Occupied Multifamily Portfolio near Health Corridor

View Offering Memorandum: https://buildout.com/sharing/occupied-multifamily-portfolio-near-health-corridor-1701-ryder-dr-1835-southpointe-dr-baton-rouge-sale?file=3757309 Now available for sale, 1701 Ryder Dr and 1835 Southpointe Dr present an occupied 15-unit multifamily portfolio in Baton Rouge. The properties are 87% occupied. Currently yields a total Net Operating Income of $103,530 and an 8% Cap Rate. Each unit is a 2 bed, 1.5 bath layout. The sites include off-street parking lots with ample spaces allocated per unit. Located just ±2 minutes from Perkins Rd at Essen Ln / Staring Ln, the properties benefit from proximity to Baton Rouge’s growing medical corridor and enjoy excellent access to I-10 (±4 minutes) and I-12 (±5 minutes). The properties can be purchased as a portfolio or individually. Contact Broker for more information.