For Sale
$2,900,000

438 Main StBaton Rouge, LA 70801

22 Units, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 22-unit apartment building, located at 438 Main Street in the heart of Baton Rouge, Louisiana, presents a lucrative investment opportunity. Built in 2013, this four-story, 14,308 square foot LEED-certified building offers a mix of 16 one-bedroom and 6 two-bedroom apartments, ranging from 500 to 900 square feet. Each unit features modern amenities including a full appliance package, stained concrete floors, ceramic tile, and outdoor balconies. The property also includes a convenient rental office and a community room opening onto a shared courtyard. Its prime downtown location offers residents easy access to major thoroughfares, the Mississippi River, Louisiana State University, shops, restaurants, the Farmers Market, and Matherne's Grocery. The vibrant surrounding community attracts over three million visitors annually, ensuring consistent demand and high occupancy rates. Financial details, including rent roll, income, and expense information, are available upon request. This is a rare opportunity to acquire a high-performing multifamily asset in a thriving urban environment. The property's strong location, modern amenities, and proven rental history make it an ideal investment for discerning buyers.

Highlights

  • $2,900,000 asking price for a 22-unit apartment building.
  • Multifamily property with 14,308 square feet.
  • 22 units total; mix of one- and two-bedroom apartments.
  • Four-story building constructed in 2013.
  • Located at 438 Main St, Baton Rouge, LA 70801.

Property Details for 438 Main St

Property type
Apartment buildings
Square Feet
14,308 SF
Year Built
2013
Stories
4
Units
22

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4512328
Longitude
-91.1864939
438 Main St, Baton Rouge, Louisiana

FAQs

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438 Main St
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