University Grove (LSU) — Sale in Baton Rouge, LA

  • Price: $488
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Baton Rouge, LA 70820
  • Year built: 2024

Photos

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Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present the opportunity to acquire University Grove ("UGrove" or the "Property") at Louisiana State University ("LSU" or the "University"). Newly delivered in 2024, UGrove offers 381 beds in a 3-bed / 3-bath layout across 127 detached homes. UGrove is located in the primary student housing sub-market just south of LSU's main campus in Baton Rouge. The Property was delivered in 2024 as a conventional multifamily property. Asset Living was introduced as manager in 2025, and the Property has since enjoyed two full lease ups as a student property, indicating strong demand from LSU students for the property's style and location. In-place occupancy is 97%+, and UGrove has achieved an 11.6% rent CAGR over the last 2 cycles. LSU is the #1 ranked university in the state and is consistently among the most recognized universities in the nation according to the WSJ. LSU's recognition stems from its athletic and academic excellence. Niche ranks LSU as #2 out of 1,400 schools for best college athletics in America, and the University reached a historic milestone of $488 million in annual research activity. No Power-4 university has grown faster than LSU since 2018. Greg Riera - License #: 0912124540

Market Context

This multifamily in Baton Rouge, LA is listed for sale at $488. The building dates to 2024. Compare it against other multifamily listings for sale in Baton Rouge, LA — view the full market.

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