Multi-Family Space For Lease @ 1984 Brightside Dr

1984 Brightside Dr, Baton Rouge, LA 70820

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Mark S.

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Property Summary:
• 10 condo units in Brightside Commons
• Brightside Commons is a low-rise condo property with 60 total units
• The property is two stories with units on each floor
• The property is gated and fenced with common parking and community pool
• Mix of student and conventional tenants

Location Summary:
• Located just south of LSU Campus near the intersection of Brightside Drive and Hwy 30 (Nicholson Drive)
• Property is accessed via common drive from Brightside Drive
• On three sides the property isn't bordered by other surrounding multifamily developments, which provides some separation and privacy
• Located 1 mile from LSU Campus (student population - 31,527)

Financial Summary:
• Condo fees cover exterior repairs and maintenance
• Pro Forma Cap Rate: 8.5%
• Pro Forma NOI: $44,835 This space offers accomodations for: lowrisegarden.

Pricing: Negotiable

Availability: Now

Listing ID: 3138326


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Rate: Contact for price

Type: Multi-Family Space

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