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79th Street Apartments 1516 79th Ave 60 Unit Apartment Building $2,777,796 CAD ($46,297 CAD/Unit) Baton Rouge, LA 70807

Apartment Buildings Louisiana Baton Rouge 1516 79th Ave, Baton Rouge, LA 70807

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Investment Highlights

  • A rare opportunity to acquire a 60-unit apartment complex
  • Situated in the Southern Heights subdivision, just minutes from Southern University, making it an ideal location for potential residents.
  • Located in the heart of East Baton
  • Once-in-a-lifetime investment opportunity for those seeking to secure prime real estate in a growing area.
  • Subdivision: SOUTHERN HEIGHTS
  • School District: E.B.R. SCHOOL DISTRICT

Executive Summary

THIS IS A FORECLOSURE SALE:
60 Unit Apartment Complex
Property in Foreclosure by Private Lender
Sale Date: To Be Determined
STARTING BID: $2,044,000.00
The property will be sold in “AS IS, WHERE IS CONDITION.”
Lender CAN NOT Accept ANY Offers.
BIDDING is conducted through the Baton Rouge Sheriff's Dept.
Call Baton Rouge Sheriff’s Dept for Sale/Bidding Details:
(225) 389-4818
Location of Sale: East Baton Rouge Sheriff’s Office
The Sale will be held at:
222 St. Louis St., First Floor East Baton Rouge, LA 70802
Addresses/Parcel Numbers:
1512 79th Ave / Parcel# 446467
1516 79th Ave / Parcel# 446475
1520 79th Ave / Parcel# 446483
1570 79th Ave / Parcel# 446661
1570 79th Ave / Parcel# 446653
1570 79th Ave / Parcel# 446645
1580 79th Ave / Parcel# 446718
1580 79th Ave / Parcel# 446696
1580 79th Ave / Parcel# 446688
Demographics:
School District: E.B.R. SCHOOL DISTRICT
Collage: Southern University
Subdivision: SOUTHERN HEIGHTS
Munic/Township: EAST BATON ROUGE PARISH
Contact Agent for more details:
Angela DeSantis
Office: 559-299-9836

Property Facts

Price $2,777,796 CAD Building Class C
Price Per Unit $46,297 CAD Lot Size 1.00 AC
Sale Type Investment Building Size 50,000 SF
Sale Condition Distress Sale Average Occupancy 30%
No. Units 60 No. Stories 2
Property Type Multifamily Year Built 1980
Property Subtype Apartment Parking Ratio 0.24/1,000 SF
Apartment Style Garden Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $2,777,796 CAD
Price Per Unit $46,297 CAD
Sale Type Investment
Sale Condition Distress Sale
No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.00 AC
Building Size 50,000 SF
Average Occupancy 30%
No. Stories 2
Year Built 1980
Parking Ratio 0.24/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Storage Space
  • Refrigerator
  • Oven
  • Skylights

Site Amenities

  • Smoke Free
  • Storage Space
1 1

Property Taxes

Parcel Number 00446483 Improvements Assessment $8,032 CAD
Land Assessment $815 CAD Total Assessment $8,847 CAD

Property Taxes

Parcel Number
00446483
Land Assessment
$815 CAD
Improvements Assessment
$8,032 CAD
Total Assessment
$8,847 CAD
(559) 299-9836

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 29743052

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: 1516 79th Ave, Baton Rouge, LA 70807

The Scotlandville Multifamily Property at 1516 79th Ave, Baton Rouge, LA 70807 is currently available. Contact DPI Group, LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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79th Street Apartments | 1516 79th Ave
(559) 299-9836 x

79th Street Apartments | 1516 79th Ave

Angela Desantis
(559) 299-9836

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