Mansions at Ivy Lake

About Mansions at Ivy Lake

The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 240-unit Mansions at Ivy Lake apartment community located in Gonzales (Baton Rouge MSA), Louisiana. Built in 2008, most units retain their original finishes, presenting a prime renovation opportunity for new ownership. The property offers a favorable HUD loan assumption with over 35 years remaining at a remarkable 2.47% interest rate. Strategically located south of Baton Rouge, adjacent to I-10, the asset provides excellent access to major employment hubs, renowned for expertise in the healthcare, education and technology sectors. The suburb of Gonzales maintains a young, affluent population with an average age of 35 years old and a median household income of $111K+. In addition to job accessibility, the area boasts numerous high-quality retail centers, totaling over 4.5M SF in a 5-mile radius of the property.