Neighborhood: Jefferson Place Condominiums, Ebr Mls Area 61
Great Investment opportunity to purchase condominiums as a fourplex at deep discount from market rates. The condos are already cash flowing with rents as high as $1550 for 2 and 3 bedroom units. At these rental rates your cash on cash ROI is at 16% with a cap rate of 7.5% per unit. You can not beat the location of this community. Jefferson Place is located in the heart of Baton Rouge, the center hub of Southern hospitality. Shopping, restaurants, and entertainment venues are all minutes away. With easy access to Interstates 10 and 12, your commute anywhere is sure to be a breeze. Updated 2 bedroom, 2 bath condos. These homes boost large open layout, granite countertops, stainless steel appliances, updated lighting fixtures and flooring throughout. Experience the park like setting with vast sidewalks and mature trees. Jefferson Place community features great amenities suited for everyone. Soak up the sun by our shimmering swimming pool, relax at our wonderful clubhouse, or work out at the state-of-the-art fitness center. Please see link for information video: https://serviocapital.typeform.com/to/HcXkA8Co * Sellers are also offering 5% turnkey management. * Additional units are available if interested in more than four units.
Courtesy of: Star Realty Listing information provided courtesy of the Greater Baton Rouge Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 5th December, 2022 11:26 PM (UTC)