Matthews Brokers $7.3M Sale of Apartment Community in Baton Rouge

by John Nelson

BATON ROUGE, LA. — Matthews Real Estate Investment Services has brokered the $7.3 million sale of Acadian Place Apartments, a 120-unit multifamily property located at 855 S. Flannery Road in Baton Rouge. John Solari of Matthews represented the undisclosed seller in the transaction. A private investor based in New York purchased the property. Acadian Place is situated within walking distance to Flannery Road Park, an elementary school, Shopper’s Value Food and multiple restaurants. According to, the gated property was built in 1973 and features a pool, laundry facilities, playground, clubhouse and onsite property management.

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