2618 Woodale Blvd, Baton Rouge, LA 70805
Commercial property for lease
- Description
- 90% of the property is ready for residential occupancy and the other 10% are office suites that can easily be converted into livable units if needed.This 10+/- acre property is located uniquely on a Qualified Census Tract (QCT Zone) and can be a great investment for savvy tax credit developers and investorsThe entire property is currently occupied by a private career college which houses some of its students.The units are setup like student housing in which the tenants share bathrooms and kitchen area. The walls are not load bearing and can be easily reconfigured.The rent roll is not applicable with this property because its current tenants are all students that has their rent paid through their tuition. Approx .25 Acres would like to be retained by the seller to continue operations of a religious facility. Building price details: $2,750,000.
- Contact info
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Harold Williams1st Team Realty
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 10.000 Acres Number of Stories: 2 Submarket: Government Subsidized, Mixed Use, Senior Living, Student Housing MSA: Baton Rouge Buildings: 1 Construction: Brick Terms: Cash to Seller, Sale/Leaseback, Other Added: 12/06/2017