1290 Park Blvd

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Address: 1290 Park Blvd, Baton Rouge, Louisiana, US
Created date: February 23, 2024
Date last updated: April 16, 2024
  • 6 Condo units within quiet Park Place Condominiums
  • 100% Occupied
  • Current NOI of $37,619
  • All utilities covered by HOA and tenants

Property Description

Six units within Park Place Condominiums are now being offered for sale as a package. The units are currently 100% occupied. The units are immediately income producing with leases in place through May 2024. The portfolio has a Current NOI of $37,619. All utilities are covered by the complex HOA and the tenants. Tenants pay the electric bill and HOA pays water, wastewater, trash, cable tv, and internet. The complex is equipped with an electric gate and ample off-street parking.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $549,000
No. of Units: 6
Opportunity Zone: No
Price per unit: $91,500
Property Website Click Here
Address: 1290 Park Blvd, Baton Rouge, LA 70806, USA
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