12022, 12021, 12051 Province Place, Baton Rouge, LA 70816
Commercial property for lease
- Description
- Province Place Portfolio For Sale-12 multifamily units-Three four-plex buildings -All units are +/- 1,000 SF 2Br/1.5Ba Town Home style units-Washer/dryer connections in all units-Tenants pay for their electricity and cable-Landlord pays for water,sewer, trash -Property is under managed with rents below market.-Most leases are month to month which gives the next owner the opportunity to come in and raise rents immediately-Feb. 2018 Occupancy: 92% (only 1 vacant)-All units are to be sold as a package* Property did flood in August 2016. Flood insurance is accounted for in the underwriting -Rent Roll will be available soon Asking Price: $470,000 ($39,157/unit) Building price details: $470,000.
- Exterior Features
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Parking Type: Surface - Contact info
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Christopher M GremillionNAI/Latter & Blum Commercial Baton Rouge
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Number of Stories: 2 Year Built: 1980 Year Renovated: 2017 Submarket: Duplex/Fourplex MSA: Baton Rouge Zoning: RURAL Buildings: 3 Construction: Vinyl Siding, Wood Frame Terms: Cash to Seller Added: 02/28/2018