Active
Sale
Multifamily

14 Unit Property on Tigerland Ave

4708 Tigerland Avenue, Baton Rouge, LA 70820

For Sale

$650,000

$97.13/SF

Building Size
6,692 SF
Lot Size
0.348 ac
Parish
East Baton Rouge
Days on Market
735
Listed
09/25/2024
Updated
09/25/2024

Overview

Presenting a Value Add Investment Property in the heart of LSU on Tigerland Avenue:

14 Unit Multi-Family Property consisting of 8 studio apartments and 6 two bedroom apartments. Only 5 occupancies right now none of which have any term leases in place.

Needs some TLC. Offers the chance to produce income while completing renovations, or remove all tenants for full renovation before re-leasing.

At full occupancy, rents will be around $11,000-12,000/month.

Taxes 2023 - $800/yr Insurance 2023 - $14,000/yr

Additional Information

City
Baton Rouge
State
LA
Zip Code
70820
# of Buildings
1
Floors
2
Rentable SF
6,692
Submarket
LACDB - 52
Property Status
Existing
Power Provider
Private - Entergy
Parcel APN
005-3303-3
Listing ID
443f8879

Parcel & Location