Login

5750 Florida Boulevard, Baton Rouge, LA 70806

Baton Rouge
Local realty services provided by:CENTURY 21 Action Realty
5750 Florida Boulevard,Baton Rouge, LA 70806
$5,800,000
  • - Beds
  • - Baths
  • 38,000 sq. ft.
  • Multi-family
  • Active
Listed by: mason mccullough, cameron griffin
Office: bridgewater realty advisors, llc.
MLS#:NO2558044
Source:LA_RAAMLS

Price summary

  • Price:$5,800,000
  • Price per sq. ft.:$152.63

About this home

River Pines Apartments is a 64-unit multifamily property located on Florida Blvd in Baton Rouge. The complex features a mix of (15) one-bedroom units and (49) two-bedroom units, offering a balanced unit mix with strong tenant demand strong historical occupancy and reliable cash flow. All major systems are maintained and market rents support further upside through light renovations. With an in place NOI of $423,071 and an 7.29% cap rate at the asking price, River Pines provides stable yield and low management intensity in a high-demand Baton Rouge submarket close to major employers, retail and transit routes. The seller has intentionally kept rental rates low to ensure high occupancy and reduce turnover. When the rents are increased to actual market value, NOI can be boosted to $520,426 or a 8.97% cap rate.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:NO2558044
  • Added:95 day(s) ago
  • Updated:August 17, 2026 at 03:36 PM

Rooms and interior

  • Living area:38,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat
  • Central air:Yes

Structure and exterior

  • Building area:38,000 sq. ft.
  • Lot area:2.75 Acres
  • Construction Materials:Block, Brick
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$5,800,000
  • Price per sq. ft.:$152.63

Parking

  • Parking description:Parking Lot

New listings near 5750 Florida Boulevard