$480,000

This fourplex is currently 100% occupied. The subject property is located just ±0.5 mile from Joor Rd at Hooper Rd, a high visibility signaled intersection that enjoys ±29,775 daily traffic. Morgan Hill Ct is located nearby several amenities including Walmart, Winn-Dixie, Exxon, the ERBP Library, Autozone, Dollar General, and more. The property is located in a cul-de-sac adjacent to a residential neighborhood, Morgan Place West, which contains 83 homes. On the Joor Rd side, the fourplex is surrounded by numerous non-neighborhood residential homes. The property is located within the Central school system, a top 10% school in Louisiana. Central, LA is a suburb of Baton Rouge experiencing rapid development. The city has several projects under construction including the Settlement on Shoe Creek (over 479 home sites, 250 apartments, 100 Assisted Living Units, numerous parks, and more than 150,000 square feet of commercial space), Central Guest House Healthcare & Rehabilitation Center (170 units), a new School Board complex, national franchise locations such as Walk-On's and Five Guys, and more. • 100% Occupied • Situated within the Central school system, ranked in top 10% of Louisiana schools • Located ±0.5 mile from Joor Rd at Hooper Rd – ±29,775 daily traffic • Near several amenities including Walmart, Winn-Dixie, Exxon, and EBRP Library ***To access the FINANCIALS (rent roll, income, expense, etc.), please navigate to https://elifinrealty.com/deals/?propertyId=multifamily-investment-opportunity-in-central-11823-morgan-hill-ct-baton-rouge-la-70818 and click “Documents," then "Offering Memorandum". From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***