2224 Loreco Street, Bossier City, LA 71112

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Andrew C.

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Building Details:

2224 Loreco Street is amulti-family property for lease in Bossier City, LA.

Six single family homes, 100% occupied, built in 2008. Five homes are renting for $1,200 each per month, one for $1,100. 2224 & 2226 Loreco are 3 bedroom, 2.5 bathroom. 2228, 2230, 2232, & 2234 Loreco are 3 bedroom, 2 bathroom. All homes contain granite countertops, stainless steel appliances, crown molding, and stained concrete. These homes have very low turnover with long-term tenants.

Annual Gross Income: $85,200. Parish/City Property Taxes: $7,193/year, Property Insurance: $3,599/year, Annual Total Expenses: $10,792. Annual Net Income: $74,408.

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