8-Property Single-Family Investment Portfolio – 12.29% CAP Rate

4561 E Brookstown Dr, Baton Rouge, LA 70805

  • For Sale $475,000
  • Property Type Multi-Family
  • Units 8
  • Additional Rent Contact for pricing
  • Date Updated Dec 11, 2024
-Now available for sale, this multifamily portfolio consists of 8 single-family rental properties across Baton Rouge, LA. 7 of the properties are currently occupied. Under current occupancy and rental rates, the portfolio generates a net operating income of $58,400. The portfolio features a 12.29% CAP rate, low expenses, and cash flow potential, with room for value-add opportunities at all properties. One unoccupied property, which was gutted after the 2016 flood, is primed for build out and customization. All properties are located within a ±15-minute radius of each other, providing operational convenience for management and potential rent growth in the area. No section 8, tenant responsible for all utilities, tenant responsible for most appliances including A/Cs.
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Attachments

Highlights

  • 8 single-family rental properties across Baton Rouge, LA
  • 7/8 of the properties are currently occupied – Current NOI of $58,400
  • Low expenses, cash flow potential, and room for value-add
  • Located within a ±15-minute radius

Contacts

broker
Mark Segalla

ELIFIN®

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood North Highlands
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.20 miles

  • Cousin's Food Mart

    0.34 miles

  • Mike's Truck Stop

    0.36 miles

  • Ben's

    0.46 miles

  • Texaco

    0.74 miles

  • Right Way Food Mart

    0.82 miles

  • RaceWay

    0.85 miles

  • Exxon

    0.98 miles

  • Valero

    1.40 miles

  • Shell

    1.63 miles

  • Bon Carre Parking

    2.66 miles

  • Parkhaus

    3.95 miles

  • Insurance Building Parking

    4.20 miles

  • Claiborne Garage

    4.20 miles

  • State Capitol Northwest Lot

    4.26 miles

  • Galvez Garage

    4.40 miles

  • LaSalle Garage

    4.57 miles

  • State Welcome Center Parking Garage

    4.58 miles

  • East River Center Parking Garage

    4.86 miles

  • West River Center Parking Garage

    4.89 miles

  • Paradise Inn & Suites

    0.69 miles

  • Vel Rose Motel

    1.32 miles

  • Ten Flags Inn

    1.65 miles

  • SpringHill Suites Baton Rouge North/Airport

    2.50 miles

  • Days Inn by Wyndham Baton Rouge Airport

    2.53 miles

  • Microtel Inn & Suites

    2.55 miles

  • Hilton Garden Inn Baton Rouge Airport

    2.57 miles

  • The Shades Motel

    2.66 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    2.66 miles

  • Wood Acres Motel

    2.67 miles

  • Hunt Brothers Pizza

    0.34 miles

  • Burger King

    0.40 miles

  • Mr. Po-Boy

    0.45 miles

  • McDonald's

    0.50 miles

  • KFC

    0.53 miles

  • Popeyes

    0.65 miles

  • Mikey's Donut King

    0.69 miles

  • Church's

    1.02 miles

  • Subway

    1.62 miles

  • Gold Bowl

    2.23 miles

  • Airline Christian Academy

    0.11 miles

  • Brookstown Elementary School

    0.14 miles

  • Desire Street Academy School

    0.46 miles

  • Martin L King Jr Christian Academy School

    0.65 miles

  • Merrydale Elementary School

    0.82 miles

  • Howell Park Elementary School

    0.84 miles

  • Fourth District Baptist Academy School

    0.90 miles

  • Temple Christian School

    0.99 miles

  • Baton Rouge Marine Institute Alternative School

    1.10 miles

  • Greater Mount Olive Christian Academy

    1.15 miles

  • Unique Care Learning Center LLC

    3.21 miles

  • Jayla's Learning Center

    4.54 miles

  • Educational Station Children Center

    4.58 miles

  • Southside Daycare & Early Learning Center

    5.12 miles

  • KinderCare

    6.65 miles

  • The Learning Center

    8.30 miles

Frequently Asked Questions

How much does 8-Property Single-Family Investment Portfolio – 12.29% CAP Rate cost?

The space currently listed for sale at 8-Property Single-Family Investment Portfolio – 12.29% CAP Rate asks for $475,000.

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Contact Listing Broker
broker
Mark Segalla

ELIFIN®