Fully Occupied Multifamily Investment off Old Hammond Hwy

14024, 14044, 14054 Azalea Park Ave, Baton Rouge, LA 70816

  • For Sale $840,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 12
  • Lot Size 0.55 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1981
  • Date Updated Jul 29, 2024
Lots 20-A, 19-A, 18Now available for sale, 14024, 14044, and 14054 Azalea Park Ave consists of three fourplex buildings, totaling 12 units on separate parcels. The property is 100% occupied, boasting an annual gross rental income of $105,300. This opportunity is situated just off Old Hammond Hwy near Millerville Rd, providing excellent access to I-10 and proximity to major retailers like Target, Best Buy, and Starbucks. The units feature durable ceramic tile flooring, enhancing both the aesthetic and functionality. 8 units are equipped with stackable washers and dryers provided by the owner, while the remaining 4 offer side-by-side washer and dryer connections. The roofs were replaced 5 years ago and all ground-floor units are upgraded with Thermopane windows for improved energy efficiency. Each fourplex benefits from designated off-street parking. This offering represents a stable income-producing asset with potential for full occupancy in a sought-after location, making it an attractive option for investors looking to expand their portfolio in the Baton Rouge area.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 100% Occupied
  • Sought-after location with excellent access and amenities
  • Roofs were replaced 5 years ago
  • Ceramic tile throughout, washer and dryer included in most units

Contacts

broker

Perry Musgrow

ELIFIN®

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Sherwood Forest
  • Zip Code 70816
  • Market Baton Rouge

Points of Interest

  • Murphy USA

    1.61 miles

  • Shell

    3.00 miles

  • Shell

    3.17 miles

  • Costco Gasoline

    3.36 miles

  • Sam's Club

    3.82 miles

  • RaceTrac

    4.29 miles

  • Pilot Travel Center

    4.33 miles

  • Murphy USA

    4.38 miles

  • Exxon

    4.38 miles

  • RaceTrac

    4.39 miles

  • Parkhaus

    3.71 miles

  • Bon Carre Parking

    5.11 miles

  • Faculty Parking

    5.47 miles

  • Parking Garage 2

    5.59 miles

  • Parking Lot 1

    5.69 miles

  • Parking Lot 2

    5.71 miles

  • Parking Lot 4

    5.89 miles

  • Student Union Lots

    9.19 miles

  • Thomas Boyd Lot

    9.19 miles

  • Insurance Building Parking

    9.27 miles

  • La Quinta Inn & Suites by Wyndham Baton Rouge Denham Springs

    1.37 miles

  • Quality Suites Baton Rouge East - Denham Springs

    1.42 miles

  • Value Place Baton Rouge (East)

    1.88 miles

  • Super 8 by Wyndham Baton Rouge/I-12

    2.00 miles

  • Baymont by Wyndham Baton Rouge

    2.12 miles

  • Red Roof Inn Baton Rouge

    2.15 miles

  • Crossland Economy Studios - Baton Rouge - Sherwood Forest

    2.19 miles

  • Clarion Inn

    2.33 miles

  • Sleep Inn Baton Rouge East I-12

    3.03 miles

  • Microtel Inn & Suites by Wyndham Baton Rouge

    3.05 miles

  • Chili's

    0.46 miles

  • Chick-fil-A

    0.64 miles

  • Zaxby's

    0.71 miles

  • Freddy's

    0.75 miles

  • Golden Corral

    0.79 miles

  • Popeyes

    1.43 miles

  • Waffle House

    1.46 miles

  • Taco Bell

    1.50 miles

  • Rice & Roux

    1.55 miles

  • McDonald's

    1.60 miles

  • Twin Oaks Elementary School

    0.49 miles

  • Riveroaks Elementary School

    0.52 miles

  • McAuliffe Pre-GED Center

    1.21 miles

  • Wedgewood Elementary School

    1.37 miles

  • Millerville Academy School

    1.40 miles

  • Southeast Middle Magnet School

    1.53 miles

  • Labelle Aire Elementary School

    1.56 miles

  • Saint Thomas More Catholic School

    1.57 miles

  • Belaire High School

    1.67 miles

  • Episcopal High School

    1.91 miles

  • Creative Kids Fine Arts Academy

    4.73 miles

  • The Learning Center

    6.27 miles

  • ACS Montessori Preschool

    6.34 miles

  • Southside Daycare & Early Learning Center

    6.80 miles

  • Corban Early Childhood Center

    6.91 miles

  • Unique Care Learning Center LLC

    7.43 miles

  • A Childs World

    7.69 miles

  • Kid Strong

    8.04 miles

Frequently Asked Questions

How much does Fully Occupied Multifamily Investment off Old Hammond Hwy cost?

The space currently listed for sale at Fully Occupied Multifamily Investment off Old Hammond Hwy asks for $840,000.

What is the total square footage of Fully Occupied Multifamily Investment off Old Hammond Hwy?

Fully Occupied Multifamily Investment off Old Hammond Hwy totals 1 square feet.

When was this property built?

Fully Occupied Multifamily Investment off Old Hammond Hwy was built in 1981.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Perry Musgrow

ELIFIN®