1820 East Texas Street, Bossier City, LA 71111

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Mike A A.

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  • Available Spaces
Suite Space Type Pricing Size
--- Multi-Family Space For sale: Contact for Pricing 80,300 sqft

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Building Details:

1820 East Texas Street is amulti-family property for lease in Bossier City, LA. The property currently has 1 multi-family space for lease and is marketed by Diamond Realty Group, LLC.

Excellent income producing property which has produced outstanding results for many years. Occupancy remains high (currently 85%) regardless of poor or good economies.
All bills paid and furnished apartments provide a much needed housing need for monthly and long term tenants. Current experienced management and on site maintenance staff to remain if desired.
21 apartment buildings on 4 plus acres located centrally in Bossier City. Construction years are 1991, 2001, 2002, 2012.
2015 Gross sales of $1,219,455 produced a net profit of $733,060. Excellent cap rate of 8.24% . Years of financial statements are available to qualified buyers.

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