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317 East Drive, Baton Rouge, LA 70806

Commercial property for sale

  • Description
  • 100% occupied, Income producing 8-Plex Apartment Complex For-Sale. 317 East Drive Apartments - Mid-City off Government at East Drive. Consisting of 2 - 4-plex buildings with covered walk way and courtyard in the center and Gated. Eight (8) complete - 2 bedroom units. Each unit being two story units. 2 bedroom, 1 full bath, 1/2 bath downstairs, with living room , dining, full kitchen equipped with refrigerator, electric stove-top and oven, and garage disposal. Each unit is approximately 1,000 sf. Unit A - $450 per month - $5400 per year Unit B - $500 per month - $6000 per year Unit C - $470 per month - $5640 per year Unit D - $560 per month - $6720 per year Unit E - $595 per month - $7140 per year Unit F - $550 per month - $6600 per year Unit G - $550 per month - $6600 per year Unit H - $550 per month - $6600 per year Gross Totals - per month - $4225 Gross Totals - per year - $50,700 Expenses - Taxes and Insurance and maintenance - $10,000 NET - $40,700 CAP - 8 1/2% Building price details: $489,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Other, General
    Status: Available
    Price: $ 61,125 +/Unit
    Number of Stories: 2
    MSA: Baton Rouge
    Buildings: 2
    Terms: Cash to Seller
    Added: 10/12/2011
    Last Update: 03/29/2012
  • Contact info
  • 225-291-1234 [Office]
  • Note

  • Details Info about this row that located on 317 East Drive, Baton Rouge, LA 70806 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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