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Property profile & analytics
OFF-MARKET
Apartment buildings

4324/4326 Kerrit Dr Baton Rouge, LA 70814

1,680 SF
Property ID
Property summary
AI-generated overview

This attractive Baton Rouge investment opportunity presents a two-unit apartment building located at 4324/4326 Kerrit Dr, Baton Rouge, LA 70814. The property boasts a total of 1,680 square feet, with each unit featuring two bedrooms and one bathroom. Both units are currently rented, generating consistent income. One tenant is enrolled in a federal 40-year rental assistance program, guaranteeing rent payments and partial coverage during vacancies. This program is transferable to a new owner, offering financial security and flexibility. The property includes eight parking spaces. The building underwent renovations in 2021. Tenants are responsible for their own water and electricity. The asking price is $150,000, translating to a price per square foot of $94.94. Further details on the rental assistance program are available in the provided documentation. Showings are by appointment only. The property's APN is 69. This is a turnkey investment opportunity with strong rental income and potential for future growth.

Property profile
Verified
Property type Apartment buildings
Total area 1,680 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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