100% Occupied Multifamily w. 3.86% Assumable Loan

For Sale

901 Saint Rose Avenue, Baton Rouge, LA 70806

This Baton Rouge property for sale is located at 901 Saint Rose Avenue. The current listed sale price for 100% Occupied Multifamily w. 3.86% Assumable Loan is $3,585,000.

Contacts

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 28,750 SF
  • Units 28
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 15, 2024
Located in the Garden District, just minutes from Government Street's numerous food and beverage amenities, LSU, and City Park.100% Occupied, 7.0% CAP with an Assumable, Non-Recourse Loan at 3.86% Fixed through 3/31/2032 Gated 28-Unit Complex with high-quality Tenant mix located in the Garden District, just minutes from Government Street's numerous food and beverage amenities, LSU, and City Park. Since 2016: Approx. $600,000 in Building Improvements Completed Approx. $60,000 in Land Improvements Completed Approx. $90,000 in Equipment Investment Excellent bookkeeping from existing ownership. All Financials will be supplied upon execution of the attached Confidentiality Agreement. 27 of 28 Units have been completely renovated including washer/dryer, granite counters, new flooring and cabinets, new stainless-steel appliances. Trash & Water/Sewer included in rent Twelve (12) 1 bd / 1 ba Sixteen (16) 2 bd / 2 ba Few blocks walk from the newly redeveloped Barracuda Taco stand and numerous other neighborhood bars and restaurants. Contact Agent for Confidenitality Agreement and All Financial Docs 225.907.5214

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Highlights

  • Contact Agent for Confidenitality Agreement and All Financial Docs
  • Few blocks walk from the newly redeveloped Barracuda Taco stand and numerous other neighborhood bars and restaurants.
  • Sixteen (16) 2 bd / 2 ba
  • Twelve (12) 1 bd / 1 ba
  • Trash & Water/Sewer included in rent
  • 27 of 28 Units have been completely renovated including washer/dryer, granite counters, new flooring and cabinets, new stainless-steel appliances.
  • Excellent bookkeeping from existing ownership. All Financials will be supplied upon execution of the attached Confidentiality Agreement.
  • Approx. $90,000 in Equipment Investment
  • Approx. $60,000 in Land Improvements Completed
  • Approx. $600,000 in Building Improvements Completed
  • Since 2016:
  • Gated 28-Unit Complex with high-quality Tenant mix located in the Garden District, just minutes from Government Street's numerous food and beverage amenities, LSU, and City Park.
  • 100% Occupied, 7.0% CAP with an Assumable, Non-Recourse Loan at 3.86% Fixed through 3/31/2032

Getting around

  • 61/100

    Walk Score ®

  • 63/100

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Location

  • City Baton Rouge, LA
  • Neighborhood Roseland Terrace - Kleinert Terrace
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Citgo

    0.54 miles

  • Shell

    0.60 miles

  • Circle K

    0.65 miles

  • Easy Stop

    0.66 miles

  • Exxon

    0.80 miles

  • Chevron

    1.20 miles

  • Tesla Supercharger

    1.24 miles

  • Green Park

    1.58 miles

  • ChargePoint

    3.09 miles

  • East River Center Parking Garage

    1.53 miles

  • West River Center Parking Garage

    1.58 miles

  • Galvez Garage

    1.60 miles

  • Belle of Baton Rouge - Mayflower

    1.65 miles

  • Belle of Baton Rouge - South River Road

    1.70 miles

  • Parking 3A

    1.70 miles

  • Insurance Building Parking

    1.76 miles

  • LaSalle Garage

    1.80 miles

  • State Welcome Center Parking Garage

    1.88 miles

  • State Capitol Northwest Lot

    1.93 miles

  • Alamo Plaza Motel

    1.20 miles

  • La Quinta Inn Baton Rouge University Area

    1.24 miles

  • Radisson Hotel Baton Rouge

    1.33 miles

  • Courtyard Baton Rouge Acadian Centre/LSU Area

    1.41 miles

  • Rivermark Centre

    1.60 miles

  • Belle of Baton Rouge Hotel

    1.62 miles

  • WATERMARK Baton Rouge, Autograph Collection

    1.64 miles

  • Courtyard Baton Rouge Downtown

    1.66 miles

  • Hotel Indigo Baton Rouge Downtown

    1.72 miles

  • Hilton Baton Rouge Capitol Center

    1.76 miles

  • Calandro's Supermarket

    0.89 miles

  • Bet-R

    1.01 miles

  • Albertsons

    1.32 miles

  • Trader Joe's

    1.32 miles

  • Walmart Supercenter

    1.79 miles

  • Red Stick Spice Co.

    1.86 miles

  • Rouses

    2.16 miles

  • Sprouts Farmers Market

    2.28 miles

  • Whole Foods Market

    3.08 miles

  • Connell's Village Shopping Center

    4.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate