Triplex on the Red River

Multi-Family for Sale
Catylist Listing ID: 30131106
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 1,850 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 5 Acres
Sale Price: $274,900
Unit Price: $91,633.33 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2017

Overview / Comments

Very rare property with Red River Frontage. 4 plus acres was lost to evulsion and potentially has mineral rights. This land is now across the river. The 2 manufactured homes are not owned by the owner. They pay $200 a month each to lease the land. No city taxes. The triplex was gutted and remodeled in 2016. Approximately 1 acre is usable land.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Site Description: Over looking the Red River.
Property Condition: Average
Year Built: 1985
Water Service: Municipal
Sewer Type: Septic
Legal Description: LOTS 26 & A PORTION OF LOT 27, NORTH SIDE ADDITION

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,019 29,167 100,823
Median Age: 33.55 36.67 34.39
Households: 360 11,233 40,682

Contact

Photograph of Listing Agent

Michael R Salter

Century 21 Elite Shreveport, LA 71105-5677
Not a member of MCAR CIE
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