8245 NED AVE Active Save Request In-Person Tour Request Virtual Tour
Baton Rouge,LA 70820
Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Square Footage 8,712 sqft
Price per Sqft $2
Subdivision Riverland
MLS Listing ID 2024018292
Lot Size 8,712 Sqft
Property Description
Discover a lucrative investment prospect in a high-demand rental market. This expansive lot presents the perfect canvas for developers and investors seeking to capitalize on a thriving rental community. Strategically located with convenient access to the interstate and downtown, tons of schools, and an array of shopping, dining, and entertainment options, this property offers exceptional potential for a multifamily development. The established area and growing population ensure a robust demand for rental units, providing a solid foundation for a high-yielding investment. All essential utilities are readily available, streamlining your building process and cutting up front development costs. Seller is willing to pay $2000 towards buyer closing costs with full price offer!
Location
State LA
Parish East Baton Rouge
Area Ebr Mls Area 52
Schools
School District East Baton Rouge