BEDS0
BATHS
SQUARE FEET17,184
MLS#2026018653
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSouth Highland Ind Pk
SCHOOLEast Baton Rouge
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
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Home Style: Apt Complex (5+ Units)
Lot Size: 0.78 Acres
Feature Descriptions
Area: EBR MLS Area 52
Days on Site: 3
Exterior: Brick Siding, Wood Siding, Frame
Foundation: Slab
Kitchen Features: Counters Solid Surface
Lot Dimensions: 83.5x100
Parking Total: 32
Sewer: Public Sewer
SQFT Total: 17184
Water: Public
Local Schools
School District: East Baton Rouge
Listed By / Shown By
Listed By
Agency Name: KW Commercial Baton Rouge
Agency Phone: 225-768-1800
Shown By
Agency Title: Burns & Co., Inc. REALTORS®
Agency Phone: (800) 375-0608
Estimate Your Payment
Estimated Payment
$ 2,945.16 per month $2,603.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $341.25 Homeowner's Insurance
1629 Starboard Dr, Unit #16 | MLS# 2026018653
This multi-family property located at 1629 Starboard Dr, Unit #16, Baton Rouge, LA 70820 is currently listed for sale with an asking price of $1,170,000. Starboard Dr, Unit #16 is located within the East Baton Rouge school district. Search Baton Rouge real estate on www.burnsandco.com today.