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$ 499,889
Est. payment /mo
Price Dropped by $200K
TBD Brookstown Dr Baton Rouge, LA 70805
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Active
Purchase Type For Sale
Subdivision Fairview Acres
MLS Listing ID 2026008589
Property Sub-Type Apt Complex (5+ Units)
Property Description
Rare opportunity to acquire a multi-property investment portfolio featuring a mix of multifamily and commercial assets. Portfolio includes: 4171 W Brookstown (Parcel 399930) – 16 units (8 – 2BR/1BA, 8 – 1BR/1BA) Adjacent Vacant Lot (Parcel 399949) – 42 x 115 5659 Prescott Rd (Parcel 399973) – 8 units (4 – 2BR/2BA, 4 – 1BR/1BA) 5661 Prescott Rd (Parcel 399922) – 8 units (4 – 2BR/2BA, 4 – 1BR/1BA) 5725 Prescott Rd (Parcel 463175) – commercial building (~2,000 sq ft) Adjacent Commercial Lot (Parcel 463167) – 50 x 190, zoned commercial All properties must be sold together. Properties require full renovations and present a strong value-add rental investment opportunity with significant upside potential. All units provide ample parking space. There is also a washeteria . Buildings are currently boarded, and seller will be responsible for unboarding—serious buyers only. Seller is motivated but will not consider low or unrealistic offers. Interior access will be granted after an accepted offer, contingent upon inspection, along with submission of proof of funds or a bank pre-approval letter for a construction/renovation loan. Measurements are not warranted by owner or realtor.
Location
State LA
County East Baton Rouge
Interior
Heating None
Cooling None
Appliance Electric Cooktop
Exterior
Garage Spaces 32.0
Private Pool false
Building
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition As Is
Listed by Keller Williams Realty Red Stick Partners
The Neighborhood
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