531 E 73rd ST, Shreveport, LA 71106
531 E 73rd ST, Shreveport, LA 71106
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$2,420,000
Est. payment /mo
2 Beds
1 Bath
1,026 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,026 sqft

Price per Sqft $2,358

Subdivision Holland Subn

MLS Listing ID 21297626

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1992

Annual Tax Amount $402

Lot Size 5,706 Sqft

Acres 0.131

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

Fireplace No

Exterior

Parking Features Other

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Other

Total Parking Spaces 2

Private Pool No

Building

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories One

Schools

School District Caddo Psb

Others

Tax ID 171425101004600


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