Louisiana Multi-Family For Sale

3-A (325 E State St) 4-A (339 E State St) 5 (345, 349 E State St) Now available for sale, this portfolio includes 3 adjacent properties at the LSU Northgates on E State St. All of the portfolio units are comprised of 1 bed / 1 bath. All 3 properties are currently 100% occupied. The properties include ample off-street parking. The portfolio currently has numerous long term tenants paying below market rate creating the opportunity to increase rents. All tenants pay their energy. Currently, the landlord covers all water / sewer. All of the units have central A/C with the exception of 1 unit. All units use on-site coin operated laundry facility. 325 E State St is a 6-plex. The interiors have been updated over the last few years and there are 3 brand new A/C units. 339 E State St is a single-family home transformed into a fourplex. 345-349 E State St is comprised of a fourplex and a single family house. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Offering Memorandum” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Downtown *************************To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.************************* Do Not Enter Property or Contact Tenants for any reason. This multifamily portfolio in the Historic Spanish Town Neighborhood consists of 11 units distributed between 4 buildings: two 4-unit apartment buildings joined by a catwalk (615 Spanish Town Rd), a single-family home (630 Lakeland Dr), and a duplex (located on the southern portion of the lot at 630 Lakeland Dr). The property is spread between two adjacent lots that stretch an entire block from Spanish Town Rd to Lakeland Dr, between N 6th St and N 7th St. Both the apartment buildings and duplex are two stories and are accessed from Spanish Town Road, with off-street parking for each. The single-family home faces Lakeland Dr and consist of 3 bedrooms & 2 bathrooms, totaling ±1,700 SF. 615 Spanish Town + Duplex: All 10 apartment units have central A/C, and 8 of the 10 apartments have in-unit washer/dryer. Some renovations have been completed on 8/10 of the apartment units, including a complete renovation to Unit 1. The roof is an estimated 12 years old. Landlord pays water, sewer, gas, and common area electric. Tenants pay their own electric, and a portion of utilities for 9&10 is split with 630 Lakeland Dr. 630 Lakeland Dr: Roof is an estimated 9 years, and the home has central A/C. Tenant is going into their 3rd year. Landlord pays water & sewer. Tenant pays electric & gas.

Completely Renovated in 2019. All four units are townhouse style 2 bedroom 1.5 bath and rented at $800 monthly with long term tenants. Tenants pay all utilities. Renovations included hardee plank exterior, all lighting is LED inside and out, all floors upgraded to luxury vinyl tile planks, all new kitchen cabinets, new main electric meter pan, new appliances, painted inside and out. Roof replaced with architectural shingles in 2021. Currently under professional property management. Located in Flood Zone X. Contact agent for additional information. Seller is a licensed Realtor in Louisiana. New Roof Recently Renovated LED lighting No Carpet $3,200 mo income

- The properties in this portfolio present a value-add opportunity through cosmetic and amenity upgrades. Each of the five apartment buildings in this portfolio are all located in the same neighborhood, Tigerland Acres. The properties each include ample off-street parking. The properties are located just ±1 mile off of LSU Campus, presenting the opportunity to capitalize on the student and staff population of ±42,414. The property is located on ±10 minutes away from Downtown Baton Rouge.

- This portfolio includes four adjacent fourplexes on N Donmoor Ave. The units are currently 80% occupied. The properties in this portfolio present a value-add opportunity through cosmetic and amenity upgrades. The properties include ample off-street parking. The properties are located less than a mile from Florida Blvd and its numerous amenities, including Bon Carré Technology Park, Milton J. Womack Park, BREC, the Texas Club, and more. The properties enjoy 4 minute access to Airline Hwy, 10 minute access to Downtown Baton Rouge and I-110, and 12 minute access to I-10 and I-12.

- Currently the complex operates with below market rents, opportunity for raising rents in the future. The property is located ±2.0 miles away from LSU Campus and presents the opportunity to capitalize on the University's population of ±35,914 students and ±3,812 staff members. The property includes a coin-operated laundry room, offering the potential for extra income. The property is also conveniently located just 10 minutes away from Downtown and Baton Rouge and I-10. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click the "Documents" tab and open the “Offering Memorandum." From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

- This extremely well-located apartment complex in Mid City sits just a few feet off Government St, east of Jefferson Hwy. Multiple units have undergone total renovations including new paint, new flooring, upgraded bathrooms with marble tiling, and new kitchen upgrades. One of the buildings has a new roof. The property is wired for Cox internet / cable. The 24 units are spread between 3 two-story buildings with a central parking lot and multiple access points from Apartment Court. A handful of parking spaces are covered and there is on site laundry in the center of building 2. Unit mix for the property is 16 2 bed / 1 bath and 8 1 bed / 1 bath units. Mid City is a booming submarket of Baton Rouge with numerous restaurants, retail shops, and businesses opening their doors over the last few years. Residents continue to flock to the area seeking residence as they enjoy all Mid City has to offer. ******To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.******

- This 40-unit multifamily portfolio consists of 7 different properties all in Ascension Parish. Six of the properties are located in Gonzales, LA and are all located within 10 minutes of one another. The seventh is in Prairieville, LA and only 18 minutes from the other properties. The portfolio consists of 9 buildings totaling 30,800 rentable square feet. It consists of duplexes, fourplexes, and apartment buildings. Portfolio is 100% occupied.

13155 Hwy 66 *****No tours or drive-ins without an appointment***** ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Bayou Creek RV Park is located on Highway 66 (Tunica Trace) in the beautiful hills of Saint Francisville near the Tunica Hills Wildlife Management Area. Bayou Creek is an established RV park with a website: (http://bayoucreekrv.com/) , google business page, Facebook page: (https://www.facebook.com/bayoucreekrvpark/), and over 65 "5-star" reviews. The 5.5-acre property is comprised of 25 RV spaces, 5 RV spaces with rental RVs in place, a 30'x80' commercial building converted to residential home with master addition totaling ±2,704 SF, structural slab for 3-car garage, commercial sewage treatment plant (6,000 gal), men/women restrooms, and commercial laundry. The property is currently operating and will be turn-key for new ownership with supplies and equipment remaining. Tenants are industrial plant workers, who enjoy the quiet setting while also being in close proximity to the plants.

New Orleans ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Bedford Place Apartments is a 26-unit complex located just off Interstate 10 near Lake Pontchartrain. It sits at the end of Huntington Park Drive among a residential neighborhood and two other multifamily developments off Crowder Blvd. The complex consists of two buildings in u-shaped configurations surrounding a center parking lot. The entrance drive, parking lot, and sidewalks are in excellent condition and the layout of the property helps discourage non-resident traffic. A piece of excess land on the southwest portion of the property is also included, totaling approximately ±13,200 SF. This land is currently cleared and partially paved. There are four large units that are 2,200 SF and feature a 2-car garage. All remaining units are 2 bed / 1.5 bath in two-story configuration and 1,100 square feet in size.

Located on Hwy 75 in Carville LA, south of St. Gabriel and close to the Mississippi River ****To access the FINANCIALS (rent roll, income, expense, etc.), please click the “Documents” tab above the listing photo. Then, click on “Offering Memorandum”. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.**** Property Summary: - 10 Apartment Buildings - 40 Units - 1 Office Building, 1 Storage Building - All units 3 Bedroom / 2 Bathroom - 36,480 Rentable SF - Current occupancy: 90% - Below Market Rents Location Summary: - Located near the Mississippi River in Carville, LA on Hwy 75. - Carville is located ±30min south of Baton Rouge, LA (State Capital), and ±15 min west of Interstate 10 at Gonzales, LA. - The surrounding area is mostly residential and rural, with some industrial plants along the Mississippi River.

An extraordinary French Quarter opportunity! The original row of five circa 1860 two-story buildings at 930-40 Chartres Street is combined with the adjacent circa 1835 two-story building at 926-28 Chartres Street to form a French Quarter developer’s dream. The first floor is now comprised entirely of garage parking for up to 37 cars. The second floor of 926-28 Chartres has two newly renovated apartments of 1,260 SF and 1,361 SF (includes 3rd floor dormer area). The second floor of 930-40 Chartres St. has an expansive 4,150 SF owner’s unit and a separate 1,192 SF rental apartment with an 1,180 SF outside patio. The buildings are wrapped by magnificent covered galleries with stunning views of the Vieux Carré Existing plans have also been drafted by Williams Architects to add two additional residential apartments of 993 SF and 945 SF with an outdoor patio above the rear of the first floor parking garage at 926-28 Chartres Street. There is also an expansive existing roof deck above the 930-938 portion of the complex. The entire property is in excellent condition. Complete renovations have just been finished to the apartments at 926-28 Chartres Street,with a new roof and new 1400 lb passenger elevator serving those units having just been installed as well.

From Gardere, turn on Ned Ave. Property is on the left side of Ned Recently renovated fourplex for sale. All apartments are two bedroom two full baths. Washer/dryer connections in all apartments. Roof replaced 2016. Large rear yard. Professionally managed. Tenants pay electric, water, sewer. Current rents are as follows. A-$650, B-600, C-$650, D-$600.

Located in the Garden District area, blocks away from Government Street. This is a historically strong and safe rental market. This is a perfect opportunity to purchase a revenue generating property in the Garden District. This 4 unit building is approximately 3,682 square feet and located on Rittiner Drive just 4 blocks from Government Street. With close proximity to St. Joseph’s Academy and Catholic High in a historically strong and safe rental market, this is a phenomenal opportunity to acquire your first multi-family rental property or an excellent addition to your investment portfolio.

Located in the Garden District in the Rittiner Terrace subdivision. Near the corner of Rittiner Dr and Myrtle Ave. With a great location in the Garden District and just a few blocks from Government Street in Mid City this multifamily property has strong rental appeal. It is located in a historically strong rental market near the corner of Rittiner Dr and Myrtle Ave. The building has completely updated kitchens in all units and is currently 75% occupied. It is two stories and ±3,600 SF in total size. All units are 2 bed / 1 bath and there is ample parking for tenants in the rear limestone parking lot.

This portfolio is located on Dodson Ave and Janet Dr just south of LSU Campus and one block north of Burbank Dr. Property Summary: 100% Occupied 29 Units in 5 Buildings All buildings on adjacent properties on Dodson Ave and Janet Dr Mix of 1, 2, 3 bedroom units Location Summary: The block where this portfolio sits is 1 block away from the southern edge of LSU's Campus and 1 block north of Burbank Dr. All properties surrounding this portfolio are multifamily residential. There is a mix of older multifamily properties and new apartment developments in the immediate proximity of the portfolio. There is also a strong retail corridor just south of the property where tenants and locals regularly shop, play, and eat. Investment Summary: Pro Forma Cap Rate: 7.14% ProForma NOI: $267,596.72

Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This portfolio contains 12 units in 3 separate buildings, with a mix of one and two bedroom units. The tenant base is primarily students, and two of the units are currently being used as Airbnb rentals. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.

Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily property provides a perfect opportunity to acquire a multifamily asset in a high-demand area. This property consists of 4 units, all two bedroom / one bath units. The tenant base is primarily students. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property a desirable opportunity for potential investors. The property can also be purchased as part of a larger multifamily portfolio in this area. Listed separately. Virtual tour of Unit H: https://my.matterport.com/show/?m=6WbHiqKNHHU Virtual tour of Unit S: https://my.matterport.com/show/?m=A3wFWww6KJv Virtual tour of Unit M: https://my.matterport.com/show/?m=QjSSGz8f8yy

Located at the corner of Earl Gros Ave and Jay Hebert Dr in the Tigerland Acres subdivision. This multifamily fourplex, located in Tigerland just south of LSU's campus, is 100% occupied and would be an excellent revenue-generating addition to an investor's portfolio. The current owner has made upgrades to the interiors of the units and has maintained the property well. Three of the four AC units for the property are new. The property also has additional security upgrades including door locks with tenant-specific key codes and floodlights that automatically turn on at dusk. The property, and the entire Tigerland area, has strong historical occupancy rates of primarily students and young families. No showings without an accepted Purchase Agreement.

Audubon Place Apartments is an extremely well maintained, 32 Unit, Community located in the City of Thibodaux, LA. Each of the 3 buildings are of concrete panel construction, metal "r-panel" roofing, with brick and stucco facades. The property is one-quarter mile from Nicholls State University and its current tenant mix is less than 20%, college students. The community sits on approximately 2 Acres with ample room to construct additional units. As per ESRI, the median household income is $49,595 and the population is approximately 49,059. Property manager lives on-site. Audubon Place has a very low vacancy! Please use the website to access the deal vault for additional information and Proforma. http://properties.latterblum.com/103-Alice-Thibodaux-Multifamily-32Unit-Audubon

Conveniently located a few hundred feet off of Hwy 44 (N Burnside Ave) and just north of where Hwy 44 intersects with Airline Hwy, this complex is less than a mile from planet fitness, a movie theater, a bowling alley, Walgreens, CVS, and a whole host of shopping, dining, and entertainment options. The closest major grocery stores, Rouses and Walmart Supercenter, are a short 5 minute drive from the complex. This apartment complex lies within the highly regarded Ascension Parish School District and the specific school zones are G. W. Carver Primary School, Gonzales Middle School, and East Ascension High School. Ascension Townhomes, located in the fastest growing parish in the state, is now available for sale. This 48-unit complex is an excellent opportunity with potential upgrades available for the future owner to increase rents and keep expenses low. The complex is located less than a mile from Airline Hwy and sits near a Planet Fitness, a movie theater, a bowling alley, and other retail centers. With strong historical occupancy and below-market rents, Ascension Townhomes provides an appealing investment opportunity in Ascension Parish.

Perfectly situated just a short two mile drive from Louisiana State University, this portfolio consists of multifamily housing geared toward university students. The portfolio of properties are off of Brightside Drive which contains a mixture of single family neighborhoods, multifamily housing, and commercial developments. The subject portfolio is just one mile away from the new Arlington Marketplace development anchored by Rouses Supermarket along with a number of small restaurants, fitness centers, and coffee shops. This portfolio of apartments totaling 20 units is comprised of 60 bedrooms and boasts consistent, immediate cash flow. The property is located just minutes from Louisiana State University and has historically achieved high occupancy with a tenant base primarily made of LSU students. Consisting of seven duplexes, one fourplex, and two condominium units on Brightside View Drive, this portfolio has little to no deferred maintenance and would be an incredible opportunity for an investor looking to generate profit with minimal upfront work. The portfolio has a diversified unit mix ranging from two-bedroom to four-bedroom units to appeal to any tenant's needs. Please view our Marketing Brochure for more information. Portfolio being sold as a package deal. Property walk-throughs and inspections will be available upon an accepted purchase agreement. Virtual Tour (Photos): https://players.cupix.com/p/cDgbx8lU

Wyoming St runs parallel to Nicholson Dr near the north border of LSU's Campus. This property is located at the southern end of Wyoming St at the corner of Wyoming and W Chimes St. Situated in the heart of the recently revitalized Nicholson Gateway Corridor, this 22-unit complex presents an excellent opportunity to acquire a multifamily asset adjacent to LSU. Each two bed, one bath unit features recently updated interiors and overlooks a beautiful courtyard with a pool. Take advantage of an opportunity to acquire a revenue generating asset next to a campus of 25,000 students.

Located on E State St between Highland Rd and Dalrymple Dr. Located at the Northgates of LSU and just a short walk from several popular restaurants and retailers, this multifamily portfolio provides a perfect opportunity to acquire a multifamily asset. This property is made up of 8 units - the property contains 4 units upstairs and 4 units downstairs. All units are 1 bedroom/1 bathroom units. Currently there is one vacancy at the property. Little to no deferred maintenance, a low expense to income ratio, and strong historical occupancy make this property portfolio a desirable opportunity for potential investors.

Located between Plank Rd and N Foster Dr in Baton Rouge, LA.

This property is on E. State St. near the intersection of Highland Rd. Part of the North Gate neighborhood steps away from LSU's campus. Rare redevelopment opportunity near LSU. Located in a brand new Opportunity Zone. This property is located steps away from LSU's campus as part of the thriving North Gates neighborhood. Units in need of total rehab or tear down with a majority of the value in the land and location. Currently four apartment buildings with a mix of studio and larger units. Perfectly positioned for student housing and would be an excellent site to tear down the existing structures and build brand new facilities. Opportunity Zone location results in multiple investor benefits.

Highway 1 at Dixie Blanchard Road, just northwest of new I-49 interchange Commercial Acreage and Mobile Home Park Available For Sale

Located on Jasper Avenue. Multifamily residential building with 4, 2 bedroom 1.5 bathroom units available for sale in the Gardere area. Building needs work, but is equipped with a new 30 year roof. Great opportunity for entry level or seasoned commercial real estate investor to obtain a high rate of return with low start up capital. Neighborhood rent for comparable units are in the $700-$900/month range.

Close proximity to I-110, Hwy. 90 and Baton Rouge Airport (BTR) offering easy access to area employment and amenities. Subject property is located minutes from CBD, Southern University, Baton Rouge Community College (BRCC) and Louisiana State University (LSU). The property is being offered as a Note Sale via www.Ten-X.com. Opening bid will start at $300,000. The non-performing loan is secured Elm Grove Gardens, a multifamily property built in 1968 and located in Baton Rouge, Louisiana, minutes west of the Baton Rouge Airport and a short drive north of Downtown Baton Rouge (CDB). Elm Grove Gardens is an 84-unit project previously under a HAP contract covering 100% of the units. The HAP contract has been abated and this is now a market-rate property. Of the eighty-four (84) units, twenty (20) are two bedroom / one bathroom units and the remaining sixty-four (64) units are three bedroom / one bathroom units. The two-story, garden-style project is situated on 5.70 acres and is comprised of eight (8), two-story buildings. The improvements consist of wood frame construction, brick veneer exterior, and pitched, asphalt shingle roofs. Site amenities include a manager's office, laundry facility and a centralized, covered pavilion. Apartments feature a refrigerator, stove, tub/shower combination, vinyl flooring and painted sheetrock / vinyl paneling. Recent improvements include repair and replacement of sidewalks, roof work, HVAC repair and replacement and renovation of existing apartment units. Auction Link: https://www.ten-x.com/commercial/listing/8770-elm-grove-garden-dr-baton-rouge-la-70807/1000009423/

Duplex located on Rittiner Dr in Mid City; close to St. Joseph's Academy and Catholic High. Major cross streets nearby are Kleinert Ave and S Eugene St. Great investment opportunity in the Mid City area! Both units are 3 bedroom, 1 bath flats. Property has been well maintained by the current owner. *Top unit is leased until Jan 2019 for $1150/month. Bottom unit is leased until November 2019 for $1050/month. *Showings are only approved upon accepted purchase agreement with proof of funds / pre-approval letter.

Located on Prescott Rd near W Brookstown Dr Investment opportunity. 24 unit apartment complex available for sale on Prescott Rd., near W. Brookstown Dr. All units are 2 bed / 2 bath Contact listing agent for more details. Please do not call or visit the property without first speaking with and getting approval from listing agent. Building square footage is only an estimate. Neither Seller nor Broker makes any representations as to its accuracy.

Located in Thibodaux, LA just outside of the Nicholls State University campus. The close proximity to Nicholls State adds the potential for a student living complex. This 5 unit apartment complex consists of 3 2-story units and 2 1-story units. The property is currently in need of a renovations, which makes this a great purchase for an investor who is looking for a value-add investment with huge upside potential.

1825 Main St located in Franklin, LA is a 9,001 square foot Other Commercial, Improved Residential Inventory property that was built in 2019.This property is situated on a 1.16 acre land parcel.The property is being offered at the following list price: $1,478,735 at a Cap Rate of 7% with an estimated NOI of 103,511.Offered by Josh Bishop.

Town-Homes in Premier Golf Community of Carter Plantation. Units have view over 15th hole. Town-Homes in the Premier Golf Community of Carter Plantation. This sale is for six lots (units). Each unit has high ceilings, open floor plan, designer fixtures, great workmanship, parking in garage for vehicle and golf cart, additional parking space in driveway, alarm system, pre-wired cable TV and phones, central heat and A/C, covered porch and patio, sodded and fence in yard. As well as a view to the golf course 15th hole. 24007-24027 Panther Road (lots 1-6). Currently all units but one are occupied.