224 Florida Street

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224 Florida Street

Baton Rouge, LA 70801
Asking Price
$1.40M
Asset Type
Retail
Class
Class B

What's Special

Redevelopment Opportunity in Downtown Baton Rouge <ul><li>​<span style="color: rgba(55, 65, 81, 1)">Improvements are considered to be in fair condition overall</span></li><li>​Can be purchased alone or with one or both other properties adjacent (see separate listings)</li><li>​In prominent downtown area with convenient access to major buildings and thoroughfares</li></ul>

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times