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Indigo Park Apartments – Baton Rouge, LA

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Location:


The property is just south of Louisiana State University (LSU) and 4 miles from Downtown Baton Rouge in East Baton Rouge Parish. In addition to convenient access to major thoroughfares, the site is also located directly in the path of growth for new residential communities, including new and planned shopping and entertainment venues. www.liveatindigopark.com

Background & Strategy:


Indigo Park is a 330-unit, newly constructed apartment project completed in 2009.

The project was built to condominium specifications to maximize exit options.

Property is immediately adjacent to $300 million Riviere’ Casino complex which will generate additional demand.

Property sold to development partner in December 2012 for $41 million ($124k/unit).

Financing Summary:

Development Budget: $36 million ($109k/unit)

Equity: $6,750,000

Equity Partner: AM Development Corp – Holland

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  • Home
  • About Us
    • Overview & Functions
    • Representative Co-Investment Partners
    • The Dawson Senior Team
    • Timeline
    • The Legacy
  • Representative Projects
    • Current Representative Projects
    • Completed Representative Projects
  • Newsroom
  • Contact Us