SOUTH BATON ROUGE MULTIFAMILY PORTFOLIO (1635 Jade Ave)
$1,425,000
1635 Jade Avenue, Baton Rouge, LA 70810
8
Cap Rate
114,986
NOI
Details:
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
• 20Total Units
• 100% 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
• Duplex market rents avg $1,200/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
• Package sales available
Documents:
| Title | ||
|---|---|---|
| Jade Properties Brochure |
Location
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