$51,000
UNDER CONTRACT

Estimated payment $316/month

Total Views 592
-- Beds
-- Baths
1,018 Sq Ft
$50 Price per Sq Ft

About This Home

The seller prefers a PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing, seller financing, subject to, wrap, lease option, or owner financed terms offered. Cash, DSCR, portfolio loan, or verifiable third party financing only.

This portfolio offers immediate income with upside through lease renewals, vacant unit stabilization, and rent growth toward projected market rents. The package includes mostly single family rental homes with a mix of occupied, renewed, Section 8, and value add vacant units. Bedroom counts range from 1 bedroom units to 4 bedroom homes, with many leases extending into 2026 and 2027.

According to the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. Projected stabilized rent is approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16. Rental income is subject to change as units may be leased, renewed, vacated, or adjusted while listed.

The value add opportunity includes leasing vacant inventory, completing turns or inspections, renewing tenants at market supported rents, and tightening operations. Highlights include 50 total units, Shreveport Bossier locations, mostly SF rental housing, current rent of approximately $34,905 per month, projected stabilized rent of approximately $50,056 per month, and a mix of occupied, vacant, renewed, and Section 8 units.

Financials, rent roll, property level details, and due diligence materials are available to qualified buyers upon request. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access. Please do not disturb tenants.

Listing Agent

Lee Nugent

Pinnacle Realty Advisors Brokerage Phone: 318-233-1045 License #0995695038 Listed on: 06/29/2026

Pinnacle Realty Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Additional Features

  • 1-Story Property
  • 6,795 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 171305015000500

Community Details

Overview

  • 1,018 Sq Ft Building
  • Turner Sub Subdivision

Building Details

  • Gross Income $418,860
  • Net Operating Income $368,256

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

6,795 Sq Ft Lot

Listing Details

  • OWNERNAME: NA
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 318-233-1045
  • CapRate: 722.07
  • Co List Office Mls Id: SMTH01NL
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:22017:171305015000500
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Interior Amenities: Other
  • Flooring: Other

Exterior Features

  • Foundation: Other
  • Roof: Other
  • Construction Materials: Other
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Other
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Sewer Available

Schools

  • Junior High Dist: Caddo PSB

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.156
  • Parcel Number: 171305015000500
  • Lot Size Acres: 0.156
  • Lot Size Sq Ft: 6795.36

Building Info

  • Year Built: 1988
  • Units Total: 1

Multi Family

  • Insurance Expense: 24103.0
  • Annual Gross Income: 418860.0
  • Property Net Operating Income: 368256.0

Tax Info

  • Tax Lot: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $435 $2,781 $824 $1,957
2024 $434 $2,781 $824 $1,957
2023 $437 $2,742 $785 $1,957
2022 $437 $2,742 $785 $1,957
2021 $430 $2,742 $785 $1,957
2020 $430 $2,742 $785 $1,957
2019 $458 $2,835 $785 $2,050
2018 $365 $2,835 $785 $2,050
2017 $466 $2,835 $785 $2,050
2015 $395 $3,050 $790 $2,260
2014 $398 $3,050 $790 $2,260
2013 -- $3,050 $790 $2,260
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2026 06/29/26 For Sale $51,000 +13.3% $50 / Sq Ft
05/29/2025 05/29/25 Sold -- -- -- View Prior Sale
04/14/2025 04/14/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $45,000 -- $48 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $560,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21302452

North Texas Real Estate Information Systems (NTREIS)

APN: 171305-015-0005-00

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