6869 Rembrandt Ave

Shiloh Apartments presents an opportunity to acquire a 14-unit multifamily property in Baton Rouge, Louisiana ($45k per unit). The property consists of six (6) 2-bedroom/1-bath units and eight (8) 1-bedroom/1-bath units totaling approximately 8,970 square feet. The property is currently in a lease-up and stabilization phase, creating a strong value-add opportunity for investors seeking upside through increased occupancy and operational improvements. Recent leasing activity has already improved occupancy, with current in-place rents demonstrating continued rental demand in the area. The property offers investors the ability to add value through leasing vacant units and streamlining operations. There are a total of 10 leased units and there is a laundry room onsite that is currently not being used. The current property manager took over in November, hence the reason we only have eleven months of data.

• 14-unit multifamily property in Baton Rouge, LA
• Six (6) 2BR/1BA units and eight (8) 1BR/1BA units
• Approx. 8,970 SF total building area
• Value-add investment opportunity
• Lease-up and stabilization opportunity (71% occupancy)
• Recent occupancy improvements underway
• Current in-place rental income with upside potential