|Building Area Net||
|Number of units||176|
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the exclusive opportunity to acquire Hooper Pointe, a multihousing community in Baton Rouge, LA. The Property currently operates as affordable housing but will be fully market-rate in 2024.
- Market-Rate Conversion Allowing for Outsized Revenue Growth
- Attractive Basis Below Replacement Costs
- Recent Management Change & Improvement in Operations
- Favorable Capital Markets Environment
- Prime Location Adjacent to Major Employers in Robust MSA