Welcome to the Barat Road Apartments, an eight-unit property offering exclusively 1 bed/1 bath units, totaling 4,480 sq ft of comfortable living space. With off-street parking and convenient access to I-49, commuting anywhere in the metro is made easy. Currently fully occupied, this property offers low owner expenses and an average rent of $649, with market values nearing $725/month, promising excellent potential for increased returns. If you’re an investor seeking low-maintenance ownership, Barat Road Apartments offers the ideal combination of convenience, comfort, and value.
Why we love it: Low maintenance expenses for owner and off-street parking
The challenge: All units are currently leased through the middle of this year so no rents to raise yet!
The Value Add Play: A wonderful opportunity to eventually make cosmetic upgrades to achieve even higher returns.