CENTURY 21 Action Alert

8235 Greenwell Springs Rd, Baton Rouge, LA 70814 — Price: $4,600,000

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Multi-Family Home
Square Feet 86,704
# Stories 2
MLS Number: 2017014189


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 Community Information:
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Community Stats

Directions


Airline Hwy, head East on Greenwell Springs Rd. Complex on left.

Description


Greenwell Plaza Apartments is a two story, garden style multifamily property with twenty-four additional townhomes. It has a total of 103 units, onsite office, coined-laundry facility and swimming pool. Listed at $4,600,000 Unit price - $44,660 Built in 1977 Complex is currently running at 95% occupancy. 28 units are 1bed/1bath - 704 sqft - $635/mth 32 units are 2bed/1bath - 836 sqft - $685/mth 19 units are 2bed/2bath - 880 sqft - $735/mth 24 units are 2bed/1.5bath Townhome - 980 sqft - $750/mth Rentable sqft 86,704 Landlord pays water, sewer and trash. Tenant is responsible for their own electricity. Onsite shared laundry facilities and vending machines adding additional income averaging $7600/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. All townhomes and 16 units and washer/dryer connections. All first floor units flooded during August 2016 Flood and have been remodeled. Call or email for additional information. DO NOT DISTURB TENANTS OR MANAGEMENT Property will ONLY be sold with Magnolia Gardens Apartments and Lone Oak 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
Garage Parking spaces: 131
Exterior Frame exterior
Lot Lot acreage is: 3.125
Lot dimension is: irregular
Sloped lot
Subdivision: Lone Oak Square
Lot number: 1-6, 13A, 13B,19
Roofing Asphalt shingle roof
Basement Slab Foundation
Utilities Public sewer
Public water
Construction Units in building(s): 103


Mortgage Payments


The approximate monthly Principal & Interest payment for this property would be $22,142.15.
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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.