Mid City Apartment Complex

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 29984022
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 8 Units
Building Size (RSF): 5,654 SF
Gross Land Area: 0.25 Acres
Sale Price: $225,000
Unit Price: $28,125 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: Mid City Apartment Complex
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2017

Overview / Comments

Great investment property. This property is perfect for the small investor. It’s easily managed and stays occupied. All 8 apartments have 1 bedroom and 1 bath. Rents are at $450 each monthly. New roof and electrical panel.

• 8 units
• .25 Acre Lot
• Stays Occupied
• New Roof
• New Electrical Panel
• Located in mid-city

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 60
Area Description: Donmoor to Monet
Total Parking Spaces: 16

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,618 102,017 238,982
Median Age: 31.69 35.06 33.83
Households: 5,409 41,875 96,706

Contact

Photograph of Listing Agent

David A Vercher

KW Commercial
Baton Rouge, LA
Not a member of MCAR CIE

Source

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