2834 S SHERWOOD FOREST BLVD #F-1 Active Save Request In-Person Tour Request Virtual Tour
Baton Rouge,LA 70816
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,685 sqft
Price per Sqft $94
Subdivision Common Point The
MLS Listing ID 2024016034
Lot Size 1,698 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY! 8% Cap Rate! Tenant In Place! Located in Common Point, Suite F-1 is 1685sf, currently renting at $1600/mo. This low maintenance facility is a great starter investment. Association dues are $378/mo and include property maintenance, lawn maintenance, glass repair, roof maintenance, fire & casualty property insurance, sewer, and trash. Tenant pays for electricity. You pay for water, association fees, property taxes, and condo insurance for the interior. Buyer to uphold lease terms with existing tenant.
Location
State LA
Parish East Baton Rouge
Area Ebr Mls Area 43