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1205 w chimes
baton rouge, LA 70802

baton rouge, LA 70802 Directions

$2,000,000

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Fully renovated, 100% occupied completely turn-key apartment complex that is adjacent to LSU property outside the North Gate of LSU near Nicholson Dr.. This building features 27 2 bed, 1 bath units and one laundry room for 28 income producing units. Units are currently renting for between $800 - $850 a month, however some of the longer tenured tenants are paying less and represent a chance to raise income further. Rare opportunity to own a renovated complex in an area that still has tremendou...
s future appreciation potential. Renovations include.... New HVAC in all 27 units + laundry (2019 and 2020 installation) New double pane windows/sliding doors/front doors in all 27 units + laundry 27 Units + Laundry with new electric panels 14 completely re-wired units (108-114, 208-214) 14 completely replumbed units (108-114, 208-214) 24 new (2019+) water heaters 6 Brand new electric meter panels New flat roof area in 2019 Architectural shingle roof <5 years old Exterior painted in 2019 Gutters added 2019 24 Units completely cosmetically modernized New vanities, new counters, new tub surrounds, new floors, quartz/granite counters, new paint, new lights, etc. 3 Units mostly modernized Combination of new counters, new floors, new tub surrounds, etc. Replacement cabinet doors stocked Laundry room washer/dryers owned/maintained through 3rd party. Security cameras on-site Baton Rouge Police Officer on-Site Expense breakdown attached in files. NO SHOWINGS UNTIL ACCEPTED CONTRACT DO NOT DISTURB TENANTS OWNER/AGENT
Latter & Blum
Presented By
Latter & Blum

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Property details

General Information

Current List Price
$2,000,000
Listed Date
Mar 23, 2021
Status
Active
Home Type
Apt Complex (5+ Units)

Location

Subdivision Name
College Park
County
East Baton Rouge

Location

Select a Point of Interest and Radius from the form above.

Directions

Nicholson from downtown towards campus. Right on Aster. Cross the tracks, left on W Chimes

Community

Highlands

A part of the Greater Baton Rouge area, some consider the Highlands the perfect balance of life. Here, you’ll enjoy all the amenities of Louisiana’s capitol city while appreciating the slower pace of suburban life. 

While looking for your dream home in the Highlands, be prepared to set some time aside, because there are SO MANY options! As one of Baton Rouge’s largest communities, there is truly a home for everyone here. Looking for country club living; you can find it. New constructions in planned communities; you can find it. Beautifully preserved plantation-style homes; you can find it. Creole cottages? Ranch-style? Large lots with acres of green space? You can find it all!

With these home options comes an amazing community to call home. Like most Louisiana areas, the Highlands neighborhood has a network of hiking and biking trails and is incredibly walkable. Of course, you’re never far away from the woods and bayous that are prime for hunting, fishing and kayaking. Your kids will love this area too with an array of parks and fun things for them to experience like the Burden Center’s Children’s Garden. 

Location is key here at the end of the day. You’re never far away from the booming city of Baton Rouge, home to some of the state’s best restaurants, music and art scenes, festivals and markets. With the proximity to the capitol city combined with the unbelievable real estate options and suburban lifestyle, the Highlands neighborhood is an amazing place to put down your roots! 

 

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Listing courtesy of Adam at Ascend Real Estate Group

The data relating to real estate for sale on this website comes in part from the Broker Exchange Program of the Multiple Listing Service of the Greater Baton Rouge Association of REALTORS©, Inc. Real estate listings held by brokerage firms other than GARDNER REALTORS are marked with the Broker Exchange "BX" Logo. © 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS©, Inc. All rights reserved.