1629 STARBOARD DR DR, Baton Rouge, Louisiana, 70820
$1,170,000
0.78 Acres
#2026018653
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
PROPERTY FEATURES
- Water Source : Public
- Sewer : Public Sewer
- Parking Total: 32
- Cooling on Property:
- Cooling: Central Air, Multi Units
- Heating on Property:
- Heating : Electric
- Construction Materials: Brick, Frame, Wood Siding
PROPERTY DETAILS
ID: 2026018653
Status: Active
Price: $1,170,000
Acres: 0.78 Acres
Price Per Acre: $1,500,000
Type: Multi-family
Address: 1629 STARBOARD DR DR
City, State: Baton Rouge, Louisiana
County: East Baton Rouge
Zip Code: 70820
Lat/Long: 30.356833, -91.131529
NEARBY PROPERTIES AROUND EAST BATON ROUGE COUNTY
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