93% Occupied Multifamily Portfolio at LSU Northgates
$1,700,000
3250, 3270 Carlotta St, Baton Rouge, LA 70802
13,000 sqft
Building Size
14
Units
Details:
Description:
Now available for sale, 3250 and 3270 Carlotta St is a stabilized and renovated multifamily property comprising 2 buildings and 14 units.
The property is currently 93% occupied with long-term tenants paying below market rates, presenting an opportunity for income growth through rent increases.
The investment currently yields an actual Net Operating Income of $89,802.96. See pages 3-4 for full financials.
Each building has been updated and maintained, offering functional living space suitable for both student and professional tenants.
Ample off-street parking is available on-site.
Located at the LSU Northgates on E State St, the property offers excellent proximity to campus, drawing consistent demand from both academic and professional renters.
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Location
Gallery
