STIRLING ACQUIRES FOUR LA. APT. COMPLEXES FOR $16.8M

by admin

BATON ROUGE & LAFAYETTE, LA. — Stirling Properties has purchased four Louisiana apartment communities in separate transactions for a total of $16.8 million. In Baton Rouge, the 108-unit Coventry Terrace was purchased for $5.1 million. In Lafayette, the 92-unit Acadian Gardens was acquired for $4.2 million, the 60-unit South College Gardens was bought for $2.5 million, and the 110-unit Willow Gardens was purchased for $5 million. For all transactions the buyer was represented by Ryan Lange of Stirling's Baton Rouge office. The sellers were undisclosed.

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