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$64,000
Listing Price3beds
1baths
1,014sqft
5,619sqft lot
5114 Ellison St, Shreveport, LA 71109
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.nnThis 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.nnAccording 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.nnThe 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 h
Interior Details
1014
3
1
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Vinyl Sheet/linoleum
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5619
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Aluminum/vinyl
N/A
N/A
Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$470
$505
$2,491
--%
$2,996
2019
$484
$505
$2,490
--%
$2,995
2018
$486
$505
$2,490
--%
$2,995
2017
$492
$505
$2,490
--%
$2,995
2016
$491
$505
$2,490
--%
$2,995
2014
$546
$500
$2,710
--%
$3,210
2012
$419
$500
$2,710
--%
$3,210
2012
$419
$500
$2,710
--%
$3,210
Average Home Price in 71109
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