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Florida & Gulf Coast  + Gulf Coast  + Senior Housing  |  May 20, 2022
Halstatt Real Estate Partners has sold the Legacy at Baton Rouge student housing complex near Louisiana State University in Baton Rouge, LA.
Lisa McDuffie
By: Lisa McDuffie

898-Bedroom Student Housing Near LSU Matriculates to New Ownership

Naples, FL-based Halstatt Real Estate Partners has sold The Legacy at Baton Rouge, a purpose-built student housing complex located near Louisiana State University in Baton Rouge, LA. The community features 299 units with 898 bedrooms as well as luxury amenities including a gym, study room and three resort style pools.

Halstatt partnered with Landmark Properties to acquire the property in March 2021.

“The Legacy provided an attractive opportunity to acquire a well amenitized, affordable, and purpose-built student housing community within a high-growth market,” said Peggy Lamb, principal, Halstatt Real Estate Partners. “With our rebranding and value-add program, we improved and repositioned the asset which resulted in the property being fully leased for the 2021-2022 academic year and 100% preleased for the 2022-2023 school year. 

Located just a mile and a half from LSU’s campus, The Legacy has a 1:1 bedroom to bathroom parity ratio and surrounded by dining and retail establishments.

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Inside The Story

Halstatt Real Estate Partners' Lamb

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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