6869 Rembrandt Ave,Baton Rouge,East Baton Rouge,70806
6869 Rembrandt Ave Baton Rouge, LA70806
By Antonio Cousin.Service 1st Real Estate
Phone (504) 220-7297
For Sale . Commercial Sale
$600,000
$600,000
$600,000
For Sale . Commercial Sale
$600,000
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Home Details
Shiloh Apartments presents an opportunity to acquire a 14-unit multifamily property in Baton Rouge, Louisiana (approx $43k per unit). The property consists of six (6) 2-bedroom/1-bath units and eight (8) 1-bedroom/1-bath units totaling approximately 8, 970 square feet. The property is currently in a lease-up and stabilization phase, creating a strong value-add opportunity for investors seeking upside through increased occupancy and operational improvements. Recent leasing activity has already improved occupancy, with current in-place rents demonstrating continued rental demand in the area. The property offers investors the ability to add value through leasing vacant units and streamlining operations. There is a laundry room onsite that is currently not being used.
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