Fully Renovated 18-Unit Multifamily Opportunity with Stable Income

For Sale

644, 662 N Donmoor Ave, Baton Rouge, LA 70806

This Baton Rouge property for sale is located at 644, 662 N Donmoor Ave. The current listed sale price for Fully Renovated 18-Unit Multifamily Opportunity with Stable Income is $1,100,000. Fully Renovated 18-Unit Multifamily Opportunity with Stable Income is situated on a lot that is 0.75 acre in size.

Contacts

broker

Mark Segalla

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 18
  • Lot Size 0.75 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 19, 2024
Lots 82, 83, 84Now available for sale, 644, 662 N Donmoor Ave comprises 2 adjacent multifamily buildings with a total of 18 units (9 units per building). This recently renovated property is currently 83.33% occupied and offers a stabilized investment. Located in a growing Baton Rouge corridor, this investment is strategically positioned just ±5 minutes from the new 3,500,000 SF Amazon Fulfillment Center, expected to employ over 3,500 people. The area’s development has attracted national brands like Starbucks, Cane’s, and Aldi, further boosting the corridor’s appeal for residents and businesses alike. The property also has excellent access to major thoroughfares, Baton Rouge Community College, and Downtown Baton Rouge, making it highly attractive to potential tenants.

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Highlights

  • Recently renovated and stabilized investment opportunity
  • Includes vacant lot next door for future development
  • Upside in rents and lowering expenses
  • Proximity to Florida Blvd, Amazon, I-110, BRCC, Downtown, Airline Hwy, and more

Getting around

  • 57/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood Melrose
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Max Food Mart

    1.09 miles

  • ChargePoint

    1.69 miles

  • Exxon

    1.83 miles

  • RaceWay

    1.95 miles

  • Right Way Food Mart

    2.02 miles

  • Circle K

    2.16 miles

  • Ben's

    2.31 miles

  • Valero

    2.34 miles

  • Citgo

    2.39 miles

  • Shell

    2.47 miles

  • Bon Carre Parking

    0.17 miles

  • Parkhaus

    1.73 miles

  • Parking Lot 4

    3.57 miles

  • Parking Lot 2

    3.59 miles

  • Parking Garage 2

    3.74 miles

  • Parking Lot 1

    3.80 miles

  • Insurance Building Parking

    3.99 miles

  • Galvez Garage

    4.02 miles

  • State Capitol Northwest Lot

    4.13 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    0.40 miles

  • The Shades Motel

    1.00 miles

  • Value Place Baton Rouge (North)

    1.02 miles

  • Wood Acres Motel

    1.08 miles

  • Ten Flags Inn

    1.31 miles

  • Alamo Plaza Motel

    1.68 miles

  • Residence Inn by Marriott Baton Rouge near LSU

    1.74 miles

  • Fountain Motel

    2.12 miles

  • Paradise Inn & Suites

    2.14 miles

  • Candlewood Suites Baton Rouge - College Drive

    2.20 miles

  • Rouses

    0.65 miles

  • Red Stick Spice Co.

    1.12 miles

  • Albertsons

    1.52 miles

  • Connell's Village Shopping Center

    1.57 miles

  • Walmart Supercenter

    1.67 miles

  • Whole Foods Market

    1.67 miles

  • Hi Nabor

    1.70 miles

  • Calandro's Supermarket

    1.93 miles

  • Our Daily Bread

    2.07 miles

  • Hi Nabor Supermarket

    2.35 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®