3717 Dilg League Dr, Shreveport, LA 71109

$54,000

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List Price
$54,000
MLS#
21299390
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1999
Construction Status
Preowned
Acres
0.24
County
Caddo
City
Shreveport
Subdivision
Lake Gardens Sub
Building Name
Na

Property Description

The seller prefers a PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing, seller financing, subject to, wrap, lease option, or owner financed terms offered. Cash, DSCR, portfolio loan, or verifiable third party financing only. This portfolio offers immediate income with upside through lease renewals, vacant unit stabilization, and rent growth toward projected market rents. The package includes mostly single family rental homes with a mix of occupied, renewed, Section 8, and value add vacant units. Bedroom counts range from 1 bedroom units to 4 bedroom homes, with many leases extending into 2026 and 2027. According to the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. Projected stabilized rent is approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16. Rental income is subject to change as units may be leased, renewed, vacated, or adjusted while listed. The value add opportunity includes leasing vacant inventory, completing turns or inspections, renewing tenants at market supported rents, and tightening operations. Highlights include 50 total units, Shreveport Bossier locations, mostly SF rental housing, current rent of approximately $34,905 per month, projected stabilized rent of approximately $50,056 per month, and a mix of occupied, vacant, renewed, and Section 8 units. Financials, rent roll, property level details, and due diligence materials are available to qualified buyers upon request. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access. Please do not disturb tenants.

Additional Information

Lot Size
10,628
Acres
0.24
Interior Features
Other
Flooring
Other
Foundation
Other
Roof
Other
Stories
1
Pool Features
None
Parking Garage
Other
School District
Caddo Psb
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of Lee Nugent from Pinnacle Realty Advisors. Contact: 318-233-1045