2638 Morningside Drive, Shreveport, LA 71108
ResidentialIncome, Shreveport, LA
Property Features for 2638 Morningside Drive
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The portfolio is located in Shreveport/Bossier City, Louisiana, within Caddo Parish, and the listing address is 2638 Morningside Drive, Shreveport, LA 71108. Tenant disturbance is discouraged; access and additional documentation are limited, and the seller requires proof of funds or lender preapproval before releasing full documentation or scheduling property access.
For investors or owner-operators seeking a multi-property residential portfolio, this package supports a straightforward value-add approach focused on leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations based on the provided rent roll and unit mix. The seller also specifies portfolio-only terms and does not offer creative financing, including seller financing, subject-to, wrap, lease option, or owner financing; cash, DSCR, portfolio loan, or verifiable third-party financing only.
Key Highlights
- 50‑unit residential rental portfolio in Shreveport‑Bossier City, LA, built in 1988
- Current rent roll of approximately $34,905/month ($418,860 annualized) across occupied and vacant units
- Projected stabilized rent of approximately $50,056/month ($600,672 annualized) after leasing vacant units and moving toward target rents
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 71108, LA
Market
Vacancy Rate% for Multifamily in South region