Value-Add Multifamily Opportunity just off LSU Campus

1116 W Chimes St, Baton Rouge, LA 70802

  • For Sale $490,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 8
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Dec 10, 2024
721116 W Chimes St comprises 8 units. The units are currently 62.5% occupied, allowing potential for value-add through thorough renovations and amenity upgrades. Some recent upgrades. New TPO roof as of 2018. Major interior renovations to 4 units, minor renovations to other 4 units. Dedicated, off-street parking for tenants. The property is located in a subdivision just outside of LSU Campus, creating opportunity to capitalize on the student and staff population of ±42,414. Property is located in a convenient location just ±4 minutes off of I-10, making it easily accessible for tenants and the landlord. This property is also available as a package with two neighboring properties (24 additional units, 32 units total). Contact agent for more information. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” 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

  • Significant value-add potential
  • Dedicated, off-street parking
  • Located just outside of LSU Campus – Student / staff population of ±42,414
  • Available as a package with neighboring properties (24 additional units, 32 units total)

Contacts

broker
Mark Segalla

ELIFIN®

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood College Park - Magnolia Place
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.76 miles

  • Shell

    0.82 miles

  • Exxon

    1.59 miles

  • Citigo

    1.59 miles

  • RaceTrac

    1.60 miles

  • Valero

    1.65 miles

  • Texaco

    2.11 miles

  • Circle K

    2.13 miles

  • Tesla Supercharger

    2.14 miles

  • Green Park

    2.24 miles

  • Lot M

    0.40 miles

  • Lot L

    0.42 miles

  • Lot J

    0.61 miles

  • Lot P

    0.62 miles

  • Lot Q

    0.69 miles

  • Thomas Boyd Lot

    0.74 miles

  • Lot R

    0.86 miles

  • Student Union Lots

    0.92 miles

  • Parking 3A

    1.27 miles

  • Belle of Baton Rouge - Mayflower

    1.44 miles

  • The Cook Hotel

    1.27 miles

  • Staybridge Suites Baton Rouge-Univ at Southgate

    1.41 miles

  • Sonesta ES Suites

    1.47 miles

  • Magnuson Hotel Port Allen

    1.57 miles

  • Belle of Baton Rouge Hotel

    1.61 miles

  • WATERMARK Baton Rouge, Autograph Collection

    1.99 miles

  • Hotel Indigo Baton Rouge Downtown

    2.01 miles

  • Hilton Baton Rouge Capitol Center

    2.03 miles

  • Courtyard Baton Rouge Downtown

    2.06 miles

  • Rivermark Centre

    2.10 miles

  • La Salvadoreña

    0.19 miles

  • The Simple Greek

    0.47 miles

  • Newk's Eatery

    0.65 miles

  • Louie's Cafe

    0.66 miles

  • Subway

    0.68 miles

  • Wienerschnitzel

    0.72 miles

  • Valley Wings

    0.74 miles

  • Burger King

    0.74 miles

  • Little Caesars

    0.74 miles

  • Chinese Combo King

    0.75 miles

  • University Terrace Elementary School

    0.46 miles

  • Charity Christian Academy School

    0.49 miles

  • Louisiana State University

    0.84 miles

  • Polk Elementary School

    0.90 miles

  • McKinley High School

    1.04 miles

  • Buchanan Elementary School

    1.12 miles

  • Frazier Campus

    1.26 miles

  • McKinley Middle Magnet School

    1.36 miles

  • Saint Francis Xavier Catholic School

    1.49 miles

  • Foreign Language Academic Immersion Magnet

    1.55 miles

  • Unique Care Learning Center LLC

    3.10 miles

  • Southside Daycare & Early Learning Center

    3.11 miles

  • The Learning Center

    6.55 miles

  • KinderCare

    7.02 miles

  • Educational Station Children Center

    8.47 miles

  • Jayla's Learning Center

    8.60 miles

Frequently Asked Questions

How much does Value-Add Multifamily Opportunity just off LSU Campus cost?

The space currently listed for sale at Value-Add Multifamily Opportunity just off LSU Campus asks for $490,000.

What is the total square footage of Value-Add Multifamily Opportunity just off LSU Campus?

Value-Add Multifamily Opportunity just off LSU Campus totals 1 square feet.

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Contact Listing Broker
broker
Mark Segalla

ELIFIN®