Fully Occupied Multifamily Portfolio near Health Corridor
$1,290,000
1701 Ryder Dr, 1835 Southpointe Dr, Baton Rouge, LA 70808
1 sqft
Building Size
15
Units
Details:
Description:
Now available for sale, 1701 Ryder Dr and 1835 Southpointe Dr present a stabilized and fully occupied 15-unit multifamily portfolio in Baton Rouge.
The properties are 100% occupied.
Currently yields a total Net Operating Income of $103,530 and an 8% Cap Rate.
Each unit is a 2 bed, 1.5 bath layout.
The sites include off-street parking lots with ample spaces allocated per unit.
Located just ±2 minutes from Perkins Rd at Essen Ln / Staring Ln, the properties benefit from proximity to Baton Rouge’s growing medical corridor and enjoy excellent access to I-10 (±4 minutes) and I-12 (±5 minutes).
The properties can be purchased as a portfolio or individually. Contact Broker for more information.
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Documents:
| Title | ||
|---|---|---|
| 1701_Ryder_Dr__1835_Southpointe_Dr_-_Offering_Memorandum.pdf |
Location
Gallery
