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3964 Gourrier Avenue
SOLD

Tiger Pointe Owner LLC & RG Investments Acquire Multifamily Property In Baton Rouge For $11.6M

3964 Gourrier Avenue

MultiFamily
208,652 SF
clock iconSold 1 year ago
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Summary

Sale
LOUISIANA
MultiFamily
208,652 sqft

The multifamily property located at 3964 Gourrier Ave in Baton Rouge has been sold for $11,600,000. The transaction took place on March 31, 2020. The property spans a total area of 208,652 square feet, with a price per square foot of $55. It consists of 150 units, resulting in a price per unit of $77,333. The buyer of the property is Tiger Pointe Owner LLC, represented by CLK Properties and @RGInvestments. The seller is Embassy Apartments LLC. The deal was facilitated by Gregg Cordaro from Berkadia.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,600,000
  • Market: Baton Rouge
  • Address: 3964 Gourrier Ave
  • Square Footage: 208,652
  • Price per Square Foot: $55
  • Units: 150
  • Price per Unit: $77,333

Tiger Pointe Owner LLC, in conjunction with CLK Properties and @RGInvestments, acquired this multifamily property. The seller, Embassy Apartments LLC, successfully closed the deal. Gregg Cordaro from Berkadia served as the broker in this transaction.

Players

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  • Agents

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Gregg Cordaro's profile picture
Gregg Cordaro
Berkadia-image
Managing Director
$11.6M Sold

Details

Deal Summary
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SOLD
IMAGE: Gregg Cordaro DATE: 03/31/2020 ADDRESS: 3964 Gourrier Ave MARKET: Baton Rouge ASSET TYPE: Multifamily PRICE: $11,600,000 SF: 208,652 PPSF: $55 UNITS: 150 PPU: $77,333 BUYER: Tiger Pointe Owner LLC (CLK Properties) & @RGInvestments SELLER: Embassy Apartments LLC BROKER: Gregg Cordaro - Berkadia

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Address3964 Gourrier Avenue

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