3215 Bert Kouns Industrial Loop - Apartments FOR SALE


Shreveport, LA 71118- Jenkins Subdiv/Pinecroft Subdiv
$625,000 USD
318-470-3676
3215 Bert Kouns Industrial Loop, Shreveport, LA for Sale
$625,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3215 Bert Kouns Industrial Loop
Shreveport, LA 71118
Jenkins Subdiv/Pinecroft Subdiv


OVERVIEW

Multi-family investment property consisting of approximately ±4.97 acres with multiple income-producing improvements and land for future development or expansion. Improvements include a ±3,000 SF single-family residence currently leased for $1,000 per month (market rent $1,500), a two-story ±2,000 SF apartment building with a vacant first-floor unit (market rent $1,000/month) and an occupied second-floor unit leased for $800 per month (market rent $1,000), a fully insulated shop with kitchen, bathroom, and air conditioning suitable for studio apartment use (market rent $700/month), and a barn with pasture currently leased for horse storage at $350 per month. Current rental income is below market, providing a value-add opportunity through lease-up and rent increases. Located on West Bert Kouns Industrial Loop, the property provides access to US Highway 171 (±2 miles), I-49 (±4 miles), I-20 (±8 miles), and Downtown Shreveport (±9 miles). The property is positioned within an established commercial corridor serving the Shreveport-Bossier market with convenient access to major transportation routes.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

4

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.97 AC

LAND SF

216,493 SF

ZONING

-

APN/PARCEL ID

161405-002-0018-00

ASK ABOUT THIS PROPERTY

Grant Smith, CCIMSealy & CompanyMore Info
318-470-3676

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Grant Smith, CCIMSealy & CompanyMore Info
318-470-3676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.