6 Income-Producing Units in the Park Place Condominiums Listing Details & Market Data

1290 Park Blvd, Baton Rouge, LA 70806

  • For Sale $549,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 6
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 16, 2024
128, 131, 132, 207, 230, 239Six units within Park Place Condominiums are now being offered for sale as a package. The units are currently 100% occupied. The units are immediately income producing with leases in place through May 2024. The portfolio has a Current NOI of $37,619. All utilities are covered by the complex HOA and the tenants. Tenants pay the electric bill and HOA pays water, wastewater, trash, cable tv, and internet. The complex is equipped with an electric gate and ample off-street parking.

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Highlights

  • 6 Condo units within quiet Park Place Condominiums
  • 100% Occupied
  • Current NOI of $37,619
  • All utilities covered by HOA and tenants

Contacts

broker

Keagan Finley, CCIM

ELIFIN®

(859) 916-9354

Location

Getting Around

  • Walk Score ®

    Car-Dependent (41)

  • Bike Score ®

    Somewhat Bikeable (49)
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  • City Baton Rouge, LA
  • Neighborhood Shady Grove - Booker Town
  • Zip Code 70806
  • Market Baton Rouge

Points of Interest

  • Chevron

    1.07 miles

  • Tesla Supercharger 3B

    1.21 miles

  • Tesla Supercharger 3A

    1.21 miles

  • Tesla Supercharger 2B

    1.21 miles

  • Tesla Supercharger 2A

    1.21 miles

  • Tesla Supercharger 1B

    1.21 miles

  • Tesla Supercharger 1A

    1.21 miles

  • Shell

    1.23 miles

  • Circle K

    1.28 miles

  • Chevron

    1.32 miles

  • East River Center Parking Garage

    1.20 miles

  • Parking 3A

    1.23 miles

  • West River Center Parking Garage

    1.24 miles

  • Galvez Garage

    1.47 miles

  • Thomas Boyd Lot

    1.48 miles

  • Lot P

    1.55 miles

  • Lot M

    1.60 miles

  • LaSalle Garage

    1.62 miles

  • Lot J

    1.62 miles

  • Lot L

    1.63 miles

  • BLDG 5

    0.86 miles

  • Kalurah Street Grill

    0.89 miles

  • DiGiulio Brothers

    0.94 miles

  • The Overpass Merchant

    0.94 miles

  • George's

    0.98 miles

  • Jimmy John's

    1.05 miles

  • Schlittz & Giggles

    1.06 miles

  • Pastime Restuarant

    1.10 miles

  • Wienerschnitzel

    1.10 miles

  • Zippy's Burritos

    1.13 miles

  • McKinley Middle Magnet School

    0.32 miles

  • Saint Francis Xavier Catholic School

    0.46 miles

  • Dufrocq Montessori Elementary School

    0.66 miles

  • Louisiana School for the Visually Impaired

    0.68 miles

  • Polk Elementary School

    0.77 miles

  • Saint Joseph's Academy School

    0.79 miles

  • Buchanan Elementary School

    0.80 miles

  • Foreign Language Academic Immersion Magnet

    0.80 miles

  • Louisiana New School Academy

    0.85 miles

  • McKinley High School

    0.91 miles

  • Unique Care Learning Center LLC

    1.46 miles

  • Southside Daycare & Early Learning Center

    2.20 miles

  • The Learning Center

    6.15 miles

Contact Listing Broker

broker

Keagan Finley, CCIM

ELIFIN®

(859) 916-9354