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1635 Jade Ave, Unit #20, Baton Rouge, LA 70820

$1,425,000
  • 1635 Jade Ave, Unit #20, Baton Rouge, LA 70820 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET21,720 MLS#2026018661
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSouth Highland Ind Pk SCHOOLEast Baton Rouge

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

1635 Jade Ave, Unit #20 | MLS# 2026018661

This multi-family property located at 1635 Jade Ave, Unit #20, Baton Rouge, LA 70820 is currently listed for sale with an asking price of $1,425,000. Jade Ave, Unit #20 is located within the East Baton Rouge school district. Search Baton Rouge real estate on www.burnsandco.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Apt Complex (5+ Units)
Lot Size: 0.96 Acres
Stories: 2.0

Feature Descriptions

Area: EBR MLS Area 53
Days on Site: 4
Exterior: Brick Siding, Wood Siding, Frame
Foundation: Slab
Kitchen Features: Counters Solid Surface
Lot Dimensions: 60x140
Parking Total: 40
Sewer: Public Sewer
SQFT Total: 21720
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

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Estimate Your Payment

Estimated Payment

$ 3,587.06 per month $3,171.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $415.63 Homeowner's Insurance

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