Brownlee and Balis Apartments

Brownlee and Balis Apartments 2018-12-05T18:31:38+00:00

Project Description

Status: SOLD

Property Description

SVN | GLL is pleased to be the exclusive agent for this multifamily investment in Baton Rouge, LA. This complex features Eighteen (18) units with a value-add play for a new investor looking to perform capital improvements and raise the rents to compete with the local market.

The unit mix comprises of nine units with three bedrooms and one and a half baths, eight units with three bedrooms and one bath, one unit with two bedrooms and one and a half baths.

This 18-unit apartment complex, fronting Brownlee Street, is located in Baton Rouge, LA. The complex is situated just North of I-10 interstate and West of College Dr.

Investment Highlights

  • Close Proximity to 1-10, College Dr., Jefferson Hwy and Perkins Rd.
  • Value-add opportunity for increased occupancy
  • Grade-level parking
  • Pitched, asphalt shingle roofs