36-Unit Multifamily Opportunity with Assumable Note

6867 Titian Ave Baton Rouge, LA 70806

6867 Titian Ave, Baton Rouge, LA, 70806
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,600,000
Last Verified:
Dec 01, 2023

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Highlights

  • 97% Occupied
  • Asset has an assumable loan – Contact broker for details
  • Large parking lot wrapping around the complex
  • ±5 Minute access to Florida Blvd at Airline Hwy

Description

6867 Titian Ave is a 36-unit apartment complex named Pelican Point.

The complex is currently 97% occupied.

Asset has an assumable loan – Contact broker for details.

The property is comprised of (6) 1 bd / 1 ba units, (22) 2 bd / 1 ba units, and (8) 3 bd / 2 ba units.

The current owner collects additional income through the laundry machines.

There is a large parking lot wrapping around three sides of the apartment building.

The property is strategically located in a growing area, just ±5 minutes from Florida Blvd at Airline Hwy and the new ±3,500,000 Amazon distribution center.

***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Lots 234, 235, 236, 237

Building Size: 1sq ft
Lot Size: 1.03 acres

Map of 6867 Titian Ave, Baton Rouge, LA, 70806

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