Spanish Town Multifamily Portfolio

615 Spanish Town Rd & 630 Lakeland Dr, Baton Rouge, LA 70802

  • For Sale $1,175,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 11
  • Lot Size 0.44 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jan 22, 2024
DowntownThis multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr), and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each. The single-family home faces Lakeland Dr and consist of 3 bedrooms & 2 bathrooms, totaling ±1,700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C, and 8 of the 10 apartments have in-unit washer/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas, and common area electric. Tenants pay their own electric, and a portion of utilities for 9&10 is split with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years, and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water & sewer. Tenant pays electric & gas. Do Not Enter Property or Contact Tenants for any reason. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Two lots comprised of two 4-unit buildings, duplex, and single-family home
  • Off-street parking
  • Central A/C, in-unit washer/dryers

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Beauregard Town
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

  • Green Park

    0.27 miles

  • Chevron

    2.37 miles

  • Shell

    2.58 miles

  • Tesla Supercharger 3B

    2.80 miles

  • Tesla Supercharger 3A

    2.81 miles

  • Tesla Supercharger 2B

    2.81 miles

  • Tesla Supercharger 2A

    2.81 miles

  • Tesla Supercharger 1B

    2.81 miles

  • Tesla Supercharger 1A

    2.81 miles

  • Chevron

    2.85 miles

  • Insurance Building Parking

    0.09 miles

  • State Capitol Northwest Lot

    0.25 miles

  • Galvez Garage

    0.25 miles

  • LaSalle Garage

    0.37 miles

  • State Welcome Center Parking Garage

    0.38 miles

  • Claiborne Garage

    0.47 miles

  • East River Center Parking Garage

    0.81 miles

  • West River Center Parking Garage

    0.82 miles

  • Parking 3A

    1.27 miles

  • Lot M

    2.71 miles

  • Hampton Inn & Suites Baton Rouge Downtown

    0.41 miles

  • Courtyard by Marriott Baton Rouge Downtown

    0.48 miles

  • WATERMARK Baton Rouge, Autograph Collection

    0.54 miles

  • Hotel Indigo Baton Rouge Downtown

    0.56 miles

  • Hilton Baton Rouge Capitol Center

    0.56 miles

  • Holiday Inn Express Baton Rouge Downtown

    0.61 miles

  • Belle of Baton Rouge Hotel

    0.92 miles

  • Ed's Motel

    1.60 miles

  • Alamo Plaza Motel

    2.31 miles

  • Magnuson Hotel Port Allen

    2.81 miles

  • Pastime Restuarant

    1.12 miles

  • Wienerschnitzel

    2.38 miles

  • Burger King

    2.45 miles

  • Little Caesars

    2.47 miles

  • BLDG 5

    2.47 miles

  • Kalurah Street Grill

    2.50 miles

  • DiGiulio Brothers

    2.55 miles

  • Jack in the Box

    2.55 miles

  • The Overpass Merchant

    2.56 miles

  • Buffalo Wild Wings

    2.57 miles

  • Children's Charter School

    0.40 miles

  • Nicholson Elementary School

    0.43 miles

  • Saint James Episcopal Day School

    0.48 miles

  • J K Haynes Elementary Charter School

    0.76 miles

  • Scott Headstart Center

    0.90 miles

  • Louisiana School for the Visually Impaired

    0.96 miles

  • Foreign Language Academic Immersion Magnet

    1.02 miles

  • Louisiana New School Academy

    1.05 miles

  • Community School for Apprenticeship Learning

    1.06 miles

  • Sacred Heart of Jesus School

    1.15 miles

  • Unique Care Learning Center LLC

    1.79 miles

  • Southside Daycare & Early Learning Center

    3.73 miles

  • The Learning Center

    7.73 miles

Frequently Asked Questions

What is the lease rate for Spanish Town Multifamily Portfolio?

Rental asking rate at Spanish Town Multifamily Portfolio is $587,500.00/YR.

What is the total square footage of Spanish Town Multifamily Portfolio?

Spanish Town Multifamily Portfolio totals 1 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349