Bobby Box and Will Adams, CCIM have recently completed the last sale of a small portfolio of Multi-family properties in Baton Rouge, LA for a repeat client. The portfolio consisted of 28 units, in 8 assets, comprised of 2 duplexes and 6 fourplexes. They were able to navigate the complexities of selling to 4 different buyers and securing a total price of $1,266,900, which was 95% of List Price. The average rents were $625 per month, and the average sales price per unit was approximately $45,250 per unit.
Will can be contacted at will.adams@propertyone.com and Bobby at bobby.box@propertyone.com to assist with your real estate needs.
