STABILIZED CAP RATE 37.7%! Discover a rare value-add multifamily investment opportunity in a strategically advantageous Shreveport location. This property presents a canvas for an experienced investor to capitalize on its significant potential. Comprising 14 brick buildings, this property offers a substantial footprint in the Shreveport multifamily market. Currently an abandoned lot with buildings in need of extensive renovation, this property offers a unique opportunity to recreate a beautiful/modern living environment. Turn this distressed property into a highly desirable residential community to benefit from Shreveport's growing economy and community (as evidenced by amazing market comps). This is centrally located between downtown Shreveport and Kings Highway, so future residents can enjoy easy access to the city's amenities and attractions. The Shreveport-Bossier City area has seen an increase in median household income, indicating a positive economic trend. It is conveniently located near Fairfield Center, Old River Marketplace, and Harrison Shopping Center, boasting a variety of businesses and ensuring a vibrant and convenient lifestyle for residents. Proximity to hospitals such as Brentwood Hospital and Specialists Hospital Shreveport adds to the area's appeal. Construction Needed: 2 frames on the building - two brand new roofs need to be rebuilt. The rest of the roofs need new shingles, new plywood. All buildings need windows, appliances, and doors. Estimated cost 15K per unit. Estimated number of parking spots equal one for every apartment, two parking lots in the front and back with structures. Perfect spot for Solar. The gates on the outside of the building look good but the fencing needs to be rebuilt. 10 foot fence. Exterior buildings are in real shape but just need windows and door. Brick Frames are solid. Everything needs to be cleaned out there is garbage, waste, new appliances. Parking lot is in pretty good shape; only one piece needs to be repaved. Description:  14 buildings: 11 are quad duplexes (44 units), another similar building has 5-6 units (where extra units are a basement/laundry room). And then there are two big buildings with the remaining 60 units. Est: 34 in each. Sq ft of 1+1 apartments range from 622-731 sq ft.. There are eight to ten 2+1 units that are 990 sq ft.. (118-120 Units total). 7.75 Acres. SEE VIDEOS HERE: https://tinyurl.com/RealPro01 This property sells itself, the location and numbers are great. We’ve been seeing huge interest and are looking for a SERIOUS AND EXPERIENCED buyer. Fill out this form on our site to receive more information and schedule a time with us: https://realproholdings.com/shreveport/