4627 Tigerland Ave

Property Overview

This property is a two story 10 unit apartment complex in themiddle of Tigerland. All the units are the same;approximately 400 sf studios. They all have kitchen cabinets,a stove, a fridge, and a window unit. They are open spacewith a closet and a private bathroom.The tenants are referred and subsidized by two specialprograms. The leases are 12 month leases and the rents aredirect deposited. Contact us for more information.

Location Overview

Tigerland is a well known multifamily community right nextto the LSU golf course (A potential location for the new sportsarena). As you enter Tigerland, you are greeted by thepopular student nightlife bar scene like Fred's Bar and Grill,Mike's and The House.Tigerland was once the premier student housing area ofchoice, and we believe that with the new LSU Sports Arena,those days can come back.

Property Highlights

• 10 Units in Tigerland near the new proposed LSU Sports Arena
• Unique contracts generating $1,063 to $1,200 per unit/per month
• Remodeled units
• Annual Potential Gross Rental Income $127,560
• Annual Operating Expenses Approx $40,000
• 70% occupied and will get to 100% soon
• Low maintenance shotgun style two story building
• Opportunity for a land play due to the proposed LSU Sports Arena
• Broker/Owner