CBRE Baton Rouge is pleased to present River West Apartments of Louisiana, a 28-unit apartment community located at 2480 Commercial Dr in Port Allen, LA. River West is a prime market-rate multifamily asset that features 28 spacious 2Br/2Ba units each equipped with washer/dryer connections. This well-maintained property is free and clear of any existing debt, providing a solid foundation for investment and potential leverage. There is significant upside through strategic updates to unit finishes, allowing for the enhancement of the property’s value and higher rental rates. Additionally, the inclusion of extra lots with existing utilities presents an excellent opportunity for further development of new units. This is a unique chance to invest in a well-located asset with immediate cash flow and substantial upside potential through value-add strategies and expansion opportunities. - 96% occupied as of June 3rd, 2025 - Well-maintained, stabilized property offering the next owner a turn-key investment with significant value-add potential through the updating of units from classic finishes to more modern finishes and the development opportunity on the 2 lots in front of the property. - 2, ready to develop lots, totaling approximately 1.25 acres with utilities already built in. - 28 units, all 2Br/2Ba with 14 upstairs and 14 downstairs units. - Conveniently located less than 1 mile from Interstate 10, offering tenants easy access to major travel routes throughout Louisiana. - All units are individually metered for electricity and master metered for water & sewage. - Washer/Dryer connections in every unit. - 2 ADA, handicap accessible units which further broadens your tenant pool. - Flood Zone X - Large open floorplan style living room and kitchen. - Vinyl Plank flooring in bedrooms of 18 out of the 28 units. - Tile flooring throughout all living areas and bathrooms. - Gated community, adding an additional sense of security for tenants. - Buyer would the second owner in the history of this property. Contact Agents for any additional information or questions.