Contacts
Matthew Shirley
Saurage Rotenberg Commercial Real Estate
(225) 907-5214
Property Details
- Property Type Multi-Family
- Property Size 28,750 SF
- Units 28
- Property Tenancy Multi-Tenant
- Date Updated Apr 15, 2024
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Highlights
- 100% Occupied, 7.0% CAP with an Assumable, Non-Recourse Loan at 3.86% Fixed through 3/31/2032
- Gated 28-Unit Complex with high-quality Tenant mix located in the Garden District, just minutes from Government Street's numerous food and beverage amenities, LSU, and City Park.
- Since 2016:
- Approx. $600,000 in Building Improvements Completed
- Approx. $60,000 in Land Improvements Completed
- Approx. $90,000 in Equipment Investment
- Excellent bookkeeping from existing ownership. All Financials will be supplied upon execution of the attached Confidentiality Agreement.
- 27 of 28 Units have been completely renovated including washer/dryer, granite counters, new flooring and cabinets, new stainless-steel appliances.
- Trash & Water/Sewer included in rent
- Twelve (12) 1 bd / 1 ba
- Sixteen (16) 2 bd / 2 ba
- Few blocks walk from the newly redeveloped Barracuda Taco stand and numerous other neighborhood bars and restaurants.
- Contact Agent for Confidenitality Agreement and All Financial Docs
Getting around
-
61/100
Walk Score ®
-
63/100
Bike Score ®
Location
- City Baton Rouge, LA
- Neighborhood Roseland Terrace - Kleinert Terrace
- Zip Code 70806
- Market Baton Rouge
Points of Interest
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Chevron
1.20 miles
-
Tesla Supercharger 3B
1.23 miles
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Tesla Supercharger 3A
1.23 miles
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Tesla Supercharger 2B
1.23 miles
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Tesla Supercharger 2A
1.24 miles
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Tesla Supercharger 1B
1.24 miles
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Tesla Supercharger 1A
1.24 miles
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Circle K
1.33 miles
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Green Park
1.58 miles
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Chevron
1.61 miles
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East River Center Parking Garage
1.53 miles
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West River Center Parking Garage
1.58 miles
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Galvez Garage
1.60 miles
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Parking 3A
1.70 miles
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Insurance Building Parking
1.76 miles
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LaSalle Garage
1.80 miles
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State Welcome Center Parking Garage
1.88 miles
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State Capitol Northwest Lot
1.93 miles
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Thomas Boyd Lot
2.00 miles
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Lot P
2.09 miles
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Alamo Plaza Motel
1.20 miles
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La Quinta Inn Baton Rouge University Area
1.24 miles
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Radisson Hotel Baton Rouge
1.33 miles
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Courtyard Baton Rouge Acadian Centre/LSU Area
1.41 miles
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Holiday Inn Express Baton Rouge Downtown
1.52 miles
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Belle of Baton Rouge Hotel
1.63 miles
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WATERMARK Baton Rouge, Autograph Collection
1.64 miles
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Courtyard by Marriott Baton Rouge Downtown
1.66 miles
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Hotel Indigo Baton Rouge Downtown
1.72 miles
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Hilton Baton Rouge Capitol Center
1.76 miles
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Calandro's Supermarket
0.89 miles
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Bet-R
1.01 miles
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Albertsons
1.32 miles
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Trader Joe's
1.32 miles
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Albertsons
1.77 miles
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Walmart Supercenter
1.79 miles
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Red Stick Spice Co.
1.86 miles
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Whole Foods Market
3.08 miles
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Walmart Neighborhood Market
3.09 miles
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Rouses Market
3.52 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Matthew Shirley
Saurage Rotenberg Commercial Real Estate
(225) 907-5214