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Zurqui: Renovated, Turnkey 8-Unit Multifamily 9384 Fox Run Ave 8 Unit Apartment Building $1,267,000 ($158,375/Unit) Baton Rouge, LA 70808
Executive Summary
Offering Memorandum https://buildout.com/sharing/fox-run-apartments?file=3900178
9384 Fox Run Avenue is a stabilized, income-producing 8-unit multifamily property located just off Highland Road.
This turnkey, low-maintenance property has been fully renovated with all new interior finishes and mechanical systems, including quartz countertops, stainless steel appliances, in-unit washers and dryers, vinyl flooring, and new HVACs, plumbing, and electrical throughout.
Currently yielding a Net Operating Income of $93,744.80, the asset offers reliable in-place cash flow.
Each unit sits on an individual parcel, offering potential to resell the units individually.
Positioned just off of Highland Road, the property benefits from nearby retail, amenities, and residential development, supporting consistent tenant demand.
9384 Fox Run Avenue is a stabilized, income-producing 8-unit multifamily property located just off Highland Road.
This turnkey, low-maintenance property has been fully renovated with all new interior finishes and mechanical systems, including quartz countertops, stainless steel appliances, in-unit washers and dryers, vinyl flooring, and new HVACs, plumbing, and electrical throughout.
Currently yielding a Net Operating Income of $93,744.80, the asset offers reliable in-place cash flow.
Each unit sits on an individual parcel, offering potential to resell the units individually.
Positioned just off of Highland Road, the property benefits from nearby retail, amenities, and residential development, supporting consistent tenant demand.
Property Facts
| Price | $1,267,000 | Building Class | C |
| Price Per Unit | $158,375 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 10,975 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | A4 - General Multi Family Residential | ||
| Price | $1,267,000 |
| Price Per Unit | $158,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 10,975 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
| Zoning | A4 - General Multi Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Shuttle to Train
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,200 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $54,208 | |
| Land Assessment | $2,738 | Total Assessment | $56,946 |
Property Taxes
Parcel Numbers
Land Assessment
$2,738
Improvements Assessment
$54,208
Total Assessment
$56,946
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Zurqui: Renovated, Turnkey 8-Unit Multifamily | 9384 Fox Run Ave
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