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5423 Nicholson Drive, Baton Rouge, LA

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5423 Nicholson Drive

Baton Rouge, LA 70820-4970 - Highlands/Perkins MF Submarket


Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:-
Stories:2 Building Size:4,400 SF Land Area:.25 AC (10,890 SF)
For Sale Price:$220,000 Price/Unit:$55,000.00 Cap Rate:9.97 % GRM:-

Parking:-



Sale Notes:
Four unit apartment building just south of LSU Campus. No flood zone and has not flooded. Owner pays water, sewer and trash. Fully leased. Average monthly expenses are as follows. Water $110, Dumpster $50, Lawn Care $80. Currently professionally managed. Also available are 5411 & 5403 Nicholson Dr.

KW Commercial
David Vercher
(225) 768-1889




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