106 Herndon StShreveport, LA 71101

Property Details for 106 Herndon St

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a four-unit, Class C multifamily portfolio located at 106 E Herndon St, Shreveport, LA 71101, within Caddo Parish. Priced at $190,368 ($47,592 per unit), this stabilized portfolio offers a compelling return on investment. The property is part of a larger, approximately 100-unit portfolio, with this offering comprising four units currently generating $1,250 in monthly rent. This sale is structured to accommodate 1031 exchange transactions, requiring flexibility in closing timelines. While most units within the larger portfolio are in good condition and occupied by long-term tenants, three units (not included in this offering) are currently occupied despite needing repairs. Significant capital expenditures have been invested in recent years, including new roofs on several properties within the larger portfolio. To schedule a viewing, a fully executed Letter of Intent (LOI) and proof of funds or pre-approval for financing are required. This offering presents a rare chance to acquire a piece of a well-maintained, high-occupancy rental portfolio in a desirable Shreveport location. The seller is motivated and open to negotiations, particularly for larger property packages within the broader portfolio. This is a turnkey investment opportunity with strong potential for immediate cash flow and long-term appreciation.

Location Insight

City

Shreveport

County

Caddo Parish

State

Louisiana

Latitude

32.4965

Longitude

-93.7307

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].