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12-Unit Multifamily | On-Site Laundry 3 Multifamily Properties Offered at $750,000 in Baker, LA
Investment Highlights
- Lease-up opportunity
- Additional income stream from laundromat operations, estimated at $9,600 annually.
- Individually metered utilities for water and electric, reducing owner expenses.
- Recently renovated- including major systems
- Recent capital improvements include newer HVAC systems and water heaters.
- Three 4-plex buildings with a total of 12 units and an on-site laundromat.
Executive Summary
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 $750,000, this investment provides a strong value. 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.
The property is currently 67% occupied, with 8 of 12 units leased. Three 3BR/1BA units were recently leased at $950/month, demonstrating lease-up momentum and supporting the pro forma rent assumptions. Current in-place rent is approximately $6,650/month, with additional upside through the lease-up of the remaining vacant 2BR/1BA units and continued laundromat income growth as occupancy improves currently estimated at $800 per month.
Situated on 0.84 acres (3 lots) 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.
The property is currently 67% occupied, with 8 of 12 units leased. Three 3BR/1BA units were recently leased at $950/month, demonstrating lease-up momentum and supporting the pro forma rent assumptions. Current in-place rent is approximately $6,650/month, with additional upside through the lease-up of the remaining vacant 2BR/1BA units and continued laundromat income growth as occupancy improves currently estimated at $800 per month.
Situated on 0.84 acres (3 lots) 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.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $750,000 | Number of Properties | 3 |
| Price / SF | $83.33 / SF | Individually For Sale | 0 |
| Sale Condition | 1031 Exchange | Total Building Size | 9,000 SF |
| Sale Type | Investment | Total Land Area | 0.59 AC |
| Status | Active |
| Price | $750,000 |
| Price / SF | $83.33 / SF |
| Sale Condition | 1031 Exchange |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,000 SF |
| Total Land Area | 0.59 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5071 Baker Blvd, Baker, LA 70714 | Multifamily | 3,400 SF | 1984 | - |
| 5081 Baker Blvd, Baker, LA 70714 | Multifamily | 2,800 SF | 1984 | - |
| 5087 Baker Blvd, Baker, LA 70714 | Multifamily | 2,800 SF | 1984 | - |
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12-Unit Multifamily | On-Site Laundry
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