For Sale $549,000
Property Type Multi-Family
Property Size 1 SF
Units 6
Property Tenancy Multi-Tenant
Date Updated Apr 16, 2024

128, 131, 132, 207, 230, 239Six units within Park Place Condominiums are now being offered for sale as a package. The units are currently 100% occupied. The units are immediately income producing with leases in place through May 2024. The portfolio has a Current NOI of $37,619. All utilities are covered by the complex HOA and the tenants. Tenants pay the electric bill and HOA pays water, wastewater, trash, cable tv, and internet. The complex is equipped with an electric gate and ample off-street parking.

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Highlights

6 Condo units within quiet Park Place Condominiums
100% Occupied
Current NOI of $37,619
All utilities covered by HOA and tenants

Contacts

Keagan Finley, CCIM

ELIFIN®

(859) 916-9354

Location

Getting Around

Walk Score ®
41/100 Car-Dependent
Bike Score ®
49/100 Somewhat Bikeable

Map
Street

City Baton Rouge, LA
Neighborhood Shady Grove - Booker Town
Zip Code 70806
Market Baton Rouge

Points of Interest

Chevron

1.07 miles
Tesla Supercharger 3B

1.21 miles
Tesla Supercharger 3A

1.21 miles
Tesla Supercharger 2B

1.21 miles
Tesla Supercharger 2A

1.21 miles
Tesla Supercharger 1B

1.21 miles
Tesla Supercharger 1A

1.21 miles
Shell

1.23 miles
Circle K

1.28 miles
Chevron

1.32 miles

East River Center Parking Garage

1.20 miles
Parking 3A

1.23 miles
West River Center Parking Garage

1.24 miles
Galvez Garage

1.47 miles
Thomas Boyd Lot

1.48 miles
Lot P

1.55 miles
Lot M

1.60 miles
LaSalle Garage

1.62 miles
Lot J

1.62 miles
Lot L

1.63 miles

Belle of Baton Rouge Hotel

1.25 miles
Holiday Inn Express Baton Rouge Downtown

1.27 miles
La Quinta Inn Baton Rouge University Area

1.36 miles
WATERMARK Baton Rouge, Autograph Collection

1.40 miles
Radisson Hotel Baton Rouge

1.44 miles
Courtyard by Marriott Baton Rouge Downtown

1.44 miles
Hotel Indigo Baton Rouge Downtown

1.47 miles
Courtyard Baton Rouge Acadian Centre/LSU Area

1.47 miles
The Cook Hotel

1.50 miles
Hilton Baton Rouge Capitol Center

1.51 miles

BLDG 5

0.86 miles
Kalurah Street Grill

0.89 miles
DiGiulio Brothers

0.94 miles
The Overpass Merchant

0.94 miles
George's

0.98 miles
Jimmy John's

1.05 miles
Schlittz & Giggles

1.06 miles
Pastime Restuarant

1.10 miles
Wienerschnitzel

1.10 miles
Zippy's Burritos

1.13 miles

McKinley Middle Magnet School

0.32 miles
Saint Francis Xavier Catholic School

0.46 miles
Dufrocq Montessori Elementary School

0.66 miles
Louisiana School for the Visually Impaired

0.68 miles
Polk Elementary School

0.77 miles
Saint Joseph's Academy School

0.79 miles
Buchanan Elementary School

0.80 miles
Foreign Language Academic Immersion Magnet

0.80 miles
Louisiana New School Academy

0.85 miles
McKinley High School

0.91 miles

Unique Care Learning Center LLC

1.46 miles
Southside Daycare & Early Learning Center

2.20 miles
The Learning Center

6.15 miles

Frequently Asked Questions

What is the lease rate for 6 Income-Producing Units in the Park Place Condominiums?

Rental asking rate at 6 Income-Producing Units in the Park Place Condominiums is $274,500.00/YR.

What is the total square footage of 6 Income-Producing Units in the Park Place Condominiums?

6 Income-Producing Units in the Park Place Condominiums totals 1 square feet.

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