755/743 Boxelder Dr Baton Rouge, LA 70806
- Apartment buildings
- 10,047 SF
Current Use by Public Records
- Apartment buildings
Property Details for 755/743 Boxelder Dr
- Property size
- 10,047 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a fully occupied, upscale four-plex apartment building located in Baton Rouge, Louisiana. The property boasts 10,047 square feet of living space across four units, each with a price point of $400,000, totaling $1,400,000 for the entire complex. The building sits on a 10,150 square foot lot and includes 14 parking spaces, ensuring ample convenience for residents. Situated in a quiet neighborhood, it enjoys a prime location within walking distance of the Goodwood Library, easily accessible from Lobdell Avenue, and nestled between Goodwood Avenue and Independence Boulevard. The property is zoned A-1 and resides in a Flood Zone X. An adjacent vacant lot of 6,186 square feet is also available for purchase at $125,000, presenting a valuable opportunity for expansion or future development. The four units are located at 755 and 743 Boxelder Drive, and 7402 and 7406 Elderberry Avenue, Baton Rouge, LA 70806. The property's APN is 028-1937-7. This is a rare chance to acquire a high-performing multifamily asset in a desirable location. The 100% occupancy rate ensures immediate cash flow, making this an attractive investment for discerning buyers.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.1111
- Latitude
- 30.4428