Value-Add Multifamily Opportunity just off LSU Campus

Highlights:

• Significant value-add potential
• Dedicated, off-street parking
• Located just outside of LSU Campus – Student / staff population of ±42,414
• Available as a package with neighboring properties (24 additional units, 32 units total)

Description:

1116 W Chimes St comprises 8 units.

The units are currently 62.5% occupied, allowing potential for value-add through thorough renovations and amenity upgrades. Some recent upgrades.

New TPO roof as of 2018. Major interior renovations to 4 units, minor renovations to other 4 units.

Dedicated, off-street parking for tenants.

The property is located in a subdivision just outside of LSU Campus, creating opportunity to capitalize on the student and staff population of ±42,414.

Property is located in a convenient location just ±4 minutes off of I-10, making it easily accessible for tenants and the landlord.

This property is also available as a package with two neighboring properties (24 additional units, 32 units total). Contact agent for more information.

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