Investment Overview
Multi-family investment property consisting of approximately ±4.97 acres with multiple income-producing improvements and land for future development or expansion. Improvements include a ±3,000 SF single-family residence currently leased for $1,000 per month (market rent $1,500), a two-story ±2,000 SF apartment building with a vacant first-floor unit (market rent $1,000/month) and an occupied second-floor unit leased for $800 per month (market rent $1,000), a fully insulated shop with kitchen, bathroom, and air conditioning suitable for studio apartment use (market rent $700/month), and a barn with pasture currently leased for horse storage at $350 per month. Current rental income is below market, providing a value-add opportunity through lease-up and rent increases.
Investment Highlights
- ±4.97 acres
- ±3,000 SF residence leased at $1,000/month (market rent $1,500)
- ±2,000 SF,Two-story apartment building with one occupied unit at $800/month and one vacant unit (market rent $1,000/month)
- Insulated shop with kitchen, bathroom, and air conditioning suitable for studio apartment (market rent $700/month)
- Barn and pasture previously leased for horse storage at $350/month
- Below-market in-place rents with value-add potential
- Frontage on West Bert Kouns Industrial Loop
- Excess land for expansion, redevelopment, or outdoor storage
- Suitable for commercial, industrial, or investment use
- Access to US Highway 171, I-49, and I-20
- Minutes from Downtown Shreveport and regional commercial centers