Redevelopment Potential 

• Place Vendome, located at 1900 Prejean Drive in Lake Charles, presents a rare opportunity to redevelop a vacant 168-unit apartment complex in a market showing strong signs of growth and recovery. With the existing infrastructure in place and proximity to employment centers, retail, and McNeese State University, the site is well-positioned for a full-scale revitalization. Investors have a chance to transform this distressed asset into a modern multifamily community in one of Southwest Louisiana’s most strategically located submarkets.

Strategic Submarket Positioning

• Situated near Interstate 210 and major arterials, the site offers strong connectivity to both central Lake Charles and surrounding employment centers, enhancing accessibility for future tenants.