12-Unit Multifamily | On-Site Laundry 3 Multifamily Properties Offered at $855,000 in Baker, LA

Baker Trails presents a 12-unit multifamily portfolio consisting of three 4-plex buildings and an on-site laundromat with eight machines. Offered as a package at $855,000, this investment provides a compelling value-add opportunity in East Baton Rouge Parish. The property features a mix of two- and three-bedroom units, with recent renovations to all downstairs units, including new cabinets, doors, sheetrock, electrical panels, and wiring. Each unit is individually metered for water and electric, and all central HVAC systems have been replaced within the past five years, along with newer water heaters.
Current occupancy is approximately 42%, creating significant upside through lease-up and operational improvements. In-place rents generate $3,800 per month, while pro forma projections estimate $10,300 per month upon stabilization, equating to $123,600 annually. Additional income potential exists through the on-site laundromat, estimated at $800 per month, with further growth as surrounding properties increase occupancy.
Situated on 0.84 acres with ample parking and public utility access, this portfolio offers investors a strong repositioning play in a market with rising demand for affordable housing.
In-place and pro forma rent roll summary and offering memorandum available. Showings by appointment only, do not disturb tenants.