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$ 1,425,000
Est. payment | /mo
21,720 SqFt
$ 1,425,000
Est. payment | /mo
21,720 SqFt
Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 21,720 sqft
Price per Sqft $65
Subdivision South Highland Ind Pk
MLS Listing ID 2026018661
Lot Size 0.960 Acres
Property Sub-Type Apt Complex (5+ Units)
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
Location
State LA
County East Baton Rouge
Interior
Heating Central
Cooling Central Air
Exterior
Garage Spaces 40.0
Private Pool false
Building
Story 2
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