Multifamily

Shadow Glen Apartments

1001 Glenwood Dr, West Monroe, LA 71291

Listing Price: Request For Offer

Number of Units
120
Occupancy
95.0%
Gross SF
105,000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 120 apartment units located in West Monroe, Louisiana. Spread over 5.37 acres, the property is well-located within walking distance to nearby employers, restaurants and retail. Of the 120 units, 57 have received partial or full upgrades yielding rent premiums for these units. The property provides an investor the opportunity to purchase a stabilized and cash-flowing property with growth potential through continued value-add.

Investment Highlights

  • Proven Value-Add Strategy
  • Less Than a Quarter-Mile to Interstate 20
  • Walking Distance to Local Retail, Restaurants and Entertainment
  • Diverse Unit Mix

Exclusively Listed By

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

Listing Price: Request For Offer

Number of Units
120
Occupancy
95.0%
Gross SF
105,000

Investment Highlights

  • Proven Value-Add Strategy
  • Less Than a Quarter-Mile to Interstate 20
  • Walking Distance to Local Retail, Restaurants and Entertainment
  • Diverse Unit Mix

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 120 apartment units located in West Monroe, Louisiana. Spread over 5.37 acres, the property is well-located within walking distance to nearby employers, restaurants and retail. Of the 120 units, 57 have received partial or full upgrades yielding rent premiums for these units. The property provides an investor the opportunity to purchase a stabilized and cash-flowing property with growth potential through continued value-add.

Exclusively Listed By

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

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