8302 Innovation Park Dr

SOUTH BATON ROUGE MULTIFAMILY PORTFOLIO

38 Units | 9 Fourplexes + 1 Duplex | $2,744,000 Portfolio Offering

Commercial Property Advisors is pleased to present a 38-unit multifamily portfolio located in a high-demand South Baton Rouge rental area approximately three miles south of LSU. The offering consists of nine fourplexes and one duplex and is available as a complete portfolio or as individual properties.

PURCHASE OPTIONS

Portfolio Asking Price: $2,744,000

The entire 38-unit portfolio may be purchased for $2,744,000, or the properties may be purchased individually. Individual building asking prices and property-specific lot sizes are provided in the attached Property Schedule.

• 38 Total Units
• 94.7% Current Occupancy
• $27,345 Monthly Gross Scheduled Income
• $328,140 Annual Gross Scheduled Income
• $2,744,000 Portfolio Asking Price
• Nine Fourplexes + One Duplex
• Approximately 3 Miles South of LSU
• Strong surrounding employment base supporting rental demand
• Below-market rents with upside potential
• Fourplex market rents avg $775–$850/month per unit
• Duplex market rents avg $1,200/month per unit
• Tenants Pay All Utilities
• Washer & Dryer Hookups in Every Unit
• Buildings are well maintained
• Most roofs approximately two years old or newer