401 Berry Street

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Address: 401 Berry St, Bossier City, LA 71111, USA
Florida & Gulf Coast + Apartment Buildings
Created date: July 1, 2026
Date last updated: September 17, 2026
Price: $77,000Investment Analyzer NEW!

Property Description

The seller prefers a PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package and discourages individual offers. 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, current 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 listed. The value add opportunity includes leasing vacant inventory, completing turns or inspections, renewing tenants at market supported rents, and tightening operations. Highlights include 50 total units, Shreveport Bossier locations, mostly SF rental housing, current rent of approximately $34,905 per month, projected stabilized rent of approximately $50,056 per month, 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 preapproval before receiving full documentation or scheduling property access. Please do not disturb tenants.
Under Contract

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Broker Details

Lee Nugent
Lee Nugent

Pinnacle Realty Advisors (318) 347-3332 MLS ID: LEENUG State License Number: 0995695038

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Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $77,000
No. of Units: 1
Year Built: 1945
Opportunity Zone: No
Price per unit: $77,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 401 Berry Street, Bossier City, LA 71111, USA
Provided by:
Standard Status: Active Under Contract
MLS Listing Number: 21302289
ID: 3yd-NTREIS-21302289
Copyright Disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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