E State St

    Baton Rouge, LA 70802
    • $2,250,000
    • STATUS: Active
    • ON SITE: 136 days
    • ID#: 2019019028
    UPDATED: 55 min ago
    $2,250,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,075
      SQFT
    • $172
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family

    School Ratings & Info

    School District:

    Description

    Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This portfolio contains 20 units in 4 separate buildings, with a mix of one and two bedroom units.. The tenant base is primarily students, and two of the units are currently being used as Airbnb rentals. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.

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    © 2020 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: 2020-03-28T18:31:56.01.

    Licensed in the State of Louisiana, USA.
    Patton Brantley Realty Group || 225-766-1000 || Baton Rouge, LA
    www.livebr.com/homes/100854703

    E State St Baton Rouge, LA 70802

    • Price: $2,250,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 2019019028
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    13,075
    SQFT
    $172
    $/SQFT
    Neighborhood:
    Louisiana Terrace
    County:
    East Baton Rouge
    Area:
    Ebr Mls Area 52
    School District:
    East Baton Rouge
    Property Description
    Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This portfolio contains 20 units in 4 separate buildings, with a mix of one and two bedroom units.. The tenant base is primarily students, and two of the units are currently being used as Airbnb rentals. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.
    Exterior Features

    Construction Frame Const Exterior Wood Siding Exterior Features Landscaped Fence Partial Fence Foundation Piers FoundSlab:Traditional Found Lot Dimensions Varied Parking Spaces 20

    Interior Features

    Ac Units 20 Bedrooms One 1 Bedrooms Two 2 Cooling Central Air CoolWindow Units Cool Equipment Individual Meter Floorplan Five Features Washer/Dryer Floorplan One Featurs Washer/Dryer Full Baths One 1 Full Baths Two 1 Heat Units 20 Heating Central HeatGas Heat Kitchen Features Cooktop: Gas

    Property Features

    Approximate Age 51-75 Years Association Fee None Financing Cash FinConventional Fin Individually Metered Yes Lot Number Multiple Mineral Rights Conveyed Number Units One 16 Number Units Two 4 Property Type Other Special Sale Type As Is Tenant Pays Broadband InternetCable/Sat TvElectricSewerWater Water Sewer Public SewerPublic Water

    Listing provided courtesy of Elifin Realty.© 2020 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.
    © 2020 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: 2020-03-28T18:31:56.01.

    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