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2703 Jerome Lane

Shreveport, Louisiana 71107
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Bed 0

Bed

Bath 0

Bath

Acres0.21

Acre(Lot)

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 prov ided 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $70,000

AD Id : 87071338

MLS Id : 564929573

Lot Size : 0.21 Acre

Year Built : 2006

County : Caddo

Subdivision: Morningside Sub

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Other

    Appliances

    Other

    Utilities

    City Sewer
  • Cooling Features

    Other

    Heating Source

    Other

  • Building Information

    Built Year: 2006 Building Area Total: 1,011 Construction: Other Roof Type: Other
  • Foundation

    Other
  • Construction Materials

    Other

  • Lot Information

    Lot Size (Acr): 0.2060 Lot Size Units: Acres Lot Size Square Feet: 8,973
  • Property Information

    Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Evelyn Heights City: Shreveport State: Louisiana Directions: USE GPS Property Status: Active Levels: One Property Age: 20 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $70,000
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 181420019001500 Tax Legal Description: LOT 15, EVELYN HEIGHTS, LESS R/W, 181420-19-1 Tax Lot: 15

  • Parking Information

    Parking: 2 Parking Features: Other
  • Homeowners Association Information

    HOA Type: None

  • School Information

    School District: Caddo PSB
  • Utility Information

    Utilities: City Sewer
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1110 Dunbriar Drive, Shreveport, LA, 71107 $110,000 3 2 1,032 1,032 SqFt
1209 Crestmoor Drive, Shreveport, LA, 71107 $117,000 3 2 1,076 1,076 SqFt
409 Chickasaw Trail, Shreveport, LA, 71107 $110,000 2 2 1,124 1,124 SqFt
426 Chickasaw Trail, Shreveport, LA, 71107 $64,000 3 2 866 866 SqFt
442 Chickasaw Trail, Shreveport, LA, 71107 $67,000 3 1 1,205 1,205 SqFt
3530 Old Mooringsport R.., Shreveport, LA, 71107 $1,550,000 3 3 3,414 3,414 SqFt
3742 Cornell Drive, Shreveport, LA, 71107 $212,000 3 2 1,481 1,481 SqFt
3116 Idledays Drive, Shreveport, LA, 71107 $175,000 3 2 1,249 1,249 SqFt
908 Deer Park Road, Shreveport, LA, 71107 $189,000 3 2 1,525 1,525 SqFt
743 Dodd Drive, Shreveport, LA, 71107 $224,500 3 3 2,103 2,103 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/01/2026 @ 11:32

MLS: 564929573 LISTED BY: Lee Nugent, Pinnacle Realty Advisors 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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