Log In/Sign Up
Your email has been sent.
Multifam Portfolio near Health Corridor 2 Multifamily Properties Offered at $1,290,000 in Baton Rouge, LA
Executive Summary
This stabilized, income-producing multifamily portfolio is located near the Baton Rouge Health Corridor.
The portfolio consists of 15 total units– 7 at Ryder Drive and 8 at Southpointe Drive. Each unit features a 2-bedroom, 1.5-bath layout, updated interior, and off-street parking.
The properties generate a combined Net Operating Income of $103,530 at a blended cap rate of 8.0%.
Positioned within 500 feet of each other, both assets are located just 2 minutes from the Perkins Road and Essen Lane intersection, with excellent access to I-10 (4 mins) and I-12 (5 mins).
The portfolio sits just outside of Baton Rouge’s expanding health corridor, supported by tenant demand and long-term employment drivers.
Available as a combined offering or individual acquisitions.
The portfolio consists of 15 total units– 7 at Ryder Drive and 8 at Southpointe Drive. Each unit features a 2-bedroom, 1.5-bath layout, updated interior, and off-street parking.
The properties generate a combined Net Operating Income of $103,530 at a blended cap rate of 8.0%.
Positioned within 500 feet of each other, both assets are located just 2 minutes from the Perkins Road and Essen Lane intersection, with excellent access to I-10 (4 mins) and I-12 (5 mins).
The portfolio sits just outside of Baton Rouge’s expanding health corridor, supported by tenant demand and long-term employment drivers.
Available as a combined offering or individual acquisitions.
Property Facts
| Price | $1,290,000 | Number of Properties | 2 |
| Price / SF | $73.92 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 17,452 SF |
| Status | Active | Total Land Area | 1.34 AC |
| Price | $1,290,000 |
| Price / SF | $73.92 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 17,452 SF |
| Total Land Area | 1.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Complex Near Baton Rouge Health Corridor
1835 Southpointe Dr, Baton Rouge, LA 70808 |
Multifamily | 8,800 SF | 1982 | $715,000 |
|
Multifamily Near Baton Rouge Health Corridor
1701 Ryder Dr, Baton Rouge, LA 70808 |
Multifamily | 8,652 SF | 1978 | $575,000 |
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Multifam Portfolio near Health Corridor
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.