Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of a 161-unit multifamily portfolio located in the Brookstown corridor of North Baton Rouge, Louisiana. The portfolio consists of four complexes — Signature One (60 units at 5617 Prescott Road), Place d'Charles (50 units at 5515–5523 Prescott Road), a 31-unit community at 4189 W Brookstown Drive, and Signature Two (20 units at 3942 W Brookstown Drive) — totaling approximately 95,115 rentable square feet. The unit mix is heavily weighted toward one-bedroom floor plans (148 one-bedroom and 13 two-bedroom units), aligning the portfolio squarely with the submarket's workforce-housing demand profile. Three of the four complexes have undergone significant renovations within the past five years, including updated unit interiors, security camera systems, and improved off-street parking. Despite these upgrades, a meaningful portion of the rent roll remains below prevailing market rates, offering an incoming investor an immediate, low-capital path to income growth through lease renewals and unit turns. Amenities across the portfolio include on-site laundry facilities and dedicated off-street parking lots, and the concentration of all four assets within a compact geographic footprint enables a single management and maintenance platform across the entire 161 units. The portfolio benefits from an exceptionally connected location: each property sits roughly one minute from Airline Highway and within four to eight minutes of both I-110 and I-10, with additional access via Plank Road. This positions residents within a short commute of the region's major employment drivers, including the ExxonMobil Baton Rouge complex, the Choctaw Drive industrial corridor, downtown Baton Rouge, and area healthcare and retail centers, supporting consistent tenant demand and stable occupancy across economic cycles.