6 Income-Producing Units in the Park Place Condominiums

1290 Park Blvd Baton Rouge, LA 70806

1290 Park Blvd, Baton Rouge, LA, 70806
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$549,000
Last Verified:
Mar 27, 2024

Highlights

  • 6 Condo units within quiet Park Place Condominiums
  • 100% Occupied
  • Current NOI of $37,619
  • All utilities covered by HOA and tenants

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.

128, 131, 132, 207, 230, 239

Building Size: 1sq ft
Lot Size: 0 acres

Map of 1290 Park Blvd, Baton Rouge, LA, 70806

Presented by:
Elifin Realty

Request additional information
Keagan Finley


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