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The Creswell Hotel 727 Milam St 17 Unit Apartment Building $1,181,491 CAD ($69,499 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
- Less than a mile from G-Unit Studios, Municipal Auditorium, Strand Theater and Common Park
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 | $46,603 CAD |
| Land Assessment | $8,712 CAD | Total Assessment | $55,314 CAD |
PROPERTY TAXES
Parcel Number
181437-111-0018-00
Land Assessment
$8,712 CAD
Improvements Assessment
$46,603 CAD
Total Assessment
$55,314 CAD
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The Creswell Hotel | 727 Milam St
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