Off-Market Property at 700 Caledonia Dr, Bossier City, LA, 71111

700 Caledonia Dr, Bossier City, LA, 71111

$850,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $294 per day, based on similar listings in the area. Estimated short-term cap rate of -2.0%. Luxury meets smart living in the highly sought-after Tiburon neighborhood. From the moment you step inside, you will love the use of acme bayou rouge brick and knotty alder wood accents throughout. The kitchen features an oversized island with a custom dog bowl filler, Italian marble, a 36-inch gas stove, pot filler, full size double ovens, and black stainless steel appliances with WiFi capabilities. Huge walk-in pantry with wine fridge and microwave. The laundry room boasts a double washer and dryer units and a built-in wall tree. The master bathroom is a tranquil retreat, featuring knotty alder cabinets, walk in shower as well as a heated soaker tub. There is a 230 sq ft upstairs area with the three bedrooms. Situated on a .75-acre lot, the huge covered patio features a fireplace with a black walnut mantle and the outdoor kitchen boasts leathered marble countertops with built in grill, side burner, sink, and garbage can. For a FULL LIST of features see attached documents on MLS.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$26
Rental Policy
daily
Yearly Taxes
$696
Bedrooms
5
Bathrooms
5
SQFT
3,450
Furnished
unknown
Year built
2022
Listing Status
Off Market
MLS
20502852

Short-term Rental Potential
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$38,700

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$246

Price/SQFT