Remodeled Bossier
416 Colquitt Street Bossier City, LA 71111
For Sale
$199,900
Fully remodeled triplex with two buildings and three one-bedroom, one-bath units.
Property Size2,120 SF
Price / SF$94.29
Days on Market133
Property Features for 416 Colquitt Street
General Information
- Standard status
- Active
- Size
- 2,120 SF
- Property subtype
- Multi-Family / Triplex
Building Details
- Year Built
- 1942
Listing Agency:
Diamond Realty & Associates
(318) 393-2938
Listed By:
Desiree Davis · License #0995695418
(318) 393-2938
Source:
Compass
Added: Mar 16
Changed: Jul 23
Last Checked: Jul 26 at 1:43PM
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 Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This completely remodeled Bossier triplex includes two buildings: one duplex and one single half apartment. The property provides three one-bedroom, one-bath units, and recent upgrades are noted throughout, including a new roof, new plumbing, and new electrical work.
The units are described as within walking distance to Bossier Elementary. Public remarks indicate the three units collectively generate $2,100 per month in total rent.
The seller notes the property can be sold as part of a package deal with several other listed properties, with MLS references provided in the remarks.
The units are described as within walking distance to Bossier Elementary. Public remarks indicate the three units collectively generate $2,100 per month in total rent.
The seller notes the property can be sold as part of a package deal with several other listed properties, with MLS references provided in the remarks.
Key Highlights
- Completely remodeled Bossier triplex with 3 total units in two buildings
- Two buildings: one duplex and one single half apartment, for three 1‑bedroom, 1‑bath units
- New roof plus remodeled plumbing and electrical
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $12.60 |
| − Vacancy | −$1.3k | −$0.60 |
| EGI | $25.4k | $12.00 |
| − OpEx | −$7.6k | −$3.60 |
| NOI | $17.8k | $8.40 |
2,120 SF · lease $12.60/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$254.4K
$222.6K – $296.8K
NOI $17,810 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$222.2K
$194.4K – $259.2K
NOI $15,552 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$360.9K
$315.8K – $421.0K
NOI $25,262 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Fully remodeled triplex with two buildings and three one-bedroom, one-bath units.
Where is this triplex located?
The property is located at 416 Colquitt Street Bossier City, LA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Completely remodeled Bossier triplex with 3 total units in two buildings; Two buildings: one duplex and one single half apartment, for three 1‑bedroom, 1‑bath units; New roof plus remodeled plumbing and electrical
