277 W 71st Street, Shreveport, LA 71106
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 2:06 am
Property Features for 277 W 71st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171425044006100
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- LOT 61, CEDAR GROVE ADDN. 171425-44-61
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Number of units
- 1
Listing agent Lee Nugent (318) 347-3332
Listing office Pinnacle Realty Advisors Shreveport, LA (318) 233-1045
Listing date Jun 29, 2026
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.
HighLights
- 1983‑built 50‑unit residential portfolio in Shreveport‑Bossier City, LA, for sale as one complete package only.
- Portfolio includes mostly single‑family rental homes with a mix of occupied, renewed, vacant value‑add, and Section 8 units.
- Current rental income is approximately $34,905 per month ($418,860 annualized).
- Projected stabilized rent is approximately $50,056 per month ($600,672 annually) once vacant units are leased and rents move toward targets.
- Unit mix ranges from 1‑bedroom units to 4‑bedroom homes, with many leases extending into 2026 and 2027.
- Utilities include public sewer; buyer must provide proof of funds or lender preapproval for rent roll and due diligence materials.
Overview
The portfolio is located in Shreveport-Bossier City, Louisiana, within Caddo Parish. Based on the provided documentation, many leases extend into 2026 and 2027. The seller notes that rental income can change as units are leased, renewed, vacated, or adjusted while the portfolio is listed. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16.
The property is best suited for buyers looking for a multi-property residential rental package and willing to manage a mix of occupied and vacant units through leasing, turns or inspections, and tenant renewals. The seller is not offering creative financing options; buyers must use cash, DSCR/portfolio lending, or verifiable third-party financing. Proof of funds or lender preapproval is required to receive full documentation and to schedule access, and tenants should not be disturbed.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.760775
- Latitude
- 32.440694