CATHOLIC PRESBYTERIAN APARTMENTS INC

What CATHOLIC PRESBYTERIAN APARTMENTS INC does

Catholic Presbyterian Apartments Inc is a 195-unit independent senior living facility located in Baton Rouge, Louisiana, founded in 1972 and serving low-income seniors aged 62 and older. The property operates under the federal HUD Section 8 subsidized housing program and is owned by 655 North Street Limited Partnership, LLP, an affiliated limited partnership entity. Tenant eligibility is income-tested against HUD limits of $30,600 for individuals and $35,000 for couples, and resident rent is set at 30% of adjusted monthly income, with the balance subsidized through the Section 8 contract.

The facility offers three apartment configurations — an efficiency unit (410 sq ft), an efficiency with dressing room, and a one-bedroom unit (550 sq ft) — delivered as physical rental housing rather than a technology or services platform. The operating footprint is small, with six total employees, and resident acquisition is conducted almost entirely through word-of-mouth referrals rather than formal marketing or sales channels. There is no disclosed digital product, software platform, or technology infrastructure underlying the operation.

The business model is a regulated affordable-housing rental model: revenue is generated from tenant-paid rent (capped at 30% of adjusted income) plus HUD Section 8 subsidy payments that bridge the gap to the property's contract rent. The economic profile is constrained by federal rent caps and statutory income limits, with limited organic levers for unit-economic growth absent property expansion or programmatic changes.

Name

CATHOLIC PRESBYTERIAN APARTMENTS INC

Legal name

Catholic Presbyterian Apartments

Website

https://cpabr.org

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Short description

Catholic Presbyterian Apartments Inc operates a 195-unit HUD Section 8 subsidized independent senior living facility in Baton Rouge, Louisiana, serving low-income residents aged 62+ through regulated income-tested rental housing owned by 655 North Street Limited Partnership, LLP.

Ownership category

akta.pro rank

Product category

Affordable Senior Living Housing

NAICS

Other Residential Care Facilities (623990)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

akta.pro secondary industries

Senior & Assisted Living Residential Property Management (BPAJAFAE), Senior Living Property Management (BPAJAGAI)

Keywords

• Senior living housing
• Subsidized housing
• HUD Section 8 housing
• Independent living apartments
• Affordable housing

Headquarters

HQ city

Baton Rouge

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Section 8 Subsidized Housing Rent: Rent is based on maximum of 30% of an applicant's adjusted monthly income. The facility is subsidized by Housing and Urban Development (HUD) under Section 8 rules and regulations. Residents pay portion of rent based on income, with remainder subsidized by HUD.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Catholic Presbyterian Apartments Inc operates a 195-unit independent senior living facility in Baton Rouge, Louisiana, providing HUD Section 8 subsidized housing to low-income seniors aged 62 and older. The property offers three apartment configurations — Efficiency Apartments, Efficiency Apartments with Dressing Room, and One Bedroom Apartments — and is owned by 655 North Street Limited Partnership, LLP. The facility was established in 1972 and operates with approximately 6 employees.

Product overview

Catholic Presbyterian Apartments is a 195-unit independent senior living facility offering three apartment types: Efficiency Apartments (410 sq. ft.), Efficiency Apartments with Dressing Rooms, and One Bedroom Apartments (550 sq. ft.). The facility operates under HUD Section 8 subsidy program and provides a comprehensive amenities package including 24-hour security, social activities, spiritual programs, library services, computer access, and meal programs through the Council on Aging. The portfolio centers on affordable independent living for seniors aged 62 and older in downtown Baton Rouge, Louisiana.

Differentiator

Problem solved

Functional benefit

Products and services

• Efficiency Apartments Standard efficiency apartment units offered as part of the 195-unit independent senior living facility in Baton Rouge, Louisiana, available to low-income seniors aged 62 and older qualifying for HUD Section 8 subsidized housing.
• Efficiency Apartments with Dressing Room Larger efficiency apartment variant with a dedicated dressing room space, offered as part of the 195-unit independent senior living facility in Baton Rouge, Louisiana, available to low-income seniors aged 62 and older qualifying for HUD Section 8 subsidized housing.
• One Bedroom Apartments One-bedroom apartment units offered as part of the 195-unit independent senior living facility in Baton Rouge, Louisiana, available to low-income seniors aged 62 and older qualifying for HUD Section 8 subsidized housing.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Housing and Urban Development (HUD)coreOthersFederal housing agency that subsidizes the facility under Section 8 rules and regulations. Sets income eligibility limits ($30,600 per individual, $35,000 for couples) and establishes regulatory framework for the housing program.

Scale indicators3 records

Recent moves2 records

Expansion highlights1 record

Direct peers

• The Evangelical Lutheran Good Samaritan Society: Large faith-affiliated nonprofit operating senior housing, independent living, assisted living, and skilled nursing nationwide. Comparable as a faith-rooted nonprofit senior housing operator serving older adults across the income spectrum.
• Father Murray Villas: Catholic-affiliated nonprofit affordable senior housing provider offering HUD-subsidized independent living. Closely comparable in faith-based identity, low-income senior focus, and HUD subsidy model.
• National Church Residences: Faith-based nonprofit that owns and operates affordable senior housing communities nationwide, frequently using HUD Section 8 and LIHTC structures. Directly comparable in operating HUD-subsidized independent living for low-income seniors.
• Presbyterian Senior Living: Faith-based nonprofit operator of senior housing and services across multiple states. Highly comparable to Catholic Presbyterian Apartments in mission, resident population (low- and moderate-income seniors), and operating model of providing independent living communities for seniors.
• Volunteers of America: National faith-affiliated nonprofit that operates affordable senior housing, including HUD-subsidized independent living properties. Closely comparable in subsidy structure, resident demographic, and nonprofit operating model.
• Catholic Charities USA: Faith-based nonprofit network that operates affordable senior housing and supportive services, including HUD-subsidized independent living facilities. Comparable in faith-rooted identity (similar to Catholic Presbyterian Apartments' name) and low-income senior resident profile.

Broad incumbents

• Holiday Retirement: One of the largest operators of independent living communities in the U.S. with a national portfolio. Comparable in product (senior independent living) but operates market-rate, for-profit communities at a much larger scale than Catholic Presbyterian Apartments.
• Atria Senior Living: Large for-profit senior living operator with a national portfolio of independent living, assisted living, and memory care communities. Comparable in resident demographic and independent living offering but serves higher-income, private-pay residents.
• Brookdale Senior Living: Largest U.S. senior living operator offering independent living, assisted living, and memory care across a national portfolio. Comparable in product category (senior independent living) but operates primarily market-rate, for-profit communities rather than HUD-subsidized housing.
• LCS (Life Care Services): Large third-party manager and operator of senior living communities, including independent living, assisted living, and CCRCs. Comparable in senior housing operations but operates primarily market-rate communities and provides fee-based management services to nonprofit and for-profit owners.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/catholic-presbyterian-apartments-inc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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