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Out-of-State Investor Snags Baton Rouge Multifamily Property

Colorado-Based Monarch Investment Buys 128-Unit Chestnut Ridge Apartments
By Theresa Short
CoStar Research
July 20, 2021 | 8:24 P.M.

The 128-unit Chestnut Ridge Apartments in Baton Rouge, Louisiana, were acquired by an out-of-state investment group for $9.7 million or about $75,781 per unit. 

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