Mid City Apartment Complex

Multi-Family for Sale
Catylist Listing ID: 29984021
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 7,800 SF
Gross Land Area: 0.48 Acres
Sale Price: $425,000
Unit Price: $26,562.50 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: Mid City Apartment Complex
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/24/2017

Overview / Comments

Property consists of two 8 unit apartment buildings. All units are professionally managed 1 bedroom 1 bath. Rents average $450 per month per apartment. Most units were renovated in 2014.

• 16 units
• .48 Acre lot
• Most units renovated in 2014

Additional Details

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

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,578 100,571 246,671
Median Age: 36.36 35.47 34.01
Households: 6,099 42,054 100,229

Contact

Photograph of Listing Agent

David A Vercher

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