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Listed byKW Commercial Baton Rouge • David Vercher • 225-768-1800
$ 1,170,000
Est. payment /mo
Active
1629 STARBOARD DR Baton Rouge, LA 70820
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Active
Purchase Type For Sale
Subdivision South Highland Industrial Park
MLS Listing ID 2026018653
HOA Y/N No
Year Built 1984
Acres 0.78
Lot Dimensions 83.5x100
Property Sub-Type Multifamily 5+
Source ROAM MLS
Property Description
SOUTH BATON ROUGE MULTIFAMILY PORTFOLIO 16 Units | 4 Fourplexes | $1,170,000 Portfolio Offering Commercial Property Advisors is pleased to present a 16-unit multifamily portfolio located in a high-demand South Baton Rouge rental area approximately three miles south of LSU. The offering consists of four fourplexes and is available as a complete portfolio or as individual properties. INVESTMENT HIGHLIGHTS • 16 Total Units • 94.7% Current Occupancy • $11,625 Monthly Gross Scheduled Income • $139,500 Annual Gross Scheduled Income • $1,170,000 Portfolio Asking Price • Four Fourplexes • Approximately 3 Miles South of LSU • Strong surrounding employment base supporting rental demand • Below-market rents with upside potential • Fourplex market rents avg $775–$850/month per unit • Tenants Pay All Utilities • Washer & Dryer Hookups in Every Unit • Buildings are well maintained • Most roofs approximately two years old or newer
Location
State LA
County East Baton Rouge
Community South Highland Industrial Park
Area 0.78
Interior
Interior Features Solid Surface Counters
Cooling Central Air
Fireplace No
Exterior
Garage Spaces 32.0
Total Parking Spaces 32
Garage No
Building
Foundation Slab
Water Public
New Construction No
Others
Tax ID 3595994
