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The Creswell Hotel 727 Milam St 17 Unit Apartment Building $1,186,532 CAD ($69,796 CAD/Unit) Shreveport, LA 71101
INVESTMENT HIGHLIGHTS
- In Historic Downtown Shreveport near G Unit Studios
- Historic Tax Credits approved for current configuration
- Perfect for Airbnb Conversation
EXECUTIVE SUMMARY
This Historic 61 Room Creswell Hotel in downtown Shreveport's Historic District was originally built in 1927 as Shreveport’s first Fire Proof Hotel due to its concrete construction. A Buyer will inherit the building in a shell condition with a set of Historic Tax Credit approved architectural design plans for 17 Residential Units and 4 Commercial spaces. The purchase includes a parking lot. Very Cool Building.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Refrigerator
- Oven
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 181437-111-0018-00 | Improvements Assessment | $47,045 CAD |
| Land Assessment | $8,794 CAD | Total Assessment | $55,839 CAD |
PROPERTY TAXES
Parcel Number
181437-111-0018-00
Land Assessment
$8,794 CAD
Improvements Assessment
$47,045 CAD
Total Assessment
$55,839 CAD
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The Creswell Hotel | 727 Milam St
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