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531 E 73rd Street

Shreveport, Louisiana 71106
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Bed 2

Bed

Bath 1

Bath

Acres0.13

Acre(Lot)

PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package. Properties will not be sold individually. 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, cur rent 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 the portfolio is actively listed. The value add opportunity includes leasing vacant inventory, completing remaining turns or inspections, renewing tenants at market supported rents, and tightening operations Highlights include 50 total units, Shreveport-Bossier locations, mostly SF rental housing, approximately $34,905 per month in current rent, approximately $50,056 per month in projected stabilized rent, 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 pre approval before receiving full supporting documentation or scheduling property access. Please do not disturb tenants.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,420,000

AD Id : 86163897

MLS Id : 564444614

Beds : 2

Lot Size : 0.13 Acre

Year Built : 1992

County : Caddo

Subdivision: Rustic Oaks Addition

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Other

    Appliances

    Other

    Utilities

    City Sewer,City Water
  • Cooling Features

    Other

    Heating Source

    Other

  • Building Information

    Built Year: 1992 Building Area Total: 1,026 Construction: Other Roof Type: Other
  • Foundation

    Other
  • Construction Materials

    Other

  • Lot Information

    Lot Size (Acr): 0.1310 Lot Size Units: Acres Lot Size Square Feet: 5,706
  • Property Information

    Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Holland Subn City: Shreveport State: Louisiana Directions: USE GPS Property Status: Active Levels: One Property Age: 34 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $2,420,000
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 171425101004600 Tax Legal Description: LOT 46, HOLLAND SUBN., UNIT 2 Tax Lot: 46 Unexempt Taxes: $402

  • Parking Information

    Parking: 2 Parking Features: Other
  • Homeowners Association Information

    HOA Type: None

  • School Information

    School District: Caddo PSB
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
522 Rives Place, Shreveport, LA, 71106 $485,000 5 4 4,574 4,574 SqFt
178 Creston Lane, Shreveport, LA, 71106 $565,000 5 3 2,500 2,500 SqFt
393 Newburn Lane, Shreveport, LA, 71106 $585,000 4 4 2,527 2,527 SqFt
358 Newburn Lane, Shreveport, LA, 71106 $618,825 4 4 2,775 2,775 SqFt
1170 Waters Edge Circle, Shreveport, LA, 71106 $599,000 5 4 4,084 4,084 SqFt
1069 Waters Edge Circle, Shreveport, LA, 71106 $595,000 5 4 4,101 4,101 SqFt
191 Creston Lane, Shreveport, LA, 71106 $554,300 4 3 2,410 2,410 SqFt
195 Creston Lane, Shreveport, LA, 71106 $624,680 4 4 2,716 2,716 SqFt
414 Newburn Lane, Shreveport, LA, 71106 $535,000 4 3 2,341 2,341 SqFt
2673 Alvamar Drive, Shreveport, LA, 71106 $1,185,000 4 4 4,085 4,085 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 06/27/2026 @ 18:28

MLS: 564444614 LISTED BY: Lee Nugent, Pinnacle Realty Advisors 907-744-2452 SOURCE: NTREIS - North Texas Real Estate Information

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