Oak Meadows Apartments | 1901 Centenary Blvd
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Oak Meadows Apartments 1901 Centenary Blvd
119 Unit Apartment Building $1,750,000 ($14,706/Unit) Shreveport, LA 71101
Investment Highlights
- Bank Owned
- Good Neighborhood
- Significant Upside
- Great Unit Mix
Executive Summary
Bank owned foreclosure
Financial Summary (Pro forma - 2024) 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 - 2024) 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
| Price | $1,750,000 | Building Class | C |
| Price Per Unit | $14,706 | Lot Size | 7.75 AC |
| Sale Type | Investment | 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 | 1.96/1,000 SF |
| Apartment Style | Garden |
| Price | $1,750,000 |
| Price Per Unit | $14,706 |
| Sale Type | Investment |
| 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 | 1.96/1,000 SF |
Unit Amenities
- Air Conditioning
- High Speed Internet Access
- Smoke Free
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 111 | - | 622 - 729 |
| 2+1 | 8 | - | 990 |
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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 | 2024 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
2024 Payable 2026
-
Power Broker Raymond Lord -
Jason Turner -
Dave Pinson -
Chase Lord -
SVN OAK Realty Advisors LLC
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Oak Meadows Apartments | 1901 Centenary Blvd
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