Multi-Family Residential
For Sale
Under Contract
$44,000
424 Berry Street, Bossier City, LA 71111
ResidentialIncome, Bossier City, LA
Property SizeContact for details
Lot Size0.11 Acres
Days on Market58
Property Features for 424 Berry Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Hunter
Elementary school district
Bossier PSB
Middle school district
Bossier PSB
High school district
Bossier PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
128513
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
LOTS 15, 16, E 1/2 OF LOT 14, BLK. 8, HUNTER.
Tax Annual Amount
447
Legal Description
LOTS 15, 16, E 1/2 OF LOT 14, BLK. 8, HUNTER.
Utilities
Sewer type
Public Sewer
Building Details
Year built
1942
Floors in Building
1
Number of units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Lee Nugent · License #0995695038
(318) 347-3332
Added: Jun 29
Changed: Aug 20
Last Checked: Aug 25 at 10:06PM
MLS# 21299500
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Investment Insights
Based on property information with market context.
This offering is a for-sale residential income portfolio consisting of 49 properties and 50 total units. The mix is mostly single-family rental homes with a combination of occupied, renewed, Section 8, and value-add vacant units. Unit sizes range from 1-bedroom through 4-bedroom homes, and many leases extend into 2026 and 2027. The seller has indicated the portfolio is offered only as a complete package, and individual offers are discouraged.
The properties are located in the Shreveport/Bossier City area, in Bossier Parish, Louisiana, with 424 Berry Street referenced in the listing address. Based on the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. The listing also states an estimated projected stabilized rent of approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents move closer to target levels.
If you’re evaluating a residential rental portfolio, this package supports underwriting a blend of in-place leases plus vacancy and renewal scenarios. The seller describes a value-add focus that includes leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations. The listing indicates estimated 2025 insurance of $24,102.92 and estimated 2025 city and parish taxes of $26,500.16. The seller requests proof of funds or lender preapproval before sharing full documentation or scheduling access, and asks that tenants not be disturbed.
The properties are located in the Shreveport/Bossier City area, in Bossier Parish, Louisiana, with 424 Berry Street referenced in the listing address. Based on the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. The listing also states an estimated projected stabilized rent of approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents move closer to target levels.
If you’re evaluating a residential rental portfolio, this package supports underwriting a blend of in-place leases plus vacancy and renewal scenarios. The seller describes a value-add focus that includes leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations. The listing indicates estimated 2025 insurance of $24,102.92 and estimated 2025 city and parish taxes of $26,500.16. The seller requests proof of funds or lender preapproval before sharing full documentation or scheduling access, and asks that tenants not be disturbed.
Key Highlights
- 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA offered as a single package only
- Current rental income of approximately $34,905 per month ($418,860 annualized) per provided rent roll
- Projected stabilized rent of approximately $50,056 per month ($600,672 annually) after vacant units are leased and rents move toward target levels
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
81
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?
Single family property - Portfolio of 50 residential units with a mix of occupied, renewed, Section 8, and value-add vacant inventory.
Where is this single family property located?
The property is located at 424 Berry Street Bossier City, LA.
What is the asking price?
The asking price for this property is $44,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA offered as a single package only; Current rental income of approximately $34,905 per month ($418,860 annualized) per provided rent roll; Projected stabilized rent of approximately $50,056 per month ($600,672 annually) after vacant units are leased and rents move toward target levels
