8-Property Single-Family Investment Portfolio – 12.29% CAP Rate

For Sale

4561 E Brookstown Dr, Baton Rouge, LA 70805

This Baton Rouge property for sale is located at 4561 E Brookstown Dr. The current listed sale price for 8-Property Single-Family Investment Portfolio – 12.29% CAP Rate is $475,000.

Contacts

broker

Mark Segalla

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Units 8
  • Additional Rent Contact for pricing
  • Date Updated Oct 30, 2024
-Now available for sale, this multifamily portfolio consists of 8 single-family rental properties across Baton Rouge, LA. 7 of the properties are currently occupied. Under current occupancy and rental rates, the portfolio generates a net operating income of $58,400. The portfolio features a 12.29% CAP rate, low expenses, and cash flow potential, with room for value-add opportunities at all properties. One unoccupied property, which was gutted after the 2016 flood, is primed for build out and customization. All properties are located within a ±15-minute radius of each other, providing operational convenience for management and potential rent growth in the area. No section 8, tenant responsible for all utilities, tenant responsible for most appliances including A/Cs.

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Highlights

  • 8 single-family rental properties across Baton Rouge, LA
  • 7/8 of the properties are currently occupied – Current NOI of $58,400
  • Low expenses, cash flow potential, and room for value-add
  • Located within a ±15-minute radius

Attachments

Getting around

  • 38/100

    Walk Score ®

  • 41/100

    Bike Score ®

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Location

  • City Baton Rouge, LA
  • Neighborhood North Highlands
  • Zip Code 70805
  • Market Baton Rouge

Points of Interest

  • Chevron

    0.20 miles

  • Cousin's Food Mart

    0.34 miles

  • Mike's Truck Stop

    0.36 miles

  • Ben's

    0.46 miles

  • Texaco

    0.74 miles

  • Right Way Food Mart

    0.82 miles

  • RaceWay

    0.85 miles

  • Exxon

    0.98 miles

  • Valero

    1.40 miles

  • Shell

    1.63 miles

  • Bon Carre Parking

    2.66 miles

  • Parkhaus

    3.95 miles

  • Insurance Building Parking

    4.20 miles

  • Claiborne Garage

    4.20 miles

  • State Capitol Northwest Lot

    4.26 miles

  • Galvez Garage

    4.40 miles

  • LaSalle Garage

    4.57 miles

  • State Welcome Center Parking Garage

    4.58 miles

  • East River Center Parking Garage

    4.86 miles

  • West River Center Parking Garage

    4.89 miles

  • Paradise Inn & Suites

    0.69 miles

  • Vel Rose Motel

    1.32 miles

  • Ten Flags Inn

    1.65 miles

  • SpringHill Suites Baton Rouge North/Airport

    2.50 miles

  • Days Inn by Wyndham Baton Rouge Airport

    2.53 miles

  • Microtel Inn & Suites

    2.55 miles

  • Hilton Garden Inn Baton Rouge Airport

    2.57 miles

  • The Shades Motel

    2.66 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    2.66 miles

  • Wood Acres Motel

    2.67 miles

  • Hi Nabor

    1.10 miles

  • Tony's Seafood

    1.59 miles

  • Rouses

    2.80 miles

  • Walmart Supercenter

    3.03 miles

  • Albertsons

    3.36 miles

  • Red Stick Spice Co.

    3.38 miles

  • Calandro's Supermarket

    3.56 miles

  • Connell's Village Shopping Center

    3.75 miles

  • Our Daily Bread

    3.76 miles

  • Pinay Gigi Filipino Store

    3.86 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

Mark Segalla

ELIFIN®