Apartments for Sale

Reserve at White Oak – Marketing

Baton Rouge, LA - 624 units

Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 624-unit Reserve at White Oak apartment community located in East Baton Rouge, Louisiana. This asset is situated in the affluent East Baton Rouge Parish, where average HHI within a 3-mile radius is $98K. The property is situated just off of I-12, giving residents access to major employers such as Ochsner Medical Center and Woman’s Hospital. The property has undergone $25M+ of renovations and upgrades, with the majority being complete 2018-2021. In September, Reserve at White Oak’s LIHTC restrictions expired, allowing a new owner to boost income by converting those units to market rate. Built in 1997 and fully repositioned in 2021, Reserve at White Oak represents an outstanding opportunity to invest in an asset embedded in a limited supply submarket with remaining upside and value-add blueprint in place.

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