Multi-housing / PRS

Coursey Place

13675 Coursey Blvd Baton Rouge, Louisiana United States 70817-1344
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

Other Teaser
The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Year Built 2003
Building Area
Land Area ()
Number of units 352

Property Description

STRONG PERFORMING, STABLE ASSET POISED FOR GROWTH

• Currently 97.2% occupied

• Average occupancy of 95% in 2020 with collections exceeding 99%

• 5.5% effective rent growth in East Baton Rouge submarket over past 12 months


SIGNIFICANT VALUE-ADD OPPORTUNITY

• 2003 construction with all units in original condition

• Effective in-place rents are $179 below its competitive set and $480 below new construction

• Units include 9’ ceilings on first floor units and full-size washers and dryers in all units

Investment Highlights

COMMUNITY AMENITIES

  • Resort-style swimming pool
  • Fitness center
  • Outdoor kitchen
  • Playground
  • Business center
  • Private lake & nature trail
  • Volleyball court
  • Car care center
  • Garages & reserved parking
  • Storage units

INTERIOR FINISHES

  • White appliances
  • Granite inspired countertops
  • Modern white cabinets*
  • Wood style flooring*
  • Fireplace*
  • Brushed nickel finishes
  • Patio/balcony
  • Vaulted ceilings*
  • Washer/dryer set

*In select units


Last Updated Date: 30 Mar 2021
Steven Hahn Jr.
Steven Hahn Jr.
Senior Director, Capital Markets
License details
TX-615904 OK-184952
+1 (214) 6924715
Art Barnes
Art Barnes
Director, Capital Markets
+1 (214) 4386351
Interested in this property?
Please fill out the form below

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.
+13129406848
Last Updated Date: 30 Mar 2021

Do you have any questions?  Visit our FAQ page

View FAQ Page

Trends & Insights

View More

Similar Properties

View more
View listing
Multi-housing / PRS
Aria at Rollingbrook US - Baytown, TX
View listing
Multi-housing / PRS
Life at Emerald Oaks US - Hitchcock, TX
View listing
Multi-housing / PRS
Normandy Woods US - Houston, TX
View listing
Multi-housing / PRS
Marquis Downtown Houston Lofts US - Houston, TX
View listing
Multi-housing / PRS
$94.3 Million Performing Loan Portfolio US - Various, TX
View listing
Multi-housing / PRS
Parc at 505 US - Houston, TX
View listing
Multi-housing / PRS
Lansbourough US - Houston, TX
View listing
Multi-housing / PRS
Avenue Grove US - Houston, TX
View listing
Multi-housing / PRS
Marquette at Piney Point US - Houston, TX
View listing
Multi-housing / PRS
Eclipse US - Houston, TX
View listing
Multi-housing / PRS
Amberjack Estates US - Houston, TX
View listing
Multi-housing / PRS
HFF-9410-Regent, The US - Baton Rouge, LA
View listing
Multi-housing / PRS
Place du Plantier US - Baton Rouge, LA
View listing
Multi-housing / PRS
White Rock Lake Villas US - Dallas, TX
View listing
Multi-housing / PRS
Chimney Hill US - Dallas, TX
View listing
Multi-housing / PRS
Novel Bishop Arts US - Dallas, TX
View listing
Multi-housing / PRS
the Brickyard US - Farmers Branch, TX
View listing
Multi-housing / PRS
Arbors of Carrollton US - Carrollton, TX
View listing
Multi-housing / PRS
Crown Centre (4.8 Acres) US - Lewisville, TX
View listing
Multi-housing / PRS
Bella Vida at Coyote Ridge 2021 US - Carrollton, TX
View listing
Multi-housing / PRS
Vistas on the Park US - Lewisville, TX
View listing
Multi-housing / PRS
Parkside at Round Rock US - Round Rock, TX
View listing
Multi-housing / PRS
The Remington US - Killeen, TX
View listing
Multi-housing / PRS
Aspen Heights Corpus Christi US - Corpus Christi, TX
View listing
Multi-housing / PRS
Aspen Heights Murfreesboro US - Murfreesboro, TN
View listing
Multi-housing / PRS
Fletcher Southlands US - Unincorporated, CO
View listing
Multi-housing / PRS
Loft 9 US - Denver, CO
View listing
Multi-housing / PRS
Jefferson Westshore US - Tampa, FL

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.

Learn more