4561 Brookstown Dr Baton Rouge, LA 70805
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 4561 Brookstown Dr
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of eight single-family rental properties situated in Baton Rouge, Louisiana. Priced at $475,000, this multifamily portfolio boasts a strong 12.29% capitalization rate and a current net operating income of $58,400. Seven of the eight units are currently occupied, demonstrating consistent rental income. The properties are strategically located within a 15-minute radius of each other, simplifying management and offering potential for future rent growth. One unit, previously impacted by flooding, has been gutted and presents a unique value-add opportunity for customization and increased rental income. Operating expenses are low, contributing to the portfolio's significant cash flow potential. All properties are individually metered for utilities, with tenants responsible for all utilities and most appliances, including air conditioning units. This portfolio is a compelling investment for those seeking a high-yield, low-maintenance rental property portfolio in a growing market. There are no Section 8 tenants. The portfolio's address is 4561 E Brookstown Dr, Baton Rouge, LA 70805.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.128340498978
- Latitude
- 30.492445116345
