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$ 5,000,000
Est. payment | /mo
40,374 SqFt
$ 5,000,000
Est. payment | /mo
40,374 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,374 sqft
Price per Sqft $123
Subdivision Not A Subdivision
MLS Listing ID 2026001590
Lot Size 2.010 Acres
Property Sub-Type Commercial
Property Description
Introducing an exceptional investment opportunity: a fully renovated 36-unit apartment complex spanning 9 well-maintained buildings. This turnkey property boasts a strong 94.4% occupancy rate, reflecting both its desirable location and recent upgrades. Each unit has been thoughtfully modernized to meet today's renter demands, offering updated interiors, quality finishes, and a clean, contemporary appeal. The exterior of the complex has also been improved, including new roofs, enhancing curb appeal and long-term durability. With consistent cash flow, high tenant retention, and minimal deferred maintenance, this asset is ideal for investors seeking stable income and long-term growth. 36 Units across 9 buildings A and D units are all 3 bedroom, 2.5 baths (1,495 sqft) B and C units are all 2 bedroom, 2.5 baths (1,248 sqft) Fully Renovated – inside & out High-Demand Location 94.4% Occupancy Rate Low Tenant Turnover Well-maintained landscaping & common areas
Location
State LA
County East Baton Rouge
Interior
Heating Central
Cooling Central Air
Exterior
Fence Partial
Utilities Available Natural Gas Not Available
Roof Type Composition
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Individual Meter Water, Public
Others
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition As Is
Listed by Borne2Sell Realty
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Dillon Thompson
Agent | License ID: 0995699842