2412 Highland Ave Shreveport, LA 71104
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 2412 Highland Ave
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of six single-family rental units located at 2412 Highland Ave, Shreveport, Louisiana, 71104. This Class C multifamily property is part of a larger portfolio totaling approximately 100 units, with this initial offering comprising 23 units. The asking price for this six-unit package is $405,234, representing a price per unit of $67,539. The units are predominantly in good condition and currently occupied, boasting a near-100% occupancy rate historically, with many long-term tenants. Significant capital expenditures have been invested in recent years, including new roofs on several properties. Two units at 2412 Highland Ave generate a combined monthly rent of $1525. This offering is structured for a 1031 exchange, requiring flexibility in closing timelines. A Letter of Intent (LOI) and proof of funds or pre-approval are necessary to schedule viewings. The seller is open to negotiating larger property packages. This is a rare chance to acquire a well-maintained, high-performing rental portfolio in a desirable Shreveport location. Individual unit pricing is available upon request. The total monthly rent for this six-unit portfolio is $4715.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.7398543
- Latitude
- 32.488256
