Fully Occupied 5-Home Rental Portfolio near LSU Campus

Investment Overview

This five-home rental portfolio is situated on 2 acres along Brightside Drive, just minutes from LSU campus. The property includes five detached condominium homes, each approximately 800 SF with a 2-bedroom, 2-bath layout. Each home is separately conveyable, providing flexibility for future individual resale. The portfolio is 100% occupied, generating $77,220 in scheduled annual rental income. The property currently yields an NOI of $52,928 and a Cap Rate of 8.0%. Located near LSU campus, the property is well suited for parents buying housing for a college student, or for investors seeking a low-maintenance rental. Zoned A1 (Single Family Residential).