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3250 Carlotta St 3250 Carlotta St 8 Unit Apartment Building $1,700,000 ($212,500/Unit) Baton Rouge, LA 70802
EXECUTIVE SUMMARY
Located at 3250, 3270 Carlotta Street, this 14-unit multifamily opportunity features stabilized income and a strategic location within LSU Campus.
The portfolio currently yields an actual NOI of $89,802.96 with 93% occupancy. Rental rates are below market with several long-term tenants in place, presenting opportunity for income growth.
Both buildings have are recently renovated and historically well-maintained.
Positioned within LSU Campus (34,700+ enrolled during Spring 2025), the property maintains strong student and professional tenant demand.
The complex enjoys a dedicated off-street parking lot.
The portfolio currently yields an actual NOI of $89,802.96 with 93% occupancy. Rental rates are below market with several long-term tenants in place, presenting opportunity for income growth.
Both buildings have are recently renovated and historically well-maintained.
Positioned within LSU Campus (34,700+ enrolled during Spring 2025), the property maintains strong student and professional tenant demand.
The complex enjoys a dedicated off-street parking lot.
PROPERTY FACTS
| Price | $1,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $212,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 8 | Building Size | 6,040 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | A4 - General Multi Family Residential | ||
| Price | $1,700,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,040 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | A4 - General Multi Family Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
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