CENTURY 21 Action Alert

3303 Lone Oak Dr, Baton Rouge, LA 70814 — Price: $2,520,000

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Multi-Family Home
Square Feet 45,620
# Stories 2
MLS Number: 2017014188


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

Directions


Airline Hwy, Head East on Greenwell Springs Rd. Turn left on Lone Oak Dr. Complex on left.

Description


Lone Oak Apartment complex is a two-story, garden style multifamily property consisting of 60 units and onsite coined laundry facility. Listed at $2,520,000 Unit price - $42,000 Land 2.5802 acres (112,394 sqft) Built in 1977 Complex is currently running at 88% occupancy 14 units are 1bed/1bath - 585 sqft - $685 38 units are 2bed/1bath - 781 sqft - $785 8 units are 3bed/1.5bath - 969 sqft - $1025 Rentable sqft 45,620 Landlord pays ALL utilities including water, sewer, trash, electricity and gas. Onsite shared laundry facility and vending machine adding additional income averaging $6800/year. All units have dishwasher, range, hood, refrigerator, central air and heat. Most with ''wood-look" vinyl plank or sheet, carpet, some ceramic and 8' ceilings. Some with ceiling fans. Call or email for additional information. DO NOT DISTURB TENANTS OR MANAGEMENT Property will ONLY be sold with Magnolia Gardens Apartments and Greenwell Plaza Apartments which are located within 0.8 mile of Magnolia Gardens Apartment.

Features:


Schools School district: East Baton Rouge
Appliances Range/Oven
Dishwasher
Refrigerator
Heating/Cooling Central air
Central heat
Natural gas heat
Garage Parking spaces: 90
Exterior Frame exterior
Lot Lot acreage is: 2.5802
Lot dimension is: irregular
Subdivision: Lone Oak Square
Lot number: 27 and C
Basement Slab Foundation
Utilities Public sewer
Public water
Construction Units in building(s): 60


Mortgage Payments


The approximate monthly Principal & Interest payment for this property would be $12,130.05.
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Courtesy of:


RE/MAX Professional



© 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.