7272 Burbank DrBaton Rouge, LA 70820

Property Details for 7272 Burbank Dr

Lot size

1.40 AC

Property size (Sq ft)

36,000 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a 12-unit apartment building situated on a 1.4-acre lot at 7272 Burbank Dr, Baton Rouge, LA 70820. The property boasts a total of 36,000 square feet, with each unit offering a generous 1,500 square feet of living space. Each spacious unit features three bedrooms and two full bathrooms, a full kitchen, and a living room, all enhanced by high ceilings. Currently vacant, the complex has undergone extensive renovations and has recently been legally filed as condominiums, providing a buyer with the flexibility to sell individually or rent as apartments. The property's prime location on Burbank Dr, near Lee Dr, places it in a high-traffic area with abundant nearby amenities, including restaurants, fast food establishments, and gas stations. Its proximity to LSU's campus (1.7 miles) and Downtown Baton Rouge (approximately 7 miles) further enhances its appeal. With 92 parking spaces and an asking price of $2,982,000 ($137.50 per square foot), this property offers significant potential for rental income, estimated at approximately $2,000 per unit per month. Showings are available by appointment. The property's APN is X-W-2-A. This is a prime opportunity for an investor seeking a high-return property in a desirable location.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.3774

Longitude

-91.1435

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