6867 Titian AveBaton Rouge, LA 70806

Pelican Point, a 36-unit apartment complex located at 6867 Titian Ave, Baton Rouge, LA 70806, is currently offered at $2,600,000. This multifamily property boasts a 97% occupancy rate, generating strong cash flow. The unit mix includes six 1-bedroom/1-bathroom units, twenty-two 2-bedroom/1-bathroom units, and eight 3-bedroom/2-bathroom units. Additional income is derived from on-site laundry facilities. A substantial parking lot surrounds three sides of the building, providing ample parking for residents. The property benefits from a highly desirable location, approximately 15 minutes from the intersection of Florida Boulevard and Airline Highway, and in close proximity to a new, $13,500,000 Amazon distribution center, indicating strong potential for future growth and appreciation. An assumable loan is available