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(504) 715-0732
United Real Estate Partners
1635 Jade Ave, Baton Rouge, LA 70820
- $1,425,000
- List Price
- $1,425,000
- MLS#
- 2026018661
- Status
- ACTIVE
- Type
- Multifamily
- Acres
- 0.96
- Parish
- East Baton Rouge
- Region
- EBR MLS Area 53
- Subdivision
- South Highland Industrial Park
- Neighborhood
- EBR MLS Area 53
Property Description
SOUTH BATON ROUGE MULTIFAMILY PORTFOLIO 20 Units | 5 Fourplexes | $1,425,000 Portfolio Offering Commercial Property Advisors is pleased to present a 20-unit multifamily portfolio located in a high-demand South Baton Rouge rental area approximately three miles south of LSU. The offering consists of five fourplexes and is available as a complete portfolio or as individual properties. INVESTMENT HIGHLIGHTS • 20 Total Units • 94.7% Current Occupancy • $14,260 Monthly Gross Scheduled Income • $171,120 Annual Gross Scheduled Income • $1,425,000 Portfolio Asking Price • Five Fourplexes • Approximately 3 Miles South of LSU • Strong surrounding employment base supporting rental demand • Below-market rents with upside potential • Fourplex market rents avg $775–$850/month per unit • Tenants Pay All Utilities • Washer & Dryer Hookups in Every Unit • Buildings are well maintained • Most roofs approximately two years old or newer
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Additional Information
- Sewer
- Public Sewer
- Water
- Public
- Heating
- Central
- Cooling
- Central Air
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Listing courtesy of KW Commercial Baton Rouge.
IDX information is provided exclusively for consumers’ personal and non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.