Multifamily Property with Multiple
For Sale
$625,000
3215 W Bert Kouns Industrial Loop, Shreveport, LA 71118
Multiple residential improvements occupy approximately five acres with additional land identified for future development or expansion.
Property Size2,455 SF
Lot Size4.97 Acres
Price / SF$254.58
Days on Market110
Property Features for 3215 W Bert Kouns Industrial Loop
General Information
Standard status
Active
Size
2,455 SF
Lot size
4.97 Acres
Property subtype
Multifamily
Zoning
R-1-12
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1998
Listing Agency:
Sealy Real Estate Services LLC
(318) 470-3676
Listed By:
Grant Smith · License #995706728
(318) 470-3676
Source:
Lacdb.resimplifi
Added: May 15
Changed: Aug 31
Last Checked: Sep 1 at 2:53PM
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 Sealy Real Estate Services LLC
Investment Insights
Based on property information with market context.
This multifamily property spans approximately 4.97 acres and includes several existing improvements. The residential components consist of a single-family residence measuring approximately 3,000 SF and a two-story apartment building of approximately 2,000 SF. The property also includes an insulated shop with a kitchen, bathroom, and air conditioning, along with a barn and pasture used for horse storage.
The property is located on West Bert Kouns Industrial Loop in Shreveport, with access to US Highway 171 at approximately 2 miles, I-49 at approximately 4 miles, I-20 at approximately 8 miles, and Downtown Shreveport at approximately 9 miles. The site includes land designated for future development or expansion and is positioned within an established commercial corridor serving the Shreveport-Bossier market.
The property is located on West Bert Kouns Industrial Loop in Shreveport, with access to US Highway 171 at approximately 2 miles, I-49 at approximately 4 miles, I-20 at approximately 8 miles, and Downtown Shreveport at approximately 9 miles. The site includes land designated for future development or expansion and is positioned within an established commercial corridor serving the Shreveport-Bossier market.
Key Highlights
- Approximately 4.97 acres with multiple existing improvements and land for future development or expansion
- Approximately 3,000 SF single‑family residence currently leased
- Two‑story apartment building measuring approximately 2,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,238
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$364,760
$364.8K
Cap Rate 7%
$260,543
$260.5K
Cap Rate 9%
$202,644
$202.6K
Market Conditions
NOI Build-Up for 2,455 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.4K $14.40/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$33.2K $13.51/SF
− OpEx
−$14.9K −$6.08/SF
NOI
$18.2K $7.43/SF
Area
Shreveport, LA
Vacancy
6.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$364,760
Cap Rate 7%
$260,543
Cap Rate 9%
$202,644
Alternative Uses
Best Use
Apartment 5plus
$260.5K
$228.0K – $304.0K
NOI $18,238 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.2K
$453.4K – $604.5K
NOI $36,271 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 71118, LA
24,582
Population
10,078
Households
2.4
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
13.1 sq mi
ZIP Area
1,876
Density / Sq Mi
$56,952
Median Household Income
$37,241
Median Earnings
$1,009
Median Rent
$168,600
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?
Multifamily property - Multiple residential improvements occupy approximately five acres with additional land identified for future development or expansion.
Where is this multifamily property located?
The property is located at 3215 W Bert Kouns Industrial Loop Shreveport, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Approximately 4.97 acres with multiple existing improvements and land for future development or expansion; Approximately 3,000 SF single‑family residence currently leased; Two‑story apartment building measuring approximately 2,000 SF
