3160 Shed Rd Bossier City, LA 71111

Listing Agency Marcus & Millichap - Baton Rouge Show Phone

Listed by Steve Greer · License #LA995710346

Source Crexi

Added: Feb 21 Checked: Jul 17 at 10:41 am

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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.

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FAQs

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.