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Apartment Building with Central Heat and Air
New
For Sale
$285,000

304 Herndon Street, Shreveport, LA 71101

For-sale apartment building with central heating and air in every unit and tenants paying all utilities.

Property Size3,968 SF
Price / SF$71.82
Days on Market4

Property Features for 304 Herndon Street

General Information

Standard status Active
Size 3,968 SF
Property subtype Commercial

Amenities

central heat and air

Building Details

Building Size 3,968 SF
Year Built 1969
Listing Agency: Century 21 Elite
Listed By: Steve Afentul · License #0000059562
Source: Fullhouserealtytx
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 1:34PM

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 Century 21 Elite

Investment Insights

Based on property information with market context.

Apartment building for sale built in 1969, offering central heat and air in all units. Tenant-paid utilities are a key operating feature, with utilities paid by the tenants.

The building totals 3,968 square feet. The provided expense note indicates expenses did not include the cost of taxes and insurance.

For buyers evaluating an income property, the combination of consistent in-unit HVAC and tenant responsibility for utilities are practical factors to underwrite at the unit level and plan for ongoing operations.

Key Highlights

  • Central heat and air in all units
  • Tenants pay all utilities
  • Built in 1969

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,451
Businesses Nearby

Demographics for 71101, LA

6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For-sale apartment building with central heating and air in every unit and tenants paying all utilities.
Where is this apartment building located?
The property is located at 304 Herndon Street Shreveport, LA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Central heat and air in all units; Tenants pay all utilities; Built in 1969
More about this property
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