Fully Occupied Multifamily Opportunity at LSU

325 E State St, Baton Rouge, LA 70802

  • For Sale $930,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 15
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Jun 12, 2024
3-A (325 E State St) 4-A (339 E State St) 5 (345, 349 E State St)Now available for sale, this portfolio includes 3 adjacent properties at the LSU Northgates on E State St. All of the portfolio units are comprised of 1 bed / 1 bath. All 3 properties are currently 100% occupied. The properties include ample off-street parking. The portfolio currently has numerous long term tenants paying below market rate creating the opportunity to increase rents. All tenants pay their energy. Currently, the landlord covers all water / sewer. All of the units have central A/C with the exception of 1 unit. All units use on-site coin operated laundry facility. 325 E State St is a 6-plex. The interiors have been updated over the last few years and there are 3 brand new A/C units. 339 E State St is a single-family home transformed into a fourplex. 345-349 E State St is comprised of a fourplex and a single family house. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Offering Memorandum” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

  • 100% Occupied
  • 3 Adjacent properties at the LSU Northgates on E State St
  • Long term tenants paying below market rate – rent increase opportunity
  • Units are separately metered, all tenants pay energy

Contacts

broker

Mark Segalla

ELIFIN®

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable

  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood South Baton Rouge
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

  • Shell

    0.15 miles

  • Chevron

    0.27 miles

  • Circle K

    1.18 miles

  • Valero

    1.19 miles

  • Tesla Supercharger

    1.20 miles

  • Citigo

    1.29 miles

  • Exxon

    1.46 miles

  • Mobile

    1.59 miles

  • Green Park

    2.32 miles

  • ChargePoint

    3.87 miles

  • Thomas Boyd Lot

    0.39 miles

  • Lot P

    0.51 miles

  • Student Union Lots

    0.55 miles

  • Lot J

    0.57 miles

  • Lot Q

    0.62 miles

  • Lot M

    0.66 miles

  • Lot L

    0.68 miles

  • Lot R

    0.75 miles

  • Parking 3A

    1.60 miles

  • Belle of Baton Rouge - Mayflower

    1.72 miles

  • The Cook Hotel

    0.47 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    1.32 miles

  • Sonesta ES Suites

    1.35 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    1.49 miles

  • La Quinta Inn Baton Rouge University Area

    1.53 miles

  • Radisson Hotel Baton Rouge

    1.54 miles

  • Belle of Baton Rouge Hotel

    1.84 miles

  • WATERMARK Baton Rouge, Autograph Collection

    2.15 miles

  • Econo Lodge

    2.17 miles

  • Hampton Inn & Suites

    2.18 miles

  • Jack in the Box

    0.15 miles

  • Raising Cane's

    0.16 miles

  • Juicy Juicy

    0.17 miles

  • Smoothie King

    0.18 miles

  • Buffalo Wild Wings

    0.18 miles

  • Chipotle

    0.19 miles

  • Subway

    0.21 miles

  • Pita Pit

    0.22 miles

  • Kami Nari Sushi and Hibachi

    0.22 miles

  • Little Caesars

    0.23 miles

  • McKinley High School

    0.23 miles

  • Buchanan Elementary School

    0.34 miles

  • University Terrace Elementary School

    0.53 miles

  • Polk Elementary School

    0.54 miles

  • Louisiana State University

    0.69 miles

  • Charity Christian Academy School

    0.74 miles

  • McKinley Middle Magnet School

    1.01 miles

  • Trinity Episcopal Day School

    1.10 miles

  • Saint Francis Xavier Catholic School

    1.29 miles

  • Southdowns Preschool Center

    1.36 miles

  • Southside Daycare & Early Learning Center

    2.15 miles

  • Unique Care Learning Center LLC

    2.54 miles

  • The Learning Center

    5.71 miles

  • KinderCare

    6.06 miles

  • Educational Station Children Center

    7.59 miles

  • Jayla's Learning Center

    7.73 miles

Frequently Asked Questions

How much does Fully Occupied Multifamily Opportunity at LSU cost?

The space currently listed for sale at Fully Occupied Multifamily Opportunity at LSU asks for $930,000.

What is the total square footage of Fully Occupied Multifamily Opportunity at LSU?

Fully Occupied Multifamily Opportunity at LSU totals 1 square feet.

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Contact Listing Broker

broker

Mark Segalla

ELIFIN®