4807 Kennesaw DrBaton Rouge, LA 70817

  • Residential income properties
For Sale
$2,200,000 View listing

Property Details for 4807 Kennesaw Dr

Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional multifamily investment opportunity comprises a portfolio of five apartment buildings totaling 27 units in Baton Rouge, Louisiana. The portfolio is strategically located in the quiet Shenandoah neighborhood, offering convenient access to major thoroughfares like I-10 and I-12 (approximately 8 and 15 minutes respectively). The properties boast a strong 89% occupancy rate, presenting immediate cash flow potential. The unit mix includes a variety of configurations: four 3-bedroom/2-bathroom units, four 2-bedroom/2.5-bathroom units, seven 2-bedroom/1.5-bathroom units, and eight 2-bedroom/1.5-bathroom units. Each property features ample on-site parking. The portfolio's prime location also benefits from proximity to the Perkins Road medical corridor (approximately 12 minutes away), offering significant potential for attracting high-demand tenants. The properties are situated within a 16-minute radius of each other, simplifying management and maintenance. The asking price is $2,200,000, representing a price per unit of $81,481.48. The portfolio is zoned R and C2. Parcel numbers include 118184, 118222, 118281, 30827002, and 30827008. Detailed financial information, including rent rolls and operating statements, is available upon request.

4807 Kennesaw Dr, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4068
Longitude
-91.0029

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