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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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257 Egan St , Shreveport, LA 71101
$51,000
Est. Payment: $256.62/mo
0 Bed
0 Bath
1018 Sqft
Status: active with contingency | Days on site: 56
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Lee Nugent , Pinnacle Realty Advisors , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1988

County

Caddo

Neighborhood

Turner Sub

School District

Caddo PSB

Listing ID

21302452

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Garage Capacity:2
Roof:Other
Others:
  • Additional:Preowned
Principal Interest
$257
Taxes
$33

Home Price

$51,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$10,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$256.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $256.62 $32.51 $0.00 $289.14
Yearly $3,079.49 $390.15 $0.00 $3,469.64
Total $92,384.62 $11,704.50 $0.00 $104,089.12

Today's Rates

30 Year

6.45%

20 Year

6.34%

15 Year

5.98%

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Market insight data is pulled from the same city as the listing being viewed (Shreveport, LA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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