S Flannery Rd Four Plex Sold!

Baton Rouge multi-family property located in Sherwood Forest Gardens/on S Flannery Rd sold for a record price in this area. Good location with good rents and no flood insurance required. I represented the sellers in this sale as well as their purchase of this property several years ago. The sellers recognized a 50% increase in value from time of purchase to time of sale.

This is the 3rd multi-family property that I've listed and sold in the last 12 months which resulted in a record sales price for each particular area.

The multi-family market is tough right now in Baton Rouge - there is not much inventory and sales prices have definitely escalated. If you are interested in buying or selling multi-family in and around Baton Rouge, reach out and let's talk!