Oak Meadows Apartments | 1901 Centenary Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Oak Meadows Apartments 1901 Centenary Blvd
119 Unit Apartment Building $1,275,000 ($10,714/Unit) 9% Cap Rate Shreveport, LA 71101
Investment Highlights
- This bank-owned foreclosure presents a unique opportunity to acquire a value-add multifamily investment with significant lease upside.
- The property is surrounded by scenic, mature landscaping, offering a peaceful escape from city life.
- Rent includes water, trash, and sewer, while tenants are only responsible for gas and electricity.
- On-site maintenance and laundry facilities provide added convenience for residents.
- Oak Meadows is centrally located between downtown Shreveport and Kings Highway.
Executive Summary
Don’t miss this rare foreclosure sale of a bank-owned multifamily asset with a prime location in Shreveport, Louisiana.
Located just minutes from downtown Shreveport, Oak Meadows Apartments provide spacious and versatile 1-bedroom, 1-bath units averaging 731 square feet. These apartments include water, trash, and sewer in the rent, with tenants responsible only for gas and electricity, making them an excellent value. The community features on-site maintenance and laundry facilities for added convenience.
Nestled amid scenic, mature landscaping, Oak Meadows offers a tranquil escape from the hustle and bustle of city life while maintaining a central location between downtown Shreveport and Kings Highway.
This bank-owned foreclosure presents a unique opportunity for those seeking a balance of affordability, efficiency, and convenience.
Located just minutes from downtown Shreveport, Oak Meadows Apartments provide spacious and versatile 1-bedroom, 1-bath units averaging 731 square feet. These apartments include water, trash, and sewer in the rent, with tenants responsible only for gas and electricity, making them an excellent value. The community features on-site maintenance and laundry facilities for added convenience.
Nestled amid scenic, mature landscaping, Oak Meadows offers a tranquil escape from the hustle and bustle of city life while maintaining a central location between downtown Shreveport and Kings Highway.
This bank-owned foreclosure presents a unique opportunity for those seeking a balance of affordability, efficiency, and convenience.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,275,000 | Apartment Style | Garden |
| Price Per Unit | $10,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 7.75 AC |
| Cap Rate | 9% | Building Size | 86,720 SF |
| Sale Conditions | Distress Sale | Average Occupancy | 0% |
| No. Units | 119 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1939/2003 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Price | $1,275,000 |
| Price Per Unit | $10,714 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Sale Conditions | Distress Sale |
| No. Units | 119 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.75 AC |
| Building Size | 86,720 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1939/2003 |
| Parking Ratio | 1.43/1,000 SF |
Unit Amenities
- Air Conditioning
- High Speed Internet Access
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Fenced Lot
- Laundry Facilities
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 111 | $725.00 | 622 - 729 |
| 2+1 | 8 | $925.00 | 990 |
1 of 1
PROPERTY TAXES
| Parcel Number | 171306-001-0045-00 | Total Assessment | $137,817 (2023) |
| Land Assessment | $49,373 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $88,444 (2023) | Tax Year | 2025 Payable 2026 |
PROPERTY TAXES
Parcel Number
171306-001-0045-00
Land Assessment
$49,373 (2023)
Improvements Assessment
$88,444 (2023)
Total Assessment
$137,817 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
Contacts
-
Raymond Lord -
Jason Turner -
Dave Pinson -
Chase Lord -
SVN OAK Realty Advisors LLC
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Oak Meadows Apartments | 1901 Centenary Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.