Shiloh Apartments presents an opportunity to acquire a 14-unit multifamily property in Baton Rouge, Louisiana ($45k per unit). The property consists of six (6) 2-bedroom/1-bath units and eight (8) 1-bedroom/1-bath units totaling approximately 8,970 square feet. The property is currently in a lease-up and stabilization phase, creating a strong value-add opportunity for investors seeking upside through increased occupancy and operational improvements. Recent leasing activity has already improved occupancy, with current in-place rents demonstrating continued rental demand in the area. The property offers investors the ability to add value through leasing vacant units and streamlining operations. There is a laundry room onsite that is currently not being used.
Listed By
Agency Name: Service 1st Real Estate
Agency Phone: 225-503-2525
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
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6869 Rembrandt Ave, Baton Rouge, LA 70806.
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6869 Rembrandt Ave, Baton Rouge, LA 70806.
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6869 Rembrandt Ave | MLS# 2026013316
This commercial property located at 6869 Rembrandt Ave, Baton Rouge, LA 70806 is currently listed for sale with an asking price of $625,000. Search Baton Rouge real estate on www.wurthre.com today.