11/14/2024
π’ Value-Add 4-Unit Property in Baton Rouge! π’
π° Pro Forma Cash Flow: $3,287/month | Price: $94,000
π Investment Details
Cap Rate: 17%
Pro Forma NOI: $23,642/year
Exceptional Cash-on-Cash Return: 62%
This is a rare investment opportunity with high cash flow potential in an expanding neighborhood. This four-unit property offers incredible income potential, with only one unit currently rented, allowing for significant upside!
β¨ Property Highlights
4 Units:
Dwelling 1: 2 bed, 1 bath (rented at $700)
Dwelling 2: 1 bed, 1 bath
Dwelling 3: 3 bed, 1 bath
Dwelling 4: 2 bed, 1 bath
Prime Location: Close to schools, shopping, and main roads for steady demand
Growth Potential: Perfect for buy-and-hold or BRRRR investors!
π₯ Want even more cash flow? Combine this property with 2232 Tecumseh St and 2403 Madison Ave to increase monthly income to $3,000 and pro forma revenue to $9,467 for the entire package!
π² Ready to secure this income-generating opportunity? Contact us today at (404) 668-3992 or [email protected].