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36-Unit Multifamily Opportunity with Assumable Note

$2,600,000

6867 Titian Ave, Baton Rouge, LA 70806

Active
Last Updated: 02/10/2025

1 sqft

Building Size

1.03 acres

Lot Area

Details:
Building Size:    1 sqft
Lot Area:    1.03 acres
Occupancy:    97%
Units:    36
Floors:    2
Highlights:
  • 97% Occupied
  • Asset has an assumable loan – Contact broker for details
  • Large parking lot wrapping around the complex
  • ±5 Minute access to Florida Blvd at Airline Hwy
Description:

6867 Titian Ave is a 36-unit apartment complex named Pelican Point.

The complex is currently 97% occupied.

Asset has an assumable loan – Contact broker for details.

The property is comprised of (6) 1 bd / 1 ba units, (22) 2 bd / 1 ba units, and (8) 3 bd / 2 ba units.

The current owner collects additional income through the laundry machines.

There is a large parking lot wrapping around three sides of the apartment building.

The property is strategically located in a growing area, just ±5 minutes from Florida Blvd at Airline Hwy and the new ±3,500,000 Amazon distribution center.

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Lots 234, 235, 236, 237

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