1816 N Harco Dr, Baton Rouge, LA 70815

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Building Details:

1816 N Harco Dr is located in Baton Rouge, LA.

Two Duplexes and One Fourplex. These properties were purchased in 2006 and are very well-maintained.

We believe that properties are under rented and there is room to go in and raise rents. An approximate summary of actual financials are:

• Current Rents are:
o 2 BR: $550 per month ($6,600 per year)
o 2 BR: $575 per month ($6,900 per year) – in 2 weeks*
o 4 BR: $580 per month ($6,960 per year)
o 4 BR: $600 per month ($7,200 per year)
o 1 BR: $315 per month ($3,780 per year)
o 1 BR: $350 per month ($4,200 per year)
o 1 BR: $350 per month ($4,200 per year)
o 1 BR: $375 per month ($4,500 per year)

• Current Annualized Expenses: $8,000 per year (Taxes, Insurance, Water, Maintenance, Yard)

• Current Net Income to Owner: $36,340 ($44,340 - $8,000)

Some tenants have been renting for over 10 years.

Current owner is trying to get out of day to day management of rental real estate; looking at retiring.

bring all offers!