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3215 Bert Kouns Industrial Loop 4 Unit Apartment Building $625,000 ($156,250/Unit) Shreveport, LA 71118
Executive Summary
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.
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.
Property Facts
| Price | $625,000 | Apartment Style | Garden |
| Price Per Unit | $156,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.97 AC |
| No. Units | 4 | Building Size | 5,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1998 |
| Price | $625,000 |
| Price Per Unit | $156,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.97 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 1998 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 161405-002-0018-00 | Improvements Assessment | $15,941 |
| Land Assessment | $3,749 | Total Assessment | $19,690 |
Property Taxes
Parcel Number
161405-002-0018-00
Land Assessment
$3,749
Improvements Assessment
$15,941
Total Assessment
$19,690
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