Bossier City Multifamily
For Sale
Contact for pricing
Pending
3160 Shed Rd, Bossier City, LA 71111
Four-property, 562-unit multifamily portfolio in Bossier City, Louisiana.
Property Size200,488 SF
Days on Market192
Property Features for 3160 Shed Rd
General Information
Standard status
Pending
Size
200,488 SF
Property subtype
Multifamily
Net Operating Income
$2,606,847
Building Details
Year Built
1973
Units
246
Listing Agency:
Marcus & Millichap - Baton Rouge
(225) 329-8385
Listed By:
Steve Greer · License #LA995710346
Source:
Crexi
Added: Feb 21
Changed: Aug 24
Last Checked: Aug 31 at 5:56AM
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.
The Bossier City Portfolio comprises four workforce housing properties, totaling 562 units, located in Bossier City, Louisiana. These assets are strategically positioned throughout the city, offering convenient access to major retail areas, regional employers, and key transportation routes, which supports consistent tenant demand. The scale of the portfolio allows for operational efficiencies and supports a consistent value-add program. This program focuses on revenue recovery through utility reimbursements where applicable, capturing loss-to-lease opportunities, and implementing targeted interior and exterior upgrades. The Bossier City multifamily market demonstrates strong fundamentals, currently operating at a 93 percent occupancy rate, indicating healthy and sustained renter demand. The total property size is 200488 square feet.
Key Highlights
- Large portfolio of 562 units offers economies of scale.
- Boasting a strong 93% occupancy rate.
- Value‑add program presents significant upside potential through revenue recovery and upgrades.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
750
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?
Apartment building - Four-property, 562-unit multifamily portfolio in Bossier City, Louisiana.
Where is this apartment building located?
The property is located at 3160 Shed Rd Bossier City, LA.
What are key features of this property?
This property features: Large portfolio of 562 units offers economies of scale.; Boasting a strong 93% occupancy rate.; Value‑add program presents significant upside potential through revenue recovery and upgrades.
