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505 UNIVERSITY WALK Baton Rouge, LA 70802
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Key Details
Sold Price $1,100,000
Property Type Multi-Family, Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,540 sqft
Price per Sqft $128
Subdivision Spanish Town
MLS Listing ID 2021017933
Lot Size 10,018 Sqft
Property Description
***NO SHOWINGS WITHOUT AN ACCEPTED PURCHASE AGREEMENT*** PLEASE REVIEW OFFERING MEMORANDUM ON OUR WEBSITE BEFORE REACHING OUT WITH QUESTIONS. 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.
Location
State LA
Parish East Baton Rouge
Area Ebr Mls Area 50
Schools
School District East Baton Rouge
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Bought with NON-MEMBER OFFICE