128-Unit Garden-Style Apartment
For Sale
Contact for pricing
8040 Line Ave, Shreveport, LA 71106
Garden-style multifamily community with eight two-story buildings, surface parking, internal drives, and direct Line Avenue access.
Property Size84,739 SF
Lot Size5.00 Acres
Price / SF$2.36
Days on Market125
Property Features for 8040 Line Ave
General Information
Standard status
Active
Size
84,739 SF
Total Parking Spaces
214
Lot size
5.00 Acres
Property subtype
Multifamily
Zoning
R-3
Occupancy
17%
Property Condition
Severity
Repairs Needed
Evidence
deferred maintenance
Additional Details
Road Access
Yes
Multifamily Units
128
Building Details
Year Built
1972
Buildings
8
Stories
2
Units
128
Construction
garden-style
Listing Agency:
Colliers - Chicago Downtown, Illinois
(312) 612-5944
Listed By:
Lauren Stoliar · License #475177222
Source:
Crexi
Added: May 1
Changed: Aug 29
Last Checked: Aug 31 at 11:11AM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
The Pines Apartments is a garden-style multifamily asset comprising 128 units across eight two-story residential buildings. The campus includes surface parking and internal drives, with a reported property size of 84,739 square feet on approximately 5.0 acres. Constructed in 1972, the property is described as having varying conditions in portions of the site, including deferred maintenance and potential structural loss. Occupancy data indicates approximately 82.8% vacancy.
The property has direct access to Line Avenue at 8040 Line Ave in Shreveport and is situated within an established residential neighborhood near retail, services, and community infrastructure. R-3 zoning is identified for the site. Property tours are available by appointment through the listing broker.
The property has direct access to Line Avenue at 8040 Line Ave in Shreveport and is situated within an established residential neighborhood near retail, services, and community infrastructure. R-3 zoning is identified for the site. Property tours are available by appointment through the listing broker.
Key Highlights
- 128‑unit multifamily community on approximately 5.0 acres
- Eight two‑story residential buildings in a garden‑style layout
- 84,739 square feet of reported property size
Property Analytics
Property Profile
Current Use
Lease Details
128
Residential units
17.2%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
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?
Apartment building - Garden-style multifamily community with eight two-story buildings, surface parking, internal drives, and direct Line Avenue access.
Where is this apartment building located?
The property is located at 8040 Line Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 128‑unit multifamily community on approximately 5.0 acres; Eight two‑story residential buildings in a garden‑style layout; 84,739 square feet of reported property size
