3132 Wyoming St Baton Rouge, LA 70802
This exceptional 32-unit apartment building in Baton Rouge, Louisiana, presents a compelling investment opportunity. Located at 3132 Wyoming St, 70802, this property boasts a strong 87.5% occupancy rate, offering immediate cash flow and significant value-add potential. The building underwent renovations in 2021, including a complete roof replacement. Tenants enjoy the convenience of dedicated, off-street parking. Its prime location just outside the LSU campus provides access to a substantial student and staff population of approximately 42,414. The property's proximity to I-10 (approximately 4 minutes away) ensures easy accessibility for both tenants and owners. This property is also available for purchase as a package deal with two neighboring properties, adding an additional 24 units for a total of 56 units. Detailed financial information, including rent roll, income, and expense data, is available upon request. This is a rare opportunity to acquire a well-maintained, high-occupancy apartment building in a thriving market with substantial upside potential. The property's strong fundamentals and strategic location make it an ideal investment for both seasoned and emerging real estate investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.