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91-Unit Multifamily Community in Shreveport
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5638 S Lakeshore Dr, Shreveport, LA 71119

Well-located multifamily asset with strong renter appeal and long-term value.

Property Size1,188 SF
Days on Market128

Property Features for 5638 S Lakeshore Dr

General Information

Standard status Active
Size 1,188 SF
Property subtype Multifamily
Occupancy 81%

Amenities

Towers at Cross Lake is a 91-unit multifamily community located on South Lakeshore Drive in Shreveport, directly across from Cross Lake and within close proximity to Ford Park, major retail corridors,
Built in 1987, the property features a predominantly one- and two-bedroom unit mix with an average unit size of approximately 1,188 square feet, offering residents larger-than-average layouts.
Fireplaces, washer/dryer connections, balconies/patios, elevator access, central HVAC, designer lighting, and garage parking enhance resident appeal and leasing competitiveness.
Towers at Cross Lake benefits from its established presence in the Western Hills/Yarborough area, a submarket defined by accessible rent points and limited new competitive supply.

Building Details

Units 91
Listing Agency: Baton Rouge Office
Listed By: John Hamilton · License #License(s): LA: BROK.68998-ASA
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 8 Last Checked: Aug 8 at 2:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baton Rouge Office

Investment Insights

Based on property information with market context.

The Towers at Cross Lake is a 91-unit multifamily community located at 5638 South Lakeshore Drive in Shreveport, Louisiana. Constructed in 1987, the property is situated in a highly accessible area near Cross Lake, offering a combination of suburban surroundings and connectivity to major employment and retail nodes. It also provides convenient access to downtown Shreveport, Bossier City, and the regional airport. The community features spacious one- and two-bedroom apartment homes averaging approximately 1,188 square feet. Resident amenities include fireplaces, washer/dryer connections, balconies or patios, central air and heat, elevator service, and garage parking. Updated design features contribute to everyday livability. The property is positioned as an attractive workforce-oriented housing option due to its location and established identity within the submarket. It is well-suited for investors seeking a community with a strong physical presence and broad renter appeal, with the ability to drive long-term value through strategic management and selective capital improvements. The property's convenient location, functional unit layouts, and enduring market appeal allow it to compete effectively within the surrounding multifamily landscape.

Key Highlights

  • Located in a highly accessible area near Cross Lake, offering a desirable combination of suburban surroundings and connectivity to major employment and retail nodes.
  • Spacious one- and two‑bedroom apartment homes averaging approximately 1,188 square feet.
  • Resident amenity package includes fireplaces, washer/dryer connections, balconies or patios, central air and heat, and elevator service.

Property Analytics

Current Use

SweetsbySydni Bakery The Towers at Cross Lake Apartment Complex Sangbahn Y. Scere Law Firm Trinity Devlo Llc Apartment Building

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Auto Repair Shop Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 71119, LA

10,724
Population
5,239
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
40.2 sq mi
ZIP Area
267
Density / Sq Mi
$58,378
Median Household Income
$43,924
Median Earnings
$1,103
Median Rent
$184,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-located multifamily asset with strong renter appeal and long-term value.
Where is this apartment building located?
The property is located at 5638 S Lakeshore Dr Shreveport, LA.
What are key features of this property?
This property features: Located in a highly accessible area near Cross Lake, offering a desirable combination of suburban surroundings and connectivity to major employment and retail nodes.; Spacious one- and two‑bedroom apartment homes averaging approximately 1,188 square feet.; Resident amenity package includes **fireplaces, washer/dryer connections, balconies or patios, central air and heat, and elevator service.**
More about this property
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