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$1,129,000
6 Beds
6 Baths6 full baths
3,570sqft
678 And 710 Gloria Dr #10, Baton Rouge, LA 70819
$1,129,000
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Multi Family
Built in -
$-- HOA
26,571.6 sqft lot
$316/sq.ft
Description
Prime Investment Opportunity - Current cap rate of 6.93% - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100-$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses effi...
Continue Reading- Houzeo last checked: 30 Minutes ago
- Listing updated: December 2, 2025 at 3:58 am
- Listing Provided by: Katie S Miller | Katie Miller Realty, LLC
- Source: REALTOR® Association of Acadiana (Lafayette) MLS-LA | MLS#: BR2025021695
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
3,570 sqft
Lot Size
26,571.6 sqft lot
Basement Area
- sqft
MLS Name
REALTOR® Association of Acadiana (Lafayette) MLS
MLS Number
BR2025021695
MLS Status
Active
Days on Market
4
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