3250 Carlotta St Baton Rouge, LA 70802
This exceptional investment opportunity presents a portfolio of two multifamily properties totaling 14 units, ideally situated in Baton Rouge's Northgate area, near LSU's campus. The portfolio comprises three buildings, each two stories high, offering a mix of 8-plex and 6-plex configurations at 3250 and 3270 Carlotta Street, respectively. Currently boasting 100% occupancy with annual leases, this Class B property presents a strong cash flow with a 6.00% cap rate and an asking price of $2,100,000, or $145,000 per unit. The properties are zoned A3 and feature a convenient location close to historic restaurants and attractions, ensuring high demand and consistent rental income. The portfolio's strong performance and prime location make it an attractive investment for those seeking a stable and profitable venture in the thriving Baton Rouge student housing market. The property's APN is 008-1223-4. This is a turnkey operation ready for immediate income generation.
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Amanda Stead Physician
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
Similar Nearby for Sale
Similar Nearby for Lease
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.