7272 Burbank Drive, Baton Rouge, LA 70820
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
7272 Burbank Drive,Baton Rouge, LA 70820
$2,490,000
- 3 Beds
- 2 Baths
- 1,800 sq. ft.
- Multi-family
- Active
Listed by: cassandra bond
Office: the southern homes real estate team
MLS#:200OZB
Source:LA_CLBOR
Price summary
- Price:$2,490,000
- Price per sq. ft.:$1,383.33
About this home
Prime Multifamily Investment Opportunity | 24-Unit Portfolio Near LSU
An exceptional value-add opportunity located just 7 minutes from Louisiana State University. This 24-unit entire condo community (Burbank Landing Condos) is offered for sale as a single portfolio. Ideal for student housing, young professional rentals, or long-term portfolio growth in high-demand South Baton Rouge.
Key Investment Highlights
Opportunity Zone Location: Situated in a designated Qualified Opportunity Zone (created under the Tax Cuts and Jobs Act of 2017), offering investors powerful tax incentives, including capital gains tax deferral, reduction, and potential tax-free appreciation on long-term gains.
Turnkey Phase (12 Units Fully Renovated):
Never lived in post-renovation—ready for immediate market-rate lease-up.
Complete updates including all-new electrical systems and updated plumbing.
Brand-new HVAC systems installed.
Roof replaced 2 years ago.
Value-Add Phase (12 Units Needing Rehab):
12 remaining units require varying levels of rehab, allowing an investor to execute a tailored capital improvement strategy and satisfy Opportunity Zone substantial improvement requirements for equity upside.
Pre-renovation rents were $2,300/month per unit, establishing a strong income floor with significant upside potential once fully stabilized.
HOA Control & Flexibility:
Established HOA structure in place with the ability for the buyer to acquire complete operational control of the HOA board.
Flexible Seller Terms:
Creative financing and owner financing options are available for qualified buyers. Contact listing agent directly to discuss customized terms.
Unit & Property Features
Spacious Floor Plans: Each unit features a high-demand 3 Bedroom / 2 Bathroom layout. Dual Balconies: Front and rear private balconies for outdoor living.
Private Outdoor Space: Every unit includes a dedicated, private fenced patio area.
Utilities: Individually metered. Expansive private parking...
Contact an agent
Home facts
- Year built:2006
- Subdivision & Development:Burbank Landing
- Listing ID #:200OZB
- Added:2 day(s) ago
- Updated:November 09, 2026 at 10:17 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Pantry
- Living area:1,800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2006
- Building area:1,800 sq. ft.
- Lot area:1 Acres
- Lot Features:Private
- Exterior Features:Covered
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,490,000
- Price per sq. ft.:$1,383.33
- Tax amount:$9,336
Features and amenities
- Laundry features:Electric Dryer Hookup, In Unit, Inside, Washer Hookup
- Amenities:Double Pane Windows, En Suite, Pantry, Primary Downstairs, Shower/Tub Combo, Walk-In Closet(s)
Parking
- Parking description:Concrete, Off Street
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