LEASED 3 Bedroom / 2.5 Bathroom Lake Beau Pre Condo FOR SALE

Multi-Family for Sale
Catylist Listing ID: 30394107
Property Subtypes: Student Housing, Other
Number of Units: 1 Units
Building Size (RSF): 1,750 SF
Gross Building Area: See Agent
Sale Price: $200,000
Unit Price: $200,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Average Occupancy Rate: 95
Last Updated: 1/22/2020

Overview / Comments

RENTED LSU INVESTMENT PROPERTY: $1650/mo

3 bedroom 2.5 bath condominium, gated Lake Beau Pre subdivision. 4000 Lake Beau Pre Blvd., Unit 91, Baton Rouge, LA 70820

Amenities:
1,632 square feet
Covered parking
Hardwood flooring
New paint throughout
New kitchen counter tops
All appliances to remain, includes refrigerator, microwave, oven/stove, washer & dryer.
Private rear patio for grilling.
Pool, lounge and clubhouse.
Fitness Center outfitted with complete work-out equipment.
Theatre, by reservation.
Private office or study areas.

This community is located directly across River Road which offers a bike and walking path on Levee to downtown Baton Rouge, and BREC's Farr Park Equestrian Park.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $2,452 (Annual)
Potential Rental Income $1,650 (Annual)
Gross Operating Income $19,800 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Taxing Authority: East Baton Rouge
Zoning: MULTI FAM
Percent Occupied: 100%
Community Amenities: Outdoor Pool, Community Building, Exercise Room, Jogging Paths
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 3
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,664 36,714 99,287
Median Age: 22.86 27.47 32.18
Households: 1,135 15,347 41,519

Contact

Photograph of Listing Agent

Mike Gennaro

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Mike J Falgoust

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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