Multifamily
Ashford Place Apartments
107 Ashford Dr, West Monroe, LA 71291
Listing Price: Request For Offer
Investment Overview
Ashford Place Apartments offers one, two, and three-bedroom units ranging from 1,092 to 1,373 square feet, each featuring a range of open floorplans and complete with ceiling fans in all living rooms and bedrooms.
Interior upgrades have been completed on 136 of 338 units, representing approximately 40 percent of the property. These upgraded units achieve an average $140 rent premium over non-renovated units, providing an immediate opportunity for a buyer to complete the renovation program across the remaining 202 units and capitalize on proven rent increases.
With its prime location, resort-style amenities, and strong tenant demand, Ashford Place Apartments presents an exceptional investment opportunity in a high-growth submarket.
Ashford Place Apartments
Investment Highlights
- $140 Rent Premiums on Renovated Units: Value-add opportunity to upgrade the remaining 202 units for strong income growth.
- Spacious 1,2 & 3- Bedroom Floorplans: Featuring open layouts, stainless steel appliances, and expansive walk-in closets.
- Resort-Style Amenities: Pool, fitness center, lighted tennis courts, and resident lounge with Wi-Fi.
- Prime Location with Excellent Connectivity: Convenient access to major shopping, dining, and top employers.
- Zoned for Top-Rated Schools: Attractive for long-term tenants and family-driven leasing demand.
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- $140 Rent Premiums on Renovated Units: Value-add opportunity to upgrade the remaining 202 units for strong income growth.
- Spacious 1,2 & 3- Bedroom Floorplans: Featuring open layouts, stainless steel appliances, and expansive walk-in closets.
- Resort-Style Amenities: Pool, fitness center, lighted tennis courts, and resident lounge with Wi-Fi.
- Prime Location with Excellent Connectivity: Convenient access to major shopping, dining, and top employers.
- Zoned for Top-Rated Schools: Attractive for long-term tenants and family-driven leasing demand.
Investment Overview
Ashford Place Apartments offers one, two, and three-bedroom units ranging from 1,092 to 1,373 square feet, each featuring a range of open floorplans and complete with ceiling fans in all living rooms and bedrooms. Interior upgrades have been completed on 136 of 338 units, representing approximately 40 percent of the property. These upgraded units achieve an average $140 rent premium over non-renovated units, providing an immediate opportunity for a buyer to complete the renovation program across the remaining 202 units and capitalize on proven rent increases. With its prime location, resort-style amenities, and strong tenant demand, Ashford Place Apartments presents an exceptional investment opportunity in a high-growth submarket.
Exclusively Listed By
Financing By
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