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Townhome-Style Four-Plex Portfolio
For Sale
Contact for pricing
Pending

12022 12021 12051 Province Place, Baton Rouge, LA 70816

Portfolio includes three four-plex buildings totaling 12 townhome-style units with washer/dryer hookups.

Property SizeContact for details
Days on Market147

Property Features for 12022 12021 12051 Province Place

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: CBRE - Baton Rouge
Listed By: Christopher Gremillion · License #LA SALE.0995683909-ACT
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 2 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Baton Rouge

Investment Insights

Based on property information with market context.

This Province Place portfolio includes three four-plex buildings totaling 12 multifamily units. The units are townhome-style with approximately 2-bedroom, 1.5-bath layouts and washer/dryer connections. Tenant-paid utilities include electricity and cable, while the landlord pays water, sewer, and trash.

As of February 2018, the property reported 92% occupancy with one vacant unit. Most leases are month-to-month, providing flexibility for the next owner. All units are being sold as a package. The property experienced flooding in August 2016, and flood insurance has been accounted for in the underwriting.

Key Highlights

  • Province Place portfolio: three four‑plex buildings with 12 multifamily units total
  • All units are +/− 1,000 SF 2Br/1.5Ba townhome‑style layouts
  • Washer/dryer connections in all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Gym & Fitness Center Restaurant (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby

Demographics for 70816, LA

45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Portfolio includes three four-plex buildings totaling 12 townhome-style units with washer/dryer hookups.
Where is this quadplex located?
The property is located at 12022 12021 12051 Province Place Baton Rouge, LA.
What are key features of this property?
This property features: Province Place portfolio: three four‑plex buildings with 12 multifamily units total; All units are +/− 1,000 SF 2Br/1.5Ba townhome‑style layouts; Washer/dryer connections in all units
(225) 952-1255 Call to check price and availability
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