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Property profile & analytics
OFF-MARKET
Commercial real estate

3132 Wyoming St Baton Rouge, LA 70802

1 SF
Property ID
US36-1016116
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 1 SF
UPID US36-1016116
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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