4561 E Brookstown Dr

• 8 single-family rental properties across Baton Rouge, LA
• 7/8 of the properties are currently occupied – Current NOI of $58,400
• Low expenses, cash flow potential, and room for value-add
• Located within a ±15-minute radius

Property Description

Now available for sale, this multifamily portfolio consists of 8 single-family rental properties across Baton Rouge, LA. 7 of the properties are currently occupied. Under current occupancy and rental rates, the portfolio generates a net operating income of $58,400. The portfolio features a 12.29% CAP rate, low expenses, and cash flow potential, with room for value-add opportunities at all properties. One unoccupied property, which was gutted after the 2016 flood, is primed for build out and customization. All properties are located within a ±15-minute radius of each other, providing operational convenience for management and potential rent growth in the area. No section 8, tenant responsible for all utilities, tenant responsible for most appliances including A/Cs.