Cypress Gates Apartments 20 Units

Multi-Family for Sale
Catylist Listing ID: 29819226
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 20 Units
Building Size (RSF): 21,000 SF
Gross Building Area: See Agent
Sale Price: $1,150,000
Unit Price: $57,500 Per Unit
Property Use Type: Investment
Building Name: Cypress Gates Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2018

Overview / Comments

This income producing property is a perfect Investment opportunity. Owners have another Investment opportunity and need to sell this to move forward. Owners have owned it for 3 Years and have totally updated every UNIT as well as HVAC's. Good rent Income Owner Agent Call Agent for Rent Roll and expenses


Finance Data Year 2015
Real Estate Taxes - Annual($) $8,000 (Annual)
Potential Rental Income $14,000 (Annual)

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 81
Tax ID/APN: 0077396
Market Type: Large
Property Located Between: Juban Road and Florida
Road Type: Paved
Transportation: Bus, Other
Total Number of Buildings: 5
Property Condition: Excellent
Number of Stories: 2
Year Built: 1970
Year Renovated: 2012
Roof Type: Arched
Construction/Siding: Brick, HardiePlank Siding
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity, Hot Water
Heat Source: Central
Fuel: Electric
Air Conditioning: Other
Internet Access: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,142 39,927 73,762
Median Age: 34.07 33.88 33.58
Households: 1,161 14,456 26,554


Photograph of Listing Agent

Robby L Durham

Durham Real Estate Inc Baton Rouge, LA 70816
LACDB Member
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