6 Income-Producing Units in the Park Place Condominiums

For Sale

1290 Park Blvd, Baton Rouge, LA 70806

This Baton Rouge property for sale is located at 1290 Park Blvd. The current listed sale price for 6 Income-Producing Units in the Park Place Condominiums is $549,000.

Contacts

broker

Keagan Finley, CCIM

ELIFIN®

(859) 916-9354

Property Details

  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 6
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 16, 2024
128, 131, 132, 207, 230, 239Six units within Park Place Condominiums are now being offered for sale as a package. The units are currently 100% occupied. The units are immediately income producing with leases in place through May 2024. The portfolio has a Current NOI of $37,619. All utilities are covered by the complex HOA and the tenants. Tenants pay the electric bill and HOA pays water, wastewater, trash, cable tv, and internet. The complex is equipped with an electric gate and ample off-street parking.

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Highlights

  • 6 Condo units within quiet Park Place Condominiums
  • 100% Occupied
  • Current NOI of $37,619
  • All utilities covered by HOA and tenants

Getting around

  • 41/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood Shady Grove - Booker Town
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Chevron

    1.07 miles

  • Tesla Supercharger 3B

    1.21 miles

  • Tesla Supercharger 3A

    1.21 miles

  • Tesla Supercharger 2B

    1.21 miles

  • Tesla Supercharger 2A

    1.21 miles

  • Tesla Supercharger 1B

    1.21 miles

  • Tesla Supercharger 1A

    1.21 miles

  • Shell

    1.23 miles

  • Circle K

    1.28 miles

  • Chevron

    1.32 miles

  • East River Center Parking Garage

    1.20 miles

  • Parking 3A

    1.23 miles

  • West River Center Parking Garage

    1.24 miles

  • Galvez Garage

    1.47 miles

  • Thomas Boyd Lot

    1.48 miles

  • Lot P

    1.55 miles

  • Lot M

    1.60 miles

  • LaSalle Garage

    1.62 miles

  • Lot J

    1.62 miles

  • Lot L

    1.63 miles

  • Belle of Baton Rouge Hotel

    1.25 miles

  • Holiday Inn Express Baton Rouge Downtown

    1.27 miles

  • La Quinta Inn Baton Rouge University Area

    1.36 miles

  • WATERMARK Baton Rouge, Autograph Collection

    1.40 miles

  • Radisson Hotel Baton Rouge

    1.44 miles

  • Courtyard by Marriott Baton Rouge Downtown

    1.44 miles

  • Hotel Indigo Baton Rouge Downtown

    1.47 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    1.47 miles

  • The Cook Hotel

    1.50 miles

  • Hilton Baton Rouge Capitol Center

    1.51 miles

  • Bet-R

    0.87 miles

  • Trader Joe's

    1.30 miles

  • Calandro's Supermarket

    1.45 miles

  • Albertsons

    1.87 miles

  • Walmart Supercenter

    1.91 miles

  • Albertsons

    1.93 miles

  • Red Stick Spice Co.

    2.39 miles

  • Walmart Neighborhood Market

    2.80 miles

  • Walmart Supercenter

    2.98 miles

  • Walmart

    3.00 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

broker

Keagan Finley, CCIM

ELIFIN®

(859) 916-9354