3BR/2.0BA Investment Single Family · Shreveport, LA
1240 Southpointe Parkway, Shreveport, LA 71105 · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths8 / 3.5
Living area2,600 sqft
Lot0.2 acres
Year built1963
About this deal
Value-add single-family home located at 1240 SOUTHPOINTE PARKWAY, Shreveport, LA — 1,936 sq ft built in 1936. Listed at $195,000. Needs light updates to maximise market value. Seller is motivated; cash or hard money preferred with a 30-day close.
The numbers
- Cap rate
- 5.8%
- Net operating income
- $23,976/yr
- Cash flow
- +$1,998/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.