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Property profile & analytics
OFF-MARKET
Apartment buildings

755/743 Boxelder Dr Baton Rouge, LA 70806

10,047 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 10,047 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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