10209 Avenue M, Baton Rouge, LA 70807

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Building Details:

10209 Avenue M is located in Baton Rouge, LA.

16 Unit Multi-family Complex with huge up-side potential. Over $200,000 in renovations have been completed. Complete HVAC replacement - all air handlers ('09), HVAC condensers, and water heaters ('09). Roof is in good condition. Outdoor laundry room on site (no equipment) with hook-ups for three (3) washers and three (3) dryers. Paved parking lot.

Rent Roll Available - 14% Cap Rate on Pro-forma

12 Units - 1 bedroom, 1 bath
4 Units - 2 bedroom, 1 bath

Property to be sold "As-Is, Where-Is, with full waiver of redhibition and warranty of title being limited to Seller's acts during Seller's ownership.

Note: Major sewer construction has been completed. Road resurfacing is scheduled to be completed by May 2014.