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Gulf South Multifamily · Investment Sales & Advisory

Investment Opportunity
Overview

A comprehensive look at this multifamily asset, including location, property details, and key factors that position it for strong performance and long-term value.
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2 Property HAP Portfolio

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Both properties are adjacent to one another which presents tremendous operational upside for new ownership.

With a robust near 10 years left on the Housing Assistance Payments (HAP) contracts, the property guarantees a consistent income flow, supported by government-backed subsidies for eligible low-income tenants. Prospective buyers can secure a stable and predictable investment, aligning seamlessly with long-term goals of financial security and sustained rental income.

The rent roll is well below max allowable rents creating a value-add play as well as operational upside.
The location provides effortless access to downtown and key employment hubs benefiting from close proximity to major employers such as Hyundai Clovis Distribution Center in the Shreveport Business Park, Willis-Knighton Health System, a prominent healthcare institution, Calumet Specialty Products Plant, 4 major casinos, LSU Health Sciences Complex. This locale ensures not only convenience in daily commutes but also easy access to quality healthcare and educational resources.

Chad Rigby
Stirling Investment Advisor
Contact
  • (225) 329-0265
  • crigby@stirlingprop.com

Property
Overview

Location
4305 Illinois Avenue, Shreveport, LA 71109
Asset Class
LIHTC / HAP Contracts
Year Built
1969/ 1971
Units
184
Investment Sale
Current

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Stirling · Multifamily · Gulf South

Gulf South multifamily investment sales and advisory. Institutional-grade execution. Singular focus on your market and your outcome.

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Gulf South multifamily investment sales and advisory. Institutional-grade execution with the focus and accountability of a partner who only works one market.

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8550 United Plaza
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  • crigby@stirlingprop.com
  • (225) 329-0265
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