105 and 115 E. Stoner

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This 19 unit apartment complex is located in east Shreveport just off of Hwy. 1 (Youree Dr.). These apartments contain 18 efficiency apartments with kitchenettes and a bath. Also has one 2 bedroom apartment. One efficiency is currently the office. Possible bond for deed assumption of the existing mortgage. Approximate mortgage balance is $232,000 and the monthly payment is $2516 plus $267 for insurance.
Reduced from $345,000 to $275,000. Update. The 115 building burned. Not sure if insurance is going to repair or not.
Stoner Apartments P & L
Stoner numbers

2441-2445 Trichel

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This 7 unit complex is located near Red River in west Bossier City. The building in the back contains 5 one bedroom units and the two separate buildings are 2 bedrooms each. The one bedroms rent for $350 to $375 and the 2 bedroom rents for $400 - $450. Possible bond for deed assumption of the existing 4% mortgage. Total payment is $1304/mo.! and the balance is $185,000.
Asking $215,705. N112043

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