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Updated 12 months ago on . Most recent reply

User Stats

4
Posts
2
Votes
Adam Campo
  • Property Manager
  • Baton Rouge, LA
2
Votes |
4
Posts

Brusly Commons Retail Center

Adam Campo
  • Property Manager
  • Baton Rouge, LA
Posted

Investment Info:

Retail buy & hold investment.

Purchase price: $1,300,000
Cash invested: $260,000

Brusly Commons Retail Center
11,000 SF retail center located on Hwy 1., which is a major LA State Highway with heavy traffic. Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.

A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.

How did you find this deal and how did you negotiate it?

Purchased as a 1031 exchange.

How did you finance this deal?

1031 Exchange from the sale of 32 units on Jennifer Jean Drive.

How did you add value to the deal?

Raised rents

business profile image
Adam Campo Real Estate
4.1 stars
38 Reviews

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