Multifamily Housing
1984 Brightside Drive Baton Rouge, LA 70820
Details & Description
Price: $525,000
    DescriptionProperty Summary:• 10 condo units in Brightside Commons• Brightside Commons is a low-rise condo property with 60 total units• The property is two stories with units on each floor• The property is gated and fenced with common parking and community pool• Mix of student and conventional tenantsLocation Summary:• Located just south of LSU Campus near the intersection of Brightside Drive and Hwy 30 (Nicholson Drive)• Property is accessed via common drive from Brightside Drive• On three sides the property isn't bordered by other surrounding multifamily developments, which provides some separation and privacy• Located 1 mile from LSU Campus (student population - 31,527)Financial Summary:• Condo fees cover exterior repairs and maintenance• Pro Forma Cap Rate: 8.25%• Pro Forma NOI: $43,335.00HighlightsPro Forma Cap Rate: 8.25%10 Unit Portfolio at Brightside CommonsLocated 1 mile from LSU CampusCondo fees cover exterior Repairs & Maintenance
    Property ID:    203786
    Property URL: melqr.com/203786
    Generated:    10-12-24
    Listing Agents
    Mark Segalla

    O: 225-659-8656
    M: 225-505-4349
    msegalla@elifinrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Louisiana / Baton Rouge / 70820 / 1984 Brightside Drive

    1984 Brightside Drive

    Baton Rouge, LA 70820

    Listing ID: 203786
    Print Single-Page Version
    1984 Brightside Drive Baton Rouge, LA 70820 | for Sale | Photo 1
    Building Size: 4,840 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $108.47
    Land $/SF:
    Price
    $525,000
    Description

    Description

    Property Summary:

    • 10 condo units in Brightside Commons

    • Brightside Commons is a low-rise condo property with 60 total units

    • The property is two stories with units on each floor

    • The property is gated and fenced with common parking and community pool

    • Mix of student and conventional tenants

    Location Summary:

    • Located just south of LSU Campus near the intersection of Brightside Drive and Hwy 30 (Nicholson Drive)

    • Property is accessed via common drive from Brightside Drive

    • On three sides the property isn't bordered by other surrounding multifamily developments, which provides some separation and privacy

    • Located 1 mile from LSU Campus (student population - 31,527)

    Financial Summary:

    • Condo fees cover exterior repairs and maintenance

    • Pro Forma Cap Rate: 8.25%

    • Pro Forma NOI: $43,335.00

    Highlights

    Pro Forma Cap Rate: 8.25%

    10 Unit Portfolio at Brightside Commons

    Located 1 mile from LSU Campus

    Condo fees cover exterior Repairs & Maintenance

    CONTACT AGENT

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Baton Rouge History of Multifamily Housing for Sale

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    Baton Rouge Area Market Trends

    Listing Demographics for 1984 Brightside Drive Baton Rouge, LA 70820

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1984 Brightside Drive in Baton Rouge?
    The asking price for 1984 Brightside Drive is $525,000
    What is the building size of this Multifamily property in Baton Rouge, LA?
    The size of the building/unit at 1984 Brightside Drive in Baton Rouge is 4,840 square feet
    What is the population within 1 mile of 1984 Brightside Drive in Baton Rouge?
    The population within 1 mile of 1984 Brightside Drive Baton Rouge, LA 70820 is 10,018 people.
    Who do I contact for questions about 1984 Brightside Drive?
    You should contact the listing agent, Mark Segalla, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Closest Commercial Airports

    Airport Distance (mi) Directions
    Lafayette Regional Airport (LFT) 50
    Louis Armstrong New Orleans International Airport (MSY) 61
    Gulfport Biloxi International Airport (GPT) 126
    Price
    $525,000
    Listing Agent
    Mark Segalla - CRE Agent at

    Mark Segalla

    Elfin New Orleans

    VIEW AGENT PROFILE

    CONTACT AGENT

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