11352 Bard AveBaton Rouge, LA 70815

For Sale
$3,450,000
44-unit Baton Rouge apartment complex, remodeled 2020.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 44-unit apartment building ideally situated at 11352 Bard Avenue, Baton Rouge, Louisiana, 70815. The property, classified as a Class B multifamily building, boasts a compelling asking price of $3,450,000, translating to an attractive price per unit of $78,409.09. Undergoing a complete renovation in 2020, this complex offers a blend of modern amenities and immediate cash flow potential. The unit mix comprises 40 one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, catering to a diverse range of tenants. Its strategic location offers convenient access to Sherwood Forest and proximity to the Amazon Distribution Center, ensuring strong occupancy rates and consistent rental income. This property represents a rare chance to acquire a well-maintained, high-performing multifamily asset in a thriving Baton Rouge market. The building's recent renovation minimizes immediate capital expenditure needs, allowing investors to focus on maximizing returns. Detailed financial statements and property reports are available upon request. This is a turnkey investment ready for immediate income generation. Don't miss this opportunity to add a valuable asset to your portfolio.

Highlights

  • Excellent Sherwood Forest location.
  • Proximity to Amazon distribution center.

Property Details for 11352 Bard Ave

Property type
Apartment buildings
Class
B
Units
44

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.468021087284
Longitude
-91.057099647685
11352 Bard Ave, Baton Rouge, Louisiana

FAQs

What type of property is this?
Apartment building - 44-unit Baton Rouge apartment complex, remodeled 2020.
Where is the apartment building located?
The property is located at 11352 Bard Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Excellent Sherwood Forest location.; Proximity to Amazon distribution center.;
How can I contact the broker?
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11352 Bard Ave
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