CENTURY 21 Action Alert

324 W Parker Blvd, Baton Rouge, LA 70808 — Price: $3,750,000

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Multi-Family Home
Square Feet 53,143
MLS Number: 2017011212


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 Community Information:
What's Nearby
Nearby Schools
Nearby Sold Listings
Community Stats

Directions


From I-10, Take College exit to Lee Dr., turn R on Highland Rd., Take a L onto W. Parker Rd.

Description


University View Apartments on the South edge of LSU is for sale. This property is walking distance to all of LSU campus, and rarely ever has a vacancy. The complex has been well maintained, but the units are rented on the low side of the market. The apartments currently operates at a 6.67% CAP rate. - 1.22 Acres+/- - 38 Units - 6.67 CAP Rate currently - Fantastic location(Walking distance to LSU) - Possible Redevelopment opportunity

Features:


Schools School district: East Baton Rouge
Appliances Range/Oven
Refrigerator
Heating/Cooling Central air
Exterior Brick exterior
Lot Lot acreage is: 1.22
Lot dimension is: Irreg.
Subdivision: University View
Lot number: 5
Basement Slab Foundation
Utilities Public sewer
Public water
Construction Units in building(s): 38


Mortgage Payments


The approximate monthly Principal & Interest payment for this property would be $18,050.66.
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Courtesy of:


BHHS United Properties



© 2017, Greater Baton Rouge Association of Realtors. All Rights Reserved. Real estate listings held by brokerage firms other than CENTURY 21 Action Realty are marked with the Internet Data Exchange Program logo, and detailed information includes the name of the listing broker. Information is believed to be accurate but not guaranteed. Listing information is provided for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties clients may be interested in purchasing. All properties are subject to prior sale or withdrawal.