24-Unit Apartment
7272 Burbank Drive, Baton Rouge, LA 70820
For Sale
$2,490,000
The property combines updated residences with units requiring rehabilitation, alongside private outdoor areas and individually metered utilities.
Property Size28,900 SF
Days on Market8
Property Features for 7272 Burbank Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Opportunity Zone
Amenities
dual balconies
private fenced patio
private parking
Building Details
Building Size
Year Built
Listing Agency:
The Southern Homes Real Estate Team
Listed By:
Cassandra Bond
(225) 317-0204
Source:
Talbot-realty
Added: Nov 6
Changed: Nov 12
Last Checked: Nov 12 at 4:14AM
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 The Southern Homes Real Estate Team
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Investment Insights
Based on property information with market context.
The 2006-built property is a 24-unit condominium community offered together as one portfolio. Each residence has three bedrooms and two bathrooms, front and rear balconies, and a fenced private patio. Utilities are individually metered. Twelve units have undergone renovations that include new electrical systems, plumbing updates, and new HVAC equipment; the other 12 require varying degrees of rehabilitation. The roof was replaced two years ago.
The community is in a designated Qualified Opportunity Zone. An established homeowners association is in place, and the buyer may take control of its board. The portfolio is located on Burbank Drive in Baton Rouge, near Louisiana State University. Private parking serves the community.
The community is in a designated Qualified Opportunity Zone. An established homeowners association is in place, and the buyer may take control of its board. The portfolio is located on Burbank Drive in Baton Rouge, near Louisiana State University. Private parking serves the community.
Key Highlights
- 24 condominium residences, each with 3 bedrooms and 2 bathrooms
- 12 renovated units with new electrical systems and HVAC, plus plumbing updates
- 12 additional units require varying levels of rehabilitation
Property Analytics
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Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
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Business Placement
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
$293,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Baton Rouge, LA
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines updated residences with units requiring rehabilitation, alongside private outdoor areas and individually metered utilities.
Where is this apartment building located?
The property is located at 7272 Burbank Drive Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: 24 condominium residences, each with 3 bedrooms and 2 bathrooms; 12 renovated units with new electrical systems and HVAC, plus plumbing updates; 12 additional units require varying levels of rehabilitation
