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

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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.

Attributes

Year Built 1972
Building Area
Land Area ()
Number of units 268

Property Description

Significant Value Enhancement Opportunity Through Interior Upgrades – A new owner is afforded the opportunity to implement an interior renovation program to reposition the property in the market and increase rents. By adding new appliances, resurfaced countertops, faux wood flooring, new cabinet hardware, upgraded lighting and plumbing package, faux wood flooring, 2” wood blinds, and washer/dryer sets in the units with connections, the Property can achieve healthy rental premiums.


Exceptional Location – Situated along Lee Dr. the Property has exceptional visibility as over 20,000 cars pass daily. The Property also enjoys convenient access to several major thoroughfares, including Interstate-10 and Interstate-12 that are just over one mile from the Property. In addition, the Property sits just blocks from Highland Rd., providing a direct flow of traffic into LSU.


Affluent Demographic Base Place du Plantier enjoys a premier location that is supported by strong demographics as the average household income within a three-mile radius is in excess of $83,800 with the average home price over $372,000.

Investment Highlights

Community Amenities

  • Two sparkling swimming pools with sun deck
  • Business center
  • Resident lounge
  • Indoor & Outdoor fitness center
  • Tennis court
  • Volleyball court
  • Basketball court
  • Pet park
  • Hammock area

Interior Amenities

  • White appliances
  • Faux wood floors*
  • Custom cabinetry
  • Brushed nickel finishes
  • Washer/dryer in unit*
  • Patio/balcony

*In select units

Last Updated Date: 24 Mar 2021
Steven Hahn Jr.
Steven Hahn Jr.
Senior Director, Capital Markets
License details
TX-615904 OK-184952
Art Barnes
Art Barnes
Director, Capital Markets

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Last Updated Date: 24 Mar 2021

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