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50 Locations

LM
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham
$2,900,000
7 days on market
Updated 7 days ago

50 Unit Residential Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 50
Cap Rate 8.90%
NOI $257,139
Tenancy Multi
Pro-Forma NOI $393,498
Buildings 49
Lot Size (SqFt) 800 - 3,000
Investment Type Value Add

332 Prospect St, Shreveport, LA 71104

Marketing description

49 Property | 50 Unit Residential Rental Portfolio – Shreveport & Bossier City, Louisiana

Seller is offering the portfolio only as a complete package. Properties will not be sold individually. No creative financing, seller financing, subject-to, wraps, lease options, or owner financing. Cash, DSCR, portfolio loans, or verifiable third-party financing only.

This portfolio provides immediate cash flow with upside through lease renewals, vacant unit stabilization, and rent growth toward market rates. The package consists primarily of single-family rental homes with a mix of occupied, Section 8, renewed, and value-add vacant units. Units range from 2 to 4 bedrooms, with many leases extending into 2026 and 2027.

According to the current rent roll, rental income is approximately $34,905 per month ($418,860 annualized). Projected stabilized rent is approximately $50,056 per month ($600,672 annualized) once vacant units are leased and rents are adjusted closer to market 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 while the portfolio remains actively marketed.

Value-add opportunities include leasing vacant units, completing remaining turns and inspections, renewing tenants at market-supported rents, and improving operations across this geographically concentrated Northwest Louisiana portfolio.

Financials, rent roll, property-level details, and due diligence materials are available to qualified buyers. Proof of funds or lender pre-approval is required before receiving documentation or scheduling property access. Please do not disturb tenants.

Investment highlights

  • No seller financing or creative financing (no subject-to, wraps, lease options, or owner financing) Cash, DSCR, portfolio loan, or verifiable third-party financing only.
  • Significant value-add opportunity through leasing vacant units and increasing rents toward market levels.
  • Primarily single-family rental homes with a diversified unit mix.
  • Many existing leases extend into 2026 and 2027, providing income stability.
  • Opportunity to increase NOI through: Leasing vacant inventory, Completing remaining turns and inspections, Renewing tenants at market-supported rents.

Listing Contacts

LM
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$257,139.00
$21,428.25/mo

Valuation Metrics

0
DSCR
8.87%
Cap Rate
8.87%
ROI

Map

Zoning

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R-1-5 ResidentialSingle FamilySingle Family Residential
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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