5133-5277 Brightside View Dr
Property Description
The Brightside View Portfolio includes 18 multifamily units located off Brightside Drive near LSU campus. The portfolio consists of seven duplexes and one fourplex, with a diversified unit mix of 2-, 3-, and 4-bedroom floor plans. Eight units are 4 bed / 4 bath layouts, supporting student rental demand. The properties are 100% occupied. The portfolio is well maintained with limited deferred maintenance, offering immediate cash flow with minimal upfront work for a new owner. The asset currently yields an NOI of $215,201.40 and an 8.78% cap rate based on the underwritten financials. Located minutes from LSU campus, the properties benefit from consistent demand from students and faculty.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,450,000 |
| No. of Units: | 18 |
| Opportunity Zone: | No |
| Price per unit: | $136,111 |
| Property Website | Click Here |
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