Occupied 8-Unit Multifamily Complex – 8% Cap Rate

View Offering Memorandum: https://buildout.com/sharing/occupied-8-unit-multifamily-complex--8-cap-rate-1835-southpointe-dr-baton-rouge-sale?file=3757298 Now available for sale, 1835 Southpointe Dr is an 8-unit multifamily property in Baton Rouge. Currently yields a Net Operating Income of $57,380 and an 8% Cap Rate. Each unit is a 2 bed, 1.5 bath layout. The site includes an off-street parking lot with ample spaces allocated per unit. Located just ±2 minutes from Perkins Rd at Essen Ln / Staring Ln, the property benefits from proximity to Baton Rouge’s growing medical corridor and enjoys excellent access to I-10 (±4 minutes) and I-12 (±5 minutes). This property can be purchased individually or packaged with 1701 Ryder Dr, a 7-unit multifamily complex less than ±500 ft away from the subject property.