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$ 1,170,000
Est. payment | /mo
17,184 SqFt
$ 1,170,000
Est. payment | /mo
17,184 SqFt
Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 17,184 sqft
Price per Sqft $68
Subdivision South Highland Ind Pk
MLS Listing ID 2026018653
Lot Size 0.780 Acres
Property Sub-Type Apt Complex (5+ Units)
Property Description
SOUTH BATON ROUGE MULTIFAMILY PORTFOLIO 16 Units | 4 Fourplexes | $1,170,000 Portfolio Offering Commercial Property Advisors is pleased to present a 16-unit multifamily portfolio located in a high-demand South Baton Rouge rental area approximately three miles south of LSU. The offering consists of four fourplexes and is available as a complete portfolio or as individual properties. INVESTMENT HIGHLIGHTS • 16 Total Units • 94.7% Current Occupancy • $11,625 Monthly Gross Scheduled Income • $139,500 Annual Gross Scheduled Income • $1,170,000 Portfolio Asking Price • Four 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
Location
State LA
County East Baton Rouge
Interior
Heating Electric
Cooling Central Air
Exterior
Garage Spaces 32.0
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Listed by KW Commercial Baton Rouge
GET MORE INFORMATION
Richard Spears Jr
Broker / Owner License ID: 995719165
+1(225) 575-7189 | richard@primeproperties225.com