Multi-Family Portfolio
For Sale
Under Contract
$41,000
204 Montgomery Street, Bossier City, LA 71111
ResidentialIncome, Bossier City, LA
Property SizeContact for details
Lot Size0.01 Acres
Days on Market58
Property Features for 204 Montgomery Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Cumberland Sub
Elementary school district
Bossier PSB
Middle school district
Bossier PSB
High school district
Bossier PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
138789
Lot size
0.01 Acres
Taxes and HOA fees
Tax Description
E 5 FT OF LOT 1, LOT 2, BLK FF, CUMBERLAND SU
Legal Description
E 5 FT OF LOT 1, LOT 2, BLK FF, CUMBERLAND SU
Utilities
Sewer type
Public Sewer
Building Details
Year built
1957
Floors in Building
1
Number of units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Lee Nugent · License #0995695038
(318) 347-3332
Added: Jun 29
Changed: Aug 20
Last Checked: Aug 25 at 9:06PM
MLS# 21299397
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing is for a multi-family residential rental portfolio offered as a package sale only. The portfolio includes 49 properties totaling 50 residential units, comprised mostly of single-family rental homes. Units include a range of bedroom sizes from 1-bedroom through 4-bedroom homes, with a mix of occupied units, renewed leases, Section 8 units, and value-add vacant inventory.
The properties are located in the Shreveport-Bossier area, with the address provided as 204 Montgomery Street, Bossier City, LA 71111. The rent roll provided indicates current monthly rental income of approximately $34,905, with an annualized figure of approximately $418,860. The same materials project stabilized monthly rent of approximately $50,056, or $600,672 annually, assuming vacant units are leased and rents are moved closer to target levels. The listing also notes estimated 2025 insurance of $24,102.92 and estimated 2025 city and parish taxes of $26,500.16.
This portfolio may suit buyers seeking immediate income while working through lease renewals and vacant-unit stabilization as part of value-add execution. Many leases are noted as extending into 2026 and 2027. Documentation and access are available only to qualified buyers, with proof of funds or lender preapproval required prior to receiving full materials or scheduling property access. Tenants are not to be disturbed.
The properties are located in the Shreveport-Bossier area, with the address provided as 204 Montgomery Street, Bossier City, LA 71111. The rent roll provided indicates current monthly rental income of approximately $34,905, with an annualized figure of approximately $418,860. The same materials project stabilized monthly rent of approximately $50,056, or $600,672 annually, assuming vacant units are leased and rents are moved closer to target levels. The listing also notes estimated 2025 insurance of $24,102.92 and estimated 2025 city and parish taxes of $26,500.16.
This portfolio may suit buyers seeking immediate income while working through lease renewals and vacant-unit stabilization as part of value-add execution. Many leases are noted as extending into 2026 and 2027. Documentation and access are available only to qualified buyers, with proof of funds or lender preapproval required prior to receiving full materials or scheduling property access. Tenants are not to be disturbed.
Key Highlights
- 49‑property, 50‑unit residential rental portfolio in Shreveport‑Bossier City, LA, offered only as a single complete package
- Current rental income is approximately $34,905/month (~$418,860 annualized) per the provided rent roll
- Projected stabilized rent is approximately $50,056/month (~$600,672 annually) once vacant units are leased and rents move toward target levels
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 71111, LA
44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Multi-family rental portfolio offered as a complete package with a mix of occupied and vacant units.
Where is this single family property located?
The property is located at 204 Montgomery Street Bossier City, LA.
What is the asking price?
The asking price for this property is $41,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport‑Bossier City, LA, offered only as a single complete package; Current rental income is approximately $34,905/month (~$418,860 annualized) per the provided rent roll; Projected stabilized rent is approximately $50,056/month (~$600,672 annually) once vacant units are leased and rents move toward target levels
