a vibrant destination combining business opportunity with high quality of life.
Under Agreement
The Mansions at Ivy Lake
Gonzales, LA – 240 units
Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 240-unit Mansions at Ivy Lake apartment community located in Gonzales (Baton Rouge MSA), Louisiana. Built in 2008, most units retain their original finishes, presenting a prime renovation opportunity for new ownership. The property offers a favorable HUD loan assumption with over 35 years remaining at a remarkable 2.47% interest rate. Strategically located south of Baton Rouge, adjacent to I-10, the asset provides excellent access to major employment hubs, renowned for expertise in the healthcare, education and technology sectors. The suburb of Gonzales maintains a young, affluent population with an average age of 35 years old and a median household income of $100K+. In addition to job accessibility, the area boasts numerous high-quality retail centers, totaling over 4.5M SF in a 5-mile radius of the property.
For Sale
Peppermill
Lake Charles, LA – 120 units
Larry G. Schedler & Associates and The Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of Peppermill, a 120-unit apartment community in Sulphur (Lake Charles), Louisiana. Delivered in 2006 under the LIHTC program, Peppermill has completed its initial compliance period and has since been fully released from its remaining LIHTC restrictions, allowing new ownership complete flexibility to operate at unrestricted market rents. Ideally positioned between Baton Rouge and Houston, the asset sits in Lake Charles – the economic and cultural hub of Southwest Louisiana. The region’s economy is anchored by the Port of Lake Charles and a strong industrial, logistics and energy base, supporting steady job and population growth. A robust $800M tourism/gaming sector and a growing healthcare network further diversify the market. More than $350M in recent Downtown and Lakefront investment has transformed the area into a vibrant destination combining business opportunity with high quality of life.
For Sale
River House
Baton Rouge, LA – 266 units
Larry G. Schedler & Associates, Inc., Cushman & Wakefield’s Student Housing Team, and Sunbelt Multifamily Advisory Group are proud to present the exclusive listing of River House Apartments, a premier 266-unit, 322-bed community in Downtown Baton Rouge, LA. Strategically positioned within 7.1 million square feet of office space and adjacent to I-10, the property offers seamless connectivity to Baton Rouge’s key employers. Just one mile from Louisiana State University, River House was developed in two phases (2018 and 2022) and presents a rare opportunity to acquire a Class A asset with built-in value-add potential in a prime live-work-play environment.