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Investment Highlights

  • Portfolio includes assets located in both Bastrop and West Monroe, providing geographic diversification within North Louisiana.
  • West Monroe location provides access to one of Northeast Louisiana's primary commercial and employment centers.
  • Portfolio offers exposure to multiple demand drivers across Morehouse and Ouachita Parishes.
  • The Bastrop property includes approximately 3.48 acres, offering a substantial land component within the portfolio.
  • Properties are positioned within established residential areas near everyday services, retail, and community amenities.
  • Acquisition allows investors to obtain multiple assets through a single transaction structure.

Executive Summary

This multifamily portfolio presents an opportunity to acquire two residential income-producing assets across North Louisiana, offering geographic diversification between the Monroe metropolitan area and the Bastrop market. Located in Morehouse and Ouachita Parishes, the properties provide exposure to established residential neighborhoods with access to regional employment centers, retail services, healthcare facilities, and transportation corridors serving Northeast Louisiana.
The Bastrop asset at 6158 Ridge Drive is situated on approximately 3.48 acres and is identified as a trailer/camper park property, providing a land-rich component within the portfolio. Its location offers convenient access to local commercial services and community amenities while benefiting from the area's lower-density residential setting. The property's acreage creates potential operational flexibility and long-term land value considerations.
The West Monroe asset at 1114 Washington Street is positioned within the Monroe-West Monroe market, one of the region's primary economic centers. The property benefits from proximity to major retail corridors, educational institutions, healthcare providers, and employment hubs throughout Ouachita Parish. West Monroe continues to serve as a commercial and service center for Northeast Louisiana, supporting residential demand throughout the area.
Together, these assets provide investors with the opportunity to acquire a portfolio spanning two established Louisiana markets. The combination of a larger land parcel in Bastrop and a property within the Monroe-West Monroe metropolitan area creates a diversified investment profile with exposure to multiple tenant demand drivers and regional economic influences.

Property Facts

Price $1,580,963 CAD
Price / SF $790.48 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,000 SF
Total Land Area 4.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
6158 Ridge Dr, Bastrop, LA 71220 Specialty 1,000 SF 1990 -
1114 Washington St, West Monroe, LA 71292 Specialty 1,000 SF 1990 -
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  • Listing ID: 41278849

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: Ridge Dr and Washington St Portfolio, West Monroe, LA

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