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Sherwood Forest Apartment Building
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2307 Foster St, Bossier City, LA 71112

Workforce housing asset within a four-property Bossier City portfolio.

Property Size56,536 SF
Days on Market192

Property Features for 2307 Foster St

General Information

Standard status Active
Size 56,536 SF
Property subtype Multifamily
Net Operating Income $2,606,847

Additional Details

Multifamily Units 562

Building Details

Year Built 1974
Units 72
Listing Agency: Marcus & Millichap - Baton Rouge
Listed By: Steve Greer · License #LA995710346
Source: Crexi
Added: Feb 21 Changed: Aug 30 Last Checked: Sep 1 at 6:09AM

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 Marcus & Millichap - Baton Rouge

Investment Insights

Based on property information with market context.

Sherwood Forest is an apartment building constructed in 1974 and included in a four-property workforce housing portfolio comprising 562 units. The portfolio’s operating plan includes utility reimbursements or RUBS where applicable, revenue recovery, loss-to-lease capture, and targeted improvements to apartment interiors and property exteriors.

The portfolio is distributed across Bossier City near major retail corridors, regional employers, and key transportation routes. Market occupancy is reported at 93 percent, providing context for current renter demand in the Bossier City multifamily market. The property is located at 2307 Foster St, Bossier City, LA 71112.

Key Highlights

  • Part of a four‑property Bossier City workforce housing portfolio
  • Portfolio totals 562 units
  • Apartment building constructed in 1974

Property Analytics

Current Use

Sherwood Forest Apartments Apartment Complex

Suggested Use

Top Pick Dental Office Parking Lot & Garage Cafe & Coffee Shop Kitchen & Bath Showroom Acupuncture Plumbing Service

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

Lease Details

562
Residential units

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Demographics for 71112, LA

32,561
Population
14,248
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
92%
High-School Grad
41.7 sq mi
ZIP Area
781
Density / Sq Mi
$59,814
Median Household Income
$41,110
Median Earnings
$1,181
Median Rent
$183,600
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 - Workforce housing asset within a four-property Bossier City portfolio.
Where is this apartment building located?
The property is located at 2307 Foster St Bossier City, LA.
What are key features of this property?
This property features: Part of a four‑property Bossier City workforce housing portfolio; Portfolio totals 562 units; Apartment building constructed in 1974
(225) 329-8385 Call to check price and availability
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