Commercial Property of the Week, sponsored by Elifin Realty: 100% occupied apartment portfolio at LSU

Mark Segalla is pleased to present (for sale) this high-end apartment portfolio at the edge of LSU’s campus. The 5-building 29-unit portfolio is 100% occupied and boasts a proforma net operating income of $267,597. It consists of 1, 2, and 3-bedroom units, and all structures are on adjacent properties along Janet and Dodson Avenues. The surrounding area consists primarily of multifamily properties with a strong retail corridor just south of Burbank Drive and Nicholson Drive. The portfolio sits just steps from the southern edge of LSU’s campus and one block north of Burbank Drive. Financials are available. View the listing here.