For Sale $475,000
Property Type Multi-Family
Units 8
Additional Rent Contact for pricing
Date Updated Oct 30, 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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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

Mark Segalla

ELIFIN®

Location

Getting Around

Walk Score ®
38/100 Car-Dependent
Bike Score ®
41/100 Somewhat Bikeable

Map
Street

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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