Listed by Marcus & Millichap - Baton Rouge
Unpriced
The encore on kingston
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 238,000
Units 280
NOI $1,373
Year Built 1984
Buildings 35
Stories 2
Acreage 17.940
Parking Spaces 575 spaces
Parking Per SqFt 2.42
Multifamily | 280 Units
Marketing description
Encore on Kingston is a 280-unit multifamily community located in Shreveport. Louisiana, offering a compelling combination of current cash flow and a straightforward stabilization runway. The property features a mix of 1-, 2-, and 3-bedroom apartments with classic functional layouts, plus resident-preferred touches such as patios/balconies, dining areas, walk-in closets, and select washer/dryer hookups. The community amenities include two swimming pools, a fitness center, tennis court, playground, laundry facilities, and ample parking, supporting consistent leasing demand.
This offering is positioned as a classic value-add/stabilization opportunity-not reliant on major redevelopment-where an investor can drive returns through improved occupancy, tighter revenue management, and strategic rent positioning. The revenue story centers on capturing embedded rent growth (closing the gap between in-place rents and market), reducing vacancy drag through stronger leasing execution, and optimizing ancillary income streams that naturally align with the existing amenity set and operating profile.
Encore on Kingston benefits from its placement within the Shreveport metro and the everyday-needs convenience that supports renter decision-making. The asset's scale, unit mix, and amenity package create multiple paths to execution: a buyer can run a clean stabilization plan, pursue targeted interior upgrades over time, or focus on operational efficiencies to grow NOI. The result is a well-rounded acquisition suitable for investors seeking durable occupancy, scalable operations, and measurable upside in a large multifamily community.
Investment highlights
- Scale Operational Leverage: Institutional-size footprint that supports efficient staffing, contracting, and meaningful NOI lift from even modest occupancy/rent gains.
- Stabilization Upside from Current Occupancy: In-place occupancy provides immediate cash flow with a clear path to value creation through leasing momentum, renewal strategy & tighter vacancy management
- Durable Unit Mix with Broad Renter Demand: Spacious 1-,2-, and 3-bedroom layouts that appeal to working households and long-term residents- supporting retention and reducing turnover costs over time
- Amenity Package: Two pools, fitness center, tennis court, playground, laundry, ample parking, on-site management/maintenance, and pet-friendly policies that support leasing and renewals
- Location: Shreveport, Louisiana serves as a regional hub in northwest Louisiana with access to cultural attractions, dining, retail, and entertainment. With the Red River nearby and proximity to key commercial corridors, teh area supports consistent rental demand from residents seeking affordability and convenience in a central metro location.
Listing Contacts
Listed by Marcus & Millichap - Baton Rouge
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,373.02
$114.42/mo
Valuation Metrics
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Zoning
R-3 ResidentialMulti FamilyMultifamily Residential
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View all 142 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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