Multi-Family Rental
131 E Gregg Street Shreveport, LA 71104
131 E Gregg Street, Shreveport, LA, 71104
$46,000
For Sale
$46,000
MULTI_FAMILY - Shreveport, LA
Lot Size0.12 Acres
Days on Market19
Property Features for 131 E Gregg Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171317003002500
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- LOT 25, LESS N. 5 FT. FOR R/W, HENRIETTA SUBN
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 1
Listing Agency
Pinnacle Realty Advisors
(318) 233-1045
Shreveport, LA
Listed by
Lee Nugent
(318) 347-3332
Added: Jun 29 Checked: Jul 17 at 11:06 pm
MLS# 21302640
Listing URL
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Investment Insights
Based on property information with market context.
For sale as a package only, this residential portfolio totals 49 properties and 50 rental units, located in the Shreveport-Bossier City area of Louisiana. The mix is primarily single-family rental homes, with a blend of occupied, renewed, Section 8, and value-add vacant units. Bedroom counts range from 1-bedroom through 4-bedroom homes. Many leases extend into 2026 and 2027. Current rental income is approximately $34,905 per month, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels.
The offering is located in Caddo Parish. The seller has provided estimated 2025 expenses including insurance of $24,102.92 and city and parish taxes of $26,500.16. Financials, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request, and access is subject to proof of funds or lender preapproval. Please do not disturb tenants.
This portfolio is suited for buyers seeking a multi-unit residential rental package with immediate income and a defined value-add component centered on leasing vacant inventory, completing turns or inspections, and renewing tenants. The seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing is available; the seller indicates cash, DSCR, portfolio loan, or verifiable third-party financing only.
The offering is located in Caddo Parish. The seller has provided estimated 2025 expenses including insurance of $24,102.92 and city and parish taxes of $26,500.16. Financials, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request, and access is subject to proof of funds or lender preapproval. Please do not disturb tenants.
This portfolio is suited for buyers seeking a multi-unit residential rental package with immediate income and a defined value-add component centered on leasing vacant inventory, completing turns or inspections, and renewing tenants. The seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing is available; the seller indicates cash, DSCR, portfolio loan, or verifiable third-party financing only.
Key Highlights
- 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).
- Current rental income is approximately $34,905/month, or $418,860 annualized, based on the provided rent roll.
- Projected stabilized rent is approximately $50,056/month, or $600,672 annually, after vacant units are leased and rents move toward target levels.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Package sale portfolio of 50 residential units across mostly single-family rentals, with occupied, renewed, Section 8, and vacant inventory.
Where is this single family property located?
The property is located at 131 E Gregg Street Shreveport, LA.
What is the asking price?
The asking price for this property is $46,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).; Current rental income is approximately $34,905/month, or $418,860 annualized, based on the provided rent roll.; Projected stabilized rent is approximately $50,056/month, or $600,672 annually, after vacant units are leased and rents move toward target levels.