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Multi-Property Residential and Commercial Portfolio

Brookstown Dr Baton Rouge, LA 70805

Brookstown Dr, Baton Rouge, LA, 70805
$700,000
For Sale
$700,000

MULTI_FAMILY - Baton Rouge, LA

Property Size2,000 SF
Price / SF$350
Days on Market76

Property Features for Brookstown Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
32
Appliances
Electric Cooktop
Standard status
Active

Taxes and HOA fees

Tax Description
4171 W Brookstown (Parcel 399930) Adjacent Vacant Lot (Parcel 399949) 5659 Prescott Rd (Parcel 399973) 5661 Prescott Rd (Parcel 399922) 5725 Prescott Rd (Parcel 463175) Adjacent Commercial Lot (Parcel 463167)

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Building materials
Brick Siding, Brick
Listing agency Keller Williams Realty Red Stick Partners
Listed by Joy Russell · License #0000012642
Added: May 8 Updated: Jul 2 at 6:39PM Checked: Jul 22 at 4:06PM
MLS# 2026008589

Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale portfolio includes multiple parcels featuring both multifamily housing and commercial space, and all properties must be sold together. The multifamily components include 4171 W Brookstown with 16 units (eight 2BR/1BA and eight 1BR/1BA), plus 5659 Prescott Rd with 8 units (four 2BR/2BA and four 1BR/1BA) and 5661 Prescott Rd with 8 units (four 2BR/2BA and four 1BR/1BA). A second commercial component is included as a building of approximately 2,000 square feet at 5725 Prescott Rd, along with a 42 x 115 adjacent vacant lot and a 50 x 190 adjacent commercial lot (zoned commercial). The property information also notes the presence of a washeteria and that the units provide ample parking space.

The parcels are located within East Baton Rouge Parish in Baton Rouge, LA, including Brookstown Dr and Prescott Rd addresses listed in the offering. The buildings are currently boarded, and the seller will be responsible for unboarding prior to delivery for serious buyers, with interior access granted after an accepted offer contingent upon inspection.

This package is suited to buyers seeking a renovation-driven portfolio with both rental housing and commercial square footage. The seller indicates that full renovations are required, and the offer process includes submission of proof of funds or a bank pre-approval letter for a construction/renovation loan. Measurements are not warranted by the owner or realtor.

Key Highlights

  • Multi‑property portfolio sold together: includes two multifamily buildings, a commercial building, and adjacent lots.
  • 4171 W Brookstown (Parcel 399930) offers 16 units: 8 two‑bedroom/1‑bath and 8 one‑bedroom/1‑bath.
  • 5659 Prescott Rd (Parcel 399973) and 5661 Prescott Rd (Parcel 399922) total 16 multifamily units: each has 4 two‑bedroom/2‑bath and 4 one‑bedroom/1‑bath.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.9k $22.44
− Vacancy −$175 −$0.09
EGI $44.7k $22.35
− OpEx −$13.4k −$6.71
NOI $31.3k $15.65
2,000 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%

Alternative Uses

Best Use
Retail
$447.0K
$391.2K – $521.6K (±1% cap)
NOI $31,293 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K (±1% cap)
NOI $18,312 @ 7.0% cap · market cap 2.62%
Theoretical Best
Specialty Retail
$479.0K
$419.1K – $558.8K (±1% cap)
NOI $33,529 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Apartment building - Portfolio combines multifamily units and commercial space, with ample parking, and requires full renovations to be brought back to use.
Where is this apartment building located?
The property is located at Brookstown Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Multi‑property portfolio sold together: includes two multifamily buildings, a commercial building, and adjacent lots.; 4171 W Brookstown (Parcel 399930) offers 16 units: 8 two‑bedroom/1‑bath and 8 one‑bedroom/1‑bath.; 5659 Prescott Rd (Parcel 399973) and 5661 Prescott Rd (Parcel 399922) total 16 multifamily units: each has 4 two‑bedroom/2‑bath and 4 one‑bedroom/1‑bath.
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