1305 Laurel StBaton Rouge, LA 70802

This exceptional investment opportunity presents an 11-unit single-family rental portfolio located in Baton Rouge, Louisiana. The portfolio comprises eleven buildings, totaling 15,555 square feet, and currently boasts 100% occupancy. The properties are a mix of single-family homes and one owner-occupied office space, offering immediate cash flow. The asking price is $800,000, translating to a compelling price per square foot of $51.43 and a price per unit of $72,727.27. The portfolio's strong performance is reflected in its pro-forma net operating income (NOI) of $64,230, yielding an attractive pro-forma cap rate of 8.03%. The properties are fee simple ownership and are located across various addresses in Baton Rouge, primarily within East Baton Rouge Parish, with zip codes 70802, 70805, and 70811. Individual unit details vary, with some featuring updated central heating and air conditioning. Several units benefit from rental income subsidies. The portfolio's location offers potential advantages, with some properties situated in Opportunity Zones. Tenants are responsible for yard maintenance. The seller is open to considering offers for individual property sales. This portfolio represents a rare opportunity to acquire a stabilized, high-occupancy rental investment in a desirable location. Financial details are available upon request.