Investment Overview

Marcus & Millichap is pleased to present Towers at Cross Lake, a 91-unit multifamily community located at 5638 South Lakeshore Drive in Shreveport, Louisiana. Situated in a highly accessible area near Cross Lake, the property offers residents a desirable combination of suburban surroundings, connectivity to major employment and retail nodes, and convenient access to downtown Shreveport, Bossier City, and the regional airport. The asset’s location and established identity within the submarket position it as an attractive workforce-oriented housing option. The community was built in 1987 and consists of spacious one- and two-bedroom apartment homes averaging approximately 1,188 square feet. Towers at Cross Lake offers a resident amenity package that includes fireplaces, washer/dryer connections, balconies or patios, central air and heat, elevator service, garage parking, and updated design features that contribute to everyday livability. These features, paired with the property’s generous floor plans, help distinguish the asset from nearby competing communities. Towers at Cross Lake represents an opportunity to acquire a well-located, established multifamily asset in one of Shreveport’s more recognizable lake-adjacent corridors. The offering is well-suited for investors seeking a community with strong physical presence, broad renter appeal, and the ability to drive long-term value through strategic management and selective capital improvements. With its convenient location, functional unit layouts, and enduring market appeal, the property is positioned to compete effectively within the surrounding multifamily landscape.