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 Market156
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
Listed By:
Grant Smith · License #995706728
(318) 470-3676
Source:
Lacdb.resimplifi
Added: May 15
Changed: Oct 16
Last Checked: Oct 16 at 5:57AM
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
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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 / Yr
$18,238
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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
