For Sale
$475,000

4561 Brookstown Dr Baton Rouge, LA 70805

High-Yield Rental Investment, 88% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a portfolio of eight single-family rental properties situated in Baton Rouge, Louisiana. Priced at $475,000, this multifamily portfolio boasts a strong 12.29% capitalization rate and a current net operating income of $58,400. Seven of the eight units are currently occupied, demonstrating consistent rental income. The properties are strategically located within a 15-minute radius of each other, simplifying management and offering potential for future rent growth. One unit, previously impacted by flooding, has been gutted and presents a unique value-add opportunity for customization and increased rental income. Operating expenses are low, contributing to the portfolio's significant cash flow potential. All properties are individually metered for utilities, with tenants responsible for all utilities and most appliances, including air conditioning units. This portfolio is a compelling investment for those seeking a high-yield, low-maintenance rental property portfolio in a growing market. There are no Section 8 tenants. The portfolio's address is 4561 E Brookstown Dr, Baton Rouge, LA 70805.

Highlights

  • Eight single-family homes in Baton Rouge, LA.
  • Seven of eight units currently occupied, generating $58,400 net operating income (NOI).
  • Low operating expenses, strong cash flow, value-add opportunity.
  • Properties located within a 15-minute radius of each other.

Property Details for 4561 Brookstown Dr

Property type
Residential income homes
Buildings
8
Units
8

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.492445116345
Longitude
-91.128340498978

FAQs

What type of property is this?
Residential income home - High-Yield Rental Investment, 88% Occupancy
Where is the residential income home located?
The property is located at 4561 Brookstown Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Eight single-family homes in Baton Rouge, LA.; Seven of eight units currently occupied, generating $58,400 net operating income (NOI).; Low operating expenses, strong cash flow, value-add opportunity.
How can I contact the broker?
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4561 Brookstown Dr
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