SVN Launches Online Auction for Baton Rouge Apartment Complex

SVN Auction Services, LLC, in collaboration with SVN Gilmore Auction & Realty, has announced an online auction for a 24-unit apartment complex situated at 644 Monet Drive in Baton Rouge, Louisiana. The auction will take place from January 2 to January 7, 2026, with a starting bid of $600,000, equating to $25,000 per unit.

The apartment complex comprises six four-unit buildings, each featuring one bedroom and one bathroom. The total land area is approximately two-thirds of an acre, strategically located about two miles from the new Amazon Distribution Center and just a 15-minute drive from Downtown Baton Rouge. This location enhances the property’s appeal, especially for investors looking to capitalize on the growing demand for residential units in the area.

In a statement regarding the auction, David E. Gilmore, Managing Director of SVN Gilmore Auction & Realty, emphasized the potential of this investment opportunity. He noted, “This auction presents an excellent opportunity to purchase a Baton Rouge apartment complex with tremendous upside.” He acknowledged the timing of the auction during the holiday season, yet encouraged prospective bidders to recognize the value of this opportunity.

The auction will utilize an online platform accessible at www.SVNGilmoreAuction.com/auctions.detail.bw153147, allowing bidders to access property due diligence information 24/7. This user-friendly approach aims to facilitate better decision-making for interested parties.

SVN Auction Services boasts a robust team with over 100 years of combined experience in conducting successful auctions and sealed-bid processes across the United States. As part of SVN International, one of the largest commercial real estate firms in the country with more than 1,600 advisors, the auction team is well-equipped to guide participants through the bidding process.

For further inquiries, interested bidders can contact David E. Gilmore directly at 504.228.6606 or via email at [email protected].

This auction represents a significant opportunity for investors to acquire property in a thriving market, with the potential for substantial returns as Baton Rouge continues to develop.