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.