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16-Unit Multifamily Portfolio
New
For Sale
$1,170,000

16-1629 Starboard Dr, Baton Rouge, LA 70820

Four fourplex buildings provide washer and dryer connections in every apartment, with utility costs paid by residents.

Property Size17,184 SF
Price / SF$68.09
Days on Market6

Property Features for 16-1629 Starboard Dr

General Information

Standard status Active
Size 17,184 SF
Property subtype Residential Income
Occupancy 95%

Financials

Asking Price $1,170,000
Gross Income $139,500

Additional Details

Multifamily Units 16

Amenities

washer & dryer hookups

Building Details

Buildings 4
Listing Agency: KW Commercial Baton Rouge
Listed By: David Vercher · License #70595
Source: Exprealty
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 19 at 7:24AM

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 KW Commercial Baton Rouge

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Investment Insights

Based on property information with market context.

This 16-unit multifamily portfolio comprises four fourplex buildings. Every apartment has washer and dryer hookups, and residents pay all utilities. Most roofs are approximately two years old or newer.

The properties are located in South Baton Rouge, approximately 3 miles south of LSU. The portfolio is offered as a whole or as individual properties.

Key Highlights

  • 16 apartments in four fourplex buildings
  • 94.7% current occupancy
  • Approximately 3 miles south of LSU

Property Analytics

Lease Details

16
Residential units
94.7%
Occupancy

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby

Demographics for 70820, LA

23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four fourplex buildings provide washer and dryer connections in every apartment, with utility costs paid by residents.
Where is this multifamily property located?
The property is located at 16-1629 Starboard Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: 16 apartments in four fourplex buildings; 94.7% current occupancy; Approximately 3 miles south of LSU
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