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Fully Occupied 7-Unit Multifamily near Medical Corridor

1701 Ryder Dr Baton Rouge, LA 70808

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Overview

View Offering Memorandum: https://buildout.com/sharing/fully-occupied-7-unit-multifamily-near-medical-corridor-1701-ryder-dr-baton-rouge-sale?file=3757294 Now available for sale, 1701 Ryder Dr is a stabilized 7-unit multifamily property in Baton Rouge. The property is 100% occupied. Currently yields a Net Operating Income of $46,150 and an 8% Cap Rate. Each unit is a 2 bed, 1.5 bath layout. The site includes an off-street parking lot with ample spaces allocated per unit. Located just ±2 minutes from Perkins Rd at Essen Ln / Staring Ln, the property benefits from proximity to Baton Rouge’s growing medical corridor and enjoys excellent access to I-10 (±4 minutes) and I-12 (±5 minutes). This property can be purchased individually or packaged with 1835 Southpointe Dr, an 8-unit multifamily complex less than ±500 ft away from the subject property.

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$575,000
Acres
0.014 ac
Zoning
C2
Number of Buildings
1
Floors
2
Construction Siding
Brick
Construction Type
Masonry
Rentable SF
7,700
Submarket
LACDB - 52
Nearest MSA
Baton Rouge
Property Status
Existing
County
East Baton Rouge Parish
Created
2025-06-05
Updated
2025-06-05
Listing ID
1db1c175
Parcel APN
308-2700-2