1212 Aster StBaton Rouge, LA 70802

Property Details for 1212 Aster St

Property size (Sq ft)

1 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a 32-unit apartment complex strategically located in Baton Rouge, Louisiana, near the Louisiana State University (LSU) campus. The property consists of three buildings, totaling 32 units, offering significant value-add potential. A recent major renovation to one eight-unit building included the replacement of a sewer line, ensuring all units are now rent-ready and available for immediate leasing. The property boasts dedicated, off-street parking, a highly desirable amenity for tenants. Its proximity to LSU provides access to a substantial student and staff population of approximately 42,414, creating a strong rental demand. Conveniently located approximately four minutes from Interstate 10, the property offers easy accessibility for both tenants and property management. This property is also available for purchase as a package deal with two neighboring properties, adding an additional 16 units for a total of 32 units across all three properties. Detailed financial information, including rent rolls, income statements, and expense reports, is available upon request. This is a prime opportunity to acquire a well-situated multifamily property with substantial upside potential in a thriving market. The property is situated at 1212 Aster St, Baton Rouge, LA 70802. The asking price is $820,000.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.42

Longitude

-91.1899

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