644, 662 N Donmoor Ave

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Address: 662 N Donmoor Ave, Baton Rouge, LA 70806, USA
Created date: November 19, 2024
Date last updated: January 18, 2025
  • Recently renovated and stabilized investment opportunity
  • Includes vacant lot next door for future development
  • Upside in rents and lowering expenses
  • Proximity to Florida Blvd, Amazon, I-110, BRCC, Downtown, Airline Hwy, and more

Property Description

Now available for sale, 644, 662 N Donmoor Ave comprises 2 adjacent multifamily buildings with a total of 18 units (9 units per building). This recently renovated property is currently 83.33% occupied and offers a stabilized investment. Located in a growing Baton Rouge corridor, this investment is strategically positioned just ±5 minutes from the new 3,500,000 SF Amazon Fulfillment Center, expected to employ over 3,500 people. The area’s development has attracted national brands like Starbucks, Cane’s, and Aldi, further boosting the corridor’s appeal for residents and businesses alike. The property also has excellent access to major thoroughfares, Baton Rouge Community College, and Downtown Baton Rouge, making it highly attractive to potential tenants.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,100,000
No. of Units: 18
Lot Size: 0.75 Sq ft
Opportunity Zone: No
Price per unit: $61,111
Property Website Click Here
Address: 644, 662 N Donmoor Ave, Baton Rouge, LA 70806, USA
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