531 E 73rd Street, Shreveport, LA 71106
531 E 73rd Street, Shreveport, LA 71106
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$ 2,420,000
Est. payment | /mo

2 Beds

1 Bath

5,706 Sqft Lot


Save
$ 2,420,000
Est. payment | /mo
Save

2 Beds

1 Bath

5,706 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Holland Subn

MLS Listing ID 21297626

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 1026

Year Built 1992

Annual Tax Amount $402

Lot Size 5,706 Sqft

Acres 0.131

Property Sub-Type Multiple Single Units

Property Description

PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package. Properties will not be sold individually. 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 the portfolio is actively listed. The value add opportunity includes leasing vacant inventory, completing remaining turns or inspections, renewing tenants at market supported rents, and tightening operations Highlights include 50 total units, Shreveport-Bossier locations, mostly SF rental housing, approximately $34,905 per month in current rent, approximately $50,056 per month in projected stabilized rent, 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 pre approval before receiving full supporting documentation or scheduling property access. Please do not disturb tenants.

Location

State LA

County Caddo

Direction USE GPS

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Other

Appliance Other

Heat Source Other

Exterior

Utilities Available City Sewer, City Water

Roof Type Other

Garage No

Building

Story One

Foundation Other

Level or Stories One

Structure Type Other

Schools

School District Caddo Psb

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Lee Nugent • Pinnacle Realty Advisors
Stacy Berry

Making real estate fast, fun, and stress-free!

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531 E 73rd Street