Commercial Property of the Week, sponsored by Elifin Realty: Apartment portfolio for sale near LSU
This apartment portfolio consists of 10 condo units in the Brightside Commons apartment complex located near the intersection of Brightside Drive and Nicholson Drive. The property is situated less than one mile from LSU’s campus and has a mix of student and conventional tenants. Brightside Commons is gated and fenced with common parking and a community pool, and is one of the more private and secluded complexes in the area. Condo fees cover exterior repairs and maintenance, and the portfolio boasts a pro forma cap rate of 8.25%. Call Multifamily Mark for details and financials at 225.659.8656. View the listing here.