Brightside View Dr

    Baton Rouge, LA 70820
    • $2,620,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 2019012829
    UPDATED: 72 min ago
    $2,620,000
    • 0
      BEDS
    • 1.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,237
      SQFT
    • $96
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family

    School Ratings & Info

    School District:

    Description

    This portfolio of apartments totaling 20 units is comprised of 60 bedrooms and boasts consistent, immediate cash flow. The property is located just minutes from Louisiana State University and has historically achieved high occupancy with a tenant base primarily made of LSU students. Consisting of seven duplexes, one fourplex, and two condominium units on Brightside View Drive, this portfolio has little to no deferred maintenance and would be an incredible opportunity for an investor looking to generate profit with minimal upfront work. The portfolio has a diversified unit mix ranging from two-bedroom to four-bedroom units to appeal to any tenant's needs. Please view our Marketing Brochure for more information. - 20 Units / 60 Bedrooms - 8.21% 2018 Actual Cap Rate - Little to no deferred maintenance - Less than 2 miles south of LSU - Tenants pay all utilities

    Monthly Payment Calculator

    © 2019 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Patton Brantley Realty Group. Data last updated: 2019-08-21T15:32:02.873.

    Licensed in the State of Louisiana, USA.
    Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
    www.livebr.com/homes/97277860

    Brightside View Dr Baton Rouge, LA 70820

    • Price: $2,620,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 2019012829
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.43
    Acres
    27,237
    SQFT
    $96
    $/SQFT
    Neighborhood:
    Brightside Park
    County:
    East Baton Rouge
    Area:
    Ebr Mls Area 52
    School District:
    East Baton Rouge
    Property Description
    This portfolio of apartments totaling 20 units is comprised of 60 bedrooms and boasts consistent, immediate cash flow. The property is located just minutes from Louisiana State University and has historically achieved high occupancy with a tenant base primarily made of LSU students. Consisting of seven duplexes, one fourplex, and two condominium units on Brightside View Drive, this portfolio has little to no deferred maintenance and would be an incredible opportunity for an investor looking to generate profit with minimal upfront work. The portfolio has a diversified unit mix ranging from two-bedroom to four-bedroom units to appeal to any tenant's needs. Please view our Marketing Brochure for more information. - 20 Units / 60 Bedrooms - 8.21% 2018 Actual Cap Rate - Little to no deferred maintenance - Less than 2 miles south of LSU - Tenants pay all utilities
    Exterior Features

    Construction Brick Const Exterior Brick SidingVinyl Siding Foundation Slab:Traditional Found Lot Dimensions Multiple Lots Parking Spaces 40

    Interior Features

    Ac Units 20 Bedrooms Four 4 Bedrooms Four1 3 Bedrooms One 2 Bedrooms Three 3 Bedrooms Two 2 Cooling Central Air Cool Full Baths Five 3 Full Baths Four 4 Full Baths One 2 Full Baths Three 2 Full Baths Two 2 Heat Units 20 Heating Central Heat Kitchen Features Cooktop: GasDishwasherMicrowaveRange/OvenRefrigerator

    Property Features

    Approximate Age 11-15 Years Association Fee None Financing Conventional Fin Individually Metered No Lot Number Multiple Mineral Rights Conveyed Number Units Five 2 Number Units Four 8 Number Units One 4 Number Units Three 2 Number Units Two 4 Property Type Other Special Sale Type N/A Water Sewer Public SewerPublic Water

    Listing provided courtesy of Elifin Realty.© 2019 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.
    © 2019 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Patton Brantley Realty Group. Data last updated: 2019-08-21T15:32:02.873.

    Licensed in the State of Louisiana, USA.
    Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
     
    Patton Brantley Realty Group
    10202 Jefferson Hwy. Unit C
    Baton Rouge LA, 70809