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505 University Walk

Baton Rouge, LA 70802
  • $1,075,000
  • STATUS: Active
  • ON SITE: 4 Days
  • ID#: 2021017933
New On Site 4 Days Ago
UPDATED: 98 min ago
$1,075,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,540
    SQFT
  • $126
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Ratings & Info

School District:

Description

***NO SHOWINGS WITHOUT AN ACCEPTED PURCHASE AGREEMENT*** PLEASE REVIEW OFFERING MEMORANDUM BEFORE REACHING OUT WITH QUESTIONS. SEE LINK TO WEBSITE. https://elifinrealty.com/deals/?propertyId=spanish-town-apartment-complex-505-university-walk-baton-rouge ***To access the FINANCIALS (rent roll, income, expense, etc.), please click the "Documents tab above the listing photo. Then, click on "Offering Memorandum. From there, youll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you dont already have an account, you can create one for free.*** This quiet, downtown apartment complex sits just a few blocks from the State Capitol building in the historic Spanish Town neighborhood. The 10-unit building is two stories. Eight of the units are 2 bed / 1 bath, and two units are 1 bed / 1 bath. Street parking is available along University Walk and N 5th Street, but the property also contains a small parking lot with 10 spaces. The building is configured so that all units open to the interior of the property around the central courtyard. The property is fenced and gated and could easily be upgraded for secure entry. The grounds are beautifully landscaped both to enhance the appearance of the complex, but also to add to its privacy. While on the property, the configuration and landscaping combine to bring down noise levels and create a tranquil atmosphere. Spanish Town, established in 1805 as Baton Rouge's oldest neighborhood, reflects the colorful, changing heritage and development of Louisiana's capital. Created in 1974 by residents in order to develop, preserve, and protect the "unique character" of Spanish Town, the HSTCA has been in continuous existence, perpetuating the pulse of the neighborhood. This property is also being offered as part of a 37-unit portfolio. Contact broker for more info.

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© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Darren James & Associates powered by eXp Realty. Data last updated: 2021-11-27T23:31:51.97. Licensed in the State of Louisiana, USA. Darren James & Associates powered by eXp Realty || (225)335-7666 || Baton Rouge, LA
www.agent225.com/homes/123501169
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505 University Walk Baton Rouge, LA 70802

  • Price: $1,075,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 98 min ago
  • ID#: 2021017933
0
Beds
0
Baths
0
½ Baths
0.23
Acres
8,540
SQFT
$126
$/SQFT
Neighborhood:
Spanish Town
County:
East Baton Rouge
Area:
Ebr Mls Area 50
School District:
East Baton Rouge
Property Description
***NO SHOWINGS WITHOUT AN ACCEPTED PURCHASE AGREEMENT*** PLEASE REVIEW OFFERING MEMORANDUM BEFORE REACHING OUT WITH QUESTIONS. SEE LINK TO WEBSITE. https://elifinrealty.com/deals/?propertyId=spanish-town-apartment-complex-505-university-walk-baton-rouge ***To access the FINANCIALS (rent roll, income, expense, etc.), please click the "Documents tab above the listing photo. Then, click on "Offering Memorandum. From there, youll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you dont already have an account, you can create one for free.*** This quiet, downtown apartment complex sits just a few blocks from the State Capitol building in the historic Spanish Town neighborhood. The 10-unit building is two stories. Eight of the units are 2 bed / 1 bath, and two units are 1 bed / 1 bath. Street parking is available along University Walk and N 5th Street, but the property also contains a small parking lot with 10 spaces. The building is configured so that all units open to the interior of the property around the central courtyard. The property is fenced and gated and could easily be upgraded for secure entry. The grounds are beautifully landscaped both to enhance the appearance of the complex, but also to add to its privacy. While on the property, the configuration and landscaping combine to bring down noise levels and create a tranquil atmosphere. Spanish Town, established in 1805 as Baton Rouge's oldest neighborhood, reflects the colorful, changing heritage and development of Louisiana's capital. Created in 1974 by residents in order to develop, preserve, and protect the "unique character" of Spanish Town, the HSTCA has been in continuous existence, perpetuating the pulse of the neighborhood. This property is also being offered as part of a 37-unit portfolio. Contact broker for more info.
Exterior Features

Construction Brick Const Exterior Brick SidingVinyl Siding Foundation Slab:Traditional Found Lot Dimensions 63' X 135' X 105' X 35' X 42' X 100' Parking Spaces 10

Interior Features

Ac Units 10 Bedrooms One 2 Bedrooms Two 1 Cooling Ceiling Fan CoolCentral Air Cool Full Baths One 1 Full Baths Two 1 Heat Units 10 Heating Central Heat Kitchen Features Cooktop: ElectricCounters Solid SurfaceDishwasherRange/OvenRefrigerator

Property Features

Approximate Age 16-20 Years Association Fee None Financing Cash Fin Individually Metered No Lot Number 12 Mineral Rights Conveyed Number Units One 8 Number Units Two 2 Property Type Apt Complex (5+ Units) Property Type One Other Property Type Two Other Special Sale Type As Is Water Sewer Public SewerPublic Water

Listing provided courtesy of Elifin Realty.© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.


© 2021 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Darren James & Associates powered by eXp Realty. Data last updated: 2021-11-27T23:31:51.97. Licensed in the State of Louisiana, USA. Darren James & Associates powered by eXp Realty || (225)335-7666 || Baton Rouge, LA
 
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