#United States #Real Estate #Baton Rouge #SVN Auction

SVN Auctions Baton Rouge Apartment Complex

SVN Auction Services, LLC, in collaboration with SVN Gilmore Auction & Realty, is excitingly introducing an online auction for a 24-unit apartment complex located at 644 Monet Drive, Baton Rouge, Louisiana. This opportunity, opening for bids from January 2nd to January 7th, invites interested buyers to participate in a potentially lucrative investment venture.

The auction platform enables bidders full 24/7 access to pertinent property due diligence information, ensuring transparency and facilitating informed decisions. The starting bid for this complex is set at $600,000, translating to $25,000 per unit. Each of the six buildings houses four units, featuring one bedroom and one bath, all situated on approximately two-thirds of an acre of land.

Located merely two miles from the new Amazon Distribution Center and a 15-minute drive from downtown Baton Rouge, this apartment complex is ideally positioned for growth. As noted by David E. Gilmore, Managing Director of SVN Gilmore Auction Realty, this auction presents an exceptional opportunity for potential investors, emphasizing the property’s considerable upside.

Gilmore recognizes that holding the auction during the holiday season might deter some bidders. However, he believes that astute participants will seize this chance to capitalize on the property’s promising future. The SVN Auction Services team brings together over 100 years of experience in conducting successful auctions, leveraging their affiliation with one of the nation’s premier commercial real estate companies.

As the bidding process approaches, potential buyers are encouraged to familiarize themselves with the auction details and consider the strategic investment value this property may offer. With the robust growth around Baton Rouge and the city's ongoing development, acquiring this apartment complex could undoubtedly prove to be a wise financial decision.

Interested bidders can access the auction information and property details at the following website: SVN Gilmore Auction. This platform allows for comprehensive research and inquiry into the property before making a bid.

This auction reflects the continued trajectory of growth and opportunity in Baton Rouge's real estate market, encouraging both local and out-of-state investors to explore their options.

Stay tuned for the commencement of the bidding on January 2, and prepare to take a step toward owning a piece of Baton Rouge’s vibrant community.