$2,520,000 3303 Lone Oak Dr Baton Rouge, LA

MLS: 2017014188   Type: Multi-Family   County: East Baton Rouge   City: Baton Rouge   Area: Ebr Mls Area 22   Neighborhood: Lone Oak Square   Zip: 70814   Style: Apt Complex (5+ Units)     Stories: 2

Mortgage $11,831 /mo



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Lone Oak Apartment complex is a two-story, garden style multifamily property consisting of 60 units and onsite coined laundry facility. Listed at $2,520,000 Unit price - $42,000 Land 2.5802 acres (112,394 sqft) Built in 1977 Complex is currently running at 88% occupancy 14 units are 1bed/1bath – 585 sqft - $685 38 units are 2bed/1bath - 781 sqft - $785 8 units are 3bed/1.5bath – 969 sqft - $1025 Rentable sqft 45,620 Landlord pays ALL utilities including water, sewer, trash, electricity and gas. Onsite shared laundry facility and vending machine adding additional income averaging $6800/year. All units have dishwasher, range, hood, refrigerator, central air and heat. Most with “wood-look” vinyl plank or sheet, carpet, some ceramic and 8’ ceilings. Some with ceiling fans. Call or email for additional information. DO NOT DISTURB TENANTS OR MANAGEMENT Property will ONLY be sold with Magnolia Gardens Apartments and Greenwell Plaza Apartments which are located within 0.8 mile of Magnolia Gardens Apartment.

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Price History

9/7/2017 Listed $2,520,000

Apprx. Age 31-40 Years
Association Fee NONE
Financing Cash Fin, Other Financing
Special Sales Type As Is, Owner/Agent
Status Detail 0
Subdivision LA
Subdivision Lone Oak Square

Interior Features

Ac Units 60
Cooling Central Air Cool
Flooring Ceramic Floor, Vinyl:Sheet Floor, Vinyl:Tile Floor, Wall to Wall Carpet Floor
Heat Units 60
Heating Central Heat, Gas Heat
Kitchen Features Counters Laminate, Dishwasher, Range/Oven, Refrigerator

Exterior Features

Exterior Features Outside Light
Foundation Slab:Traditional Found
Mineral Rights NEGOTIABLE
Siding Brick Siding
Tot Park Spcs 90
Water/Sewer Public Sewer, Public Water

Property Schools

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Property vs Zip Code Avg (70814)

Price 2.52M Avg 4.07M

Sqr Feet 45,620 Avg 75,963

Cost / Sqr Ft $55 Avg $54

Acres 2.58 Avg 3.27

Visits 27 Avg 24

Days on Site 94 Avg 94

Walkscore® 38 Avg 37

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Listing Provided Courtesy Of: RE/MAX Professional

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Location & Address

Jim Talbot Real Estate
14635 S. Harrells Ferry Rd., Suite 2-B
Baton Rouge, LA