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Colonial Terrace 675 Wooddale Blvd

81 Unit Block of Flats £3,211,530 (£39,649/Unit) 10.70% Net Initial Yield Baton Rouge, LA 70806

Investment Highlights

  • Unique investment with an expanding opportunity
  • Blocks away from new Amazon fulfillment center
  • Controlling share of the homeowners association

Executive Summary

This is an offering of 81 of 158 total units and controlling share of the Homeowners Association

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £3,211,530 Property Subtype
Apartment
  • Multifamily Dormitory
Price Per Unit £39,649 Apartment Style Garden
Sale Type Investment Building Class B
Net Initial Yield 10.70% Lot Size 7.50 AC
Sale Conditions Development Sale Building Size 67,828 SF
Gross Rent Multiplier 4.36 Average Occupancy 80%
No. Units 81 Number of Floors 2
Property Type Residential Year Built 1973
Price £3,211,530
Price Per Unit £39,649
Sale Type Investment
Net Initial Yield 10.70%
Sale Conditions Development Sale
Gross Rent Multiplier 4.36
No. Units 81
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class B
Lot Size 7.50 AC
Building Size 67,828 SF
Average Occupancy 80%
Number of Floors 2
Year Built 1973

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Pool
  • Gated
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 15 £842.05 857
2+2 12 £900.79 944
3+2 5 £1,018 1,325
2+2.5 5 £979.12 1,200
1+1 44 £763.72 705
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675 Wooddale Blvd, Baton Rouge, LA - aerial map view
(504) 920-7368

Contact

  • Tino Ellis
    Tino Ellis
  • Complexicon LLC

  • Listing ID: 32372500

  • Date on Market: 07/07/2024

  • Last Updated:

  • Address: 675 Wooddale Blvd, Baton Rouge, LA 70806

The Florida/Airline Residential Property at 675 Wooddale Blvd, Baton Rouge, LA 70806 is currently available. Contact Complexicon LLC for more information.

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Colonial Terrace | 675 Wooddale Blvd
(504) 920-7368 x

Colonial Terrace | 675 Wooddale Blvd

Tino Ellis

(504) 920-7368

(504) 920-7368

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