5500 Perkins Rd | Baton Rouge, LA 70808
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- LoopNet Team
5500 Perkins Rd
Baton Rouge, LA 70808
The District · Multifamily Property For Sale
·
312 Units
INVESTMENT HIGHLIGHTS
- Strong, reliable, historic cash flow from a stabilized and high-occupancy property with room for increasing rents.
- Gated property with secured 3.5 story parking structure, allowing for easy vehicular access to all three stories.
- Exceptional infill location in the heart of Baton Rouge, LA near LSU, top medical centers, City Park, and high-end retail, with an 1-mile Average Hous
- Highly amenitized property to attract the most desirable tenants and drive revenue.
PROPERTY FACTS
| No. Units | 312 | Lot Size | 8.33 AC |
| Property Type | Multifamily | Building Size | 440,588 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 2016 |
| Zoning | C2 | ||
| No. Units | 312 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 8.33 AC |
| Building Size | 440,588 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 2016 |
| Zoning | C2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- Tub/Shower
- Walk-In Closets
- Carpet
- Den
SITE AMENITIES
- Business Center
- Controlled Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Lounge
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 540 |
| 1+1 | 181 | - | 696 - 1,082 |
| 2+2 | 130 | - | 1,093 - 1,333 |
PROPERTY TAXES
| Parcel Number | 00563781 | Improvements Assessment | $1,640,000 |
| Land Assessment | $250,000 | Total Assessment | $1,890,000 |
PROPERTY TAXES
Parcel Number
00563781
Land Assessment
$250,000
Improvements Assessment
$1,640,000
Total Assessment
$1,890,000
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