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1084 Monet Dr
Baton Rouge, LA 70806
Multifamily Property For Sale
·
28 Units
Investment Highlights
- New life-time white Elastomeric roof installed in 2016
- New Leased Laundry Room 2020
- Certified by the Fire Department for Fire Prevention Upgrades in 2017
Property Facts
| No. Units | 28 | Building Size | 28,396 SF |
| Property Type | Multifamily | Average Occupancy | 46% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1970/2019 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 1.00 AC | ||
| Zoning | A-4 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 28,396 SF |
| Average Occupancy | 46% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | A-4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
About 1084 MONET DR , BATON ROUGE, LA 70806
Property is being taken off the market to renovate a number of units, place new tenants, and stabilize the property. At very high occupancy, and rents ranging from $625-$675 a unit, the property will be worth $1,000,000. Property will be sold at the appropriate price based on occupancy and condition. Financials listed on a pro-forma basis. Property located with easy access to Airline Hwy and Florida Blvd – did not flood in 2016. New elastomeric roof 2016, new leased laundry room 2020. Separately metered, tenants pay for electricity (no gas), landlord pays for water/trash.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 26 | $637.50 | - |
| 3+2 | 2 | $687.50 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $73,500 | |
| Land Assessment | $19,600 | Total Assessment | $93,100 |
Property Taxes
Parcel Numbers
Land Assessment
$19,600
Improvements Assessment
$73,500
Total Assessment
$93,100
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