6869 REMBRANDT AVE, Baton Rouge, Louisiana, 70806
$600,000
8,940 Sqft
0.19 Acres
#2026013316
Shiloh Apartments presents an opportunity to acquire a 14-unit multifamily property in Baton Rouge, Louisiana (approx $43k per unit). The property consists of six (6) 2-bedroom/1-bath units and eight (8) 1-bedroom/1-bath units totaling approximately 8,970 square feet. The property is currently in a lease-up and stabilization phase, creating a strong value-add opportunity for investors seeking upside through increased occupancy and operational improvements. Recent leasing activity has already improved occupancy, with current in-place rents demonstrating continued rental demand in the area. The property offers investors the ability to add value through leasing vacant units and streamlining operations. There is a laundry room onsite that is currently not being used.
PROPERTY FEATURES
- Utilities : Natural Gas Not Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Parking Lot
- Parking Total: 16
- Road Frontage Type : City Street
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick
- Roof: Composition
PROPERTY DETAILS
ID: 2026013316
Status: Active
Price: $600,000
Acres: 0.19 Acres
Price Per Acre: $3,157,895
Type: Other
Address: 6869 REMBRANDT AVE
City, State: Baton Rouge, Louisiana
County: East Baton Rouge
Zip Code: 70806
Lat/Long: 30.458471, -91.119995
NEARBY PROPERTIES AROUND EAST BATON ROUGE COUNTY
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