For Sale
$405,234

2412 Highland AveShreveport, LA 71104

Six-unit Shreveport rental property

Overview

Added:
Dec 11, 2024
Days on market:
113
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.

Highlights

  • $405,234 asking price for a six-unit multifamily portfolio in Shreveport, LA.
  • Six single-family rental units, Class C, priced at $67,539 per unit.
  • Located at 2412 Highland Ave, Shreveport, LA 71104.
  • Offered as a 1031 exchange opportunity.
  • Portfolio is part of a larger 100-unit offering; individual unit pricing and rent amounts vary.

Property Details for 2412 Highland Ave

Property type
Residential income homes
Class
C
Units
6

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.488256
Longitude
-93.7398543
2412 Highland Ave, Shreveport, Louisiana

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2412 Highland Ave
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