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Listed byService 1st Real Estate • Antonio Cousin • 225-503-2525
$ 600,000
Est. payment /mo
Active
6869 REMBRANDT AVE Baton Rouge, LA 70806
8,940 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,940 sqft
Price per Sqft $67
MLS Listing ID 2026013316
HOA Y/N No
Year Built 1978
Annual Tax Amount $12,551
Acres 0.19
Lot Dimensions 110x164
Property Sub-Type Commercial
Source ROAM MLS
Land Area 8940
Property Description
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.
Location
State LA
County East Baton Rouge
Area 0.19
Direction Florida Blvd to N Donmoor Ave, left on Rebrandt, Property on the Right
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 16.0
Utilities Available Natural Gas Not Available
Roof Type Composition
Total Parking Spaces 16
Garage No
Building
Foundation Slab
Water Public
New Construction No
Others
Tax ID 515639
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