For Sale
$725,000

12097 Old Hammond Hwy Baton Rouge, LA 70816

13 Units, 11,747 SF, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a two-story, 13-unit office condominium complex ideally situated at 12097 Old Hammond Hwy, Baton Rouge, Louisiana, 70816. The property boasts a total of 11,747 square feet, situated on a 0.83-acre lot, and is zoned C1. Each unit is part of a traditional office building, offering a diverse range of spaces for various business needs. Currently achieving 100% occupancy, the complex generates a substantial annual gross rent of $103,000. The high occupancy rate is consistently maintained, with vacant units typically leased within two weeks. This demonstrates strong tenant demand and a stable income stream. The property's operational efficiency is further enhanced by the owner's responsibility for water, sewer, and trash services, while tenants cover their individual electricity costs. Detailed financial information, including the rent roll and profit and loss statement, is readily available upon request, providing potential buyers with a comprehensive understanding of the property's financial performance. This presents a compelling opportunity for investors seeking a stable, high-return investment in a thriving Baton Rouge location.

Highlights

  • 13-unit office condominium complex totaling 11,747 square feet on a 0.83-acre lot.
  • Located at 12097 Old Hammond Hwy, Baton Rouge, LA 70816, zoned C1.
  • Currently 100% occupied, generating $103,000 annual gross rent.
  • High occupancy rate with rapid lease-up of vacant units.
  • Owner pays water, sewer, and trash; tenants pay electricity.
  • Detailed financial statements available upon request.

Property Details for 12097 Old Hammond Hwy

Property type
Office properties
Square Feet
11,747 SF
Stories
2
Lot Size (sq. ft)
36,155 SF
Units
13

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.440373084459
Longitude
-91.045515326435
12097 Old Hammond Hwy, Baton Rouge, Louisiana

FAQs

What type of property is this?
Office property - 13 Units, 11,747 SF, High Occupancy
Where is the office property located?
The property is located at 12097 Old Hammond Hwy Baton Rouge, LA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 13-unit office condominium complex totaling 11,747 square feet on a 0.83-acre lot.; Located at 12097 Old Hammond Hwy, Baton Rouge, LA 70816, zoned C1.; Currently 100% occupied, generating $103,000 annual gross rent.
How can I contact the broker?
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12097 Old Hammond Hwy
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