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.