Ouachita Parish · Monroe
Sell Your Commercial Property In Monroe, LA
Own a commercial apartment building of five or more units in Monroe? We purchase multifamily properties around West Monroe, Downtown Monroe, and the rest of Ouachita Parish, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Monroe Submarkets: West Monroe · Downtown Monroe · Sterlington · University district — Ouachita Parish, LA
The Monroe Market
What Drives Rentals In Monroe
Monroe, LA, in Ouachita Parish, had 47,004 residents in ACS 2020-2024 estimates. Renters hold 52.2% of occupied homes, against 32.6% statewide. Median gross rent is $886 a month, and median household income is $40,505. In Monroe, 12.9% of homes sit in buildings of five or more units. Lumen Technologies, the University of Louisiana Monroe and St. Francis Medical Center anchor local demand. Owners who want to sell commercial property in Monroe, LA will find rents, Ouachita Parish tax math and lease rules below.
Lumen Technologies headquarters
Lumen's 2025 Form 10-K lists 100 CenturyLink Drive in Monroe as its head office, with about 24,000 employees globally.University of Louisiana Monroe
ULM's admissions facts page lists 8,277 students, including 6,555 undergraduates and 1,389 graduate students.St. Francis Medical Center
St. Francis Medical Center on Jackson Street in Monroe has 321 beds and runs a Level III trauma center.Our Buy Box
What We Buy In Monroe
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Monroe Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Monroe
Renters occupy 52.2% of Monroe's occupied homes, per ACS 2020-2024 tenure data. The Louisiana renter share is 32.6%. Monroe has 2,784 homes in buildings of five or more units, or 12.9% of its stock, per ACS table B25024.
Monroe housing is old: 66.4% of homes were built before 1980, per ACS table B25034. The median year built is 1971.
Rents and affordability in Monroe
Median gross rent in Monroe is $886 a month, per ACS 2020-2024 table B25064. The Louisiana median is $1,064. HUD FY2027 fair market rents for the Monroe, LA HUD Metro FMR Area took effect October 1, 2026.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $782 |
| One-bedroom | $794 |
| Two-bedroom | $1,017 |
| Three-bedroom | $1,314 |
| Four-bedroom | $1,337 |
In Monroe, 58.7% of renter households pay 30% or more of income on rent, per ACS table B25070. For owners selling commercial property in Monroe, these HUD rents give buyers a public benchmark for a rent roll.
Property taxes in Ouachita Parish
Apartment buildings and land in Louisiana are assessed at 10% of fair market value, under Article VII, Section 18 of the Louisiana Constitution. A $2,000,000 Monroe building is assessed at $200,000, so each mill costs $200.
The City of Monroe levies 26.37 mills for 2026, under Ordinance 12,305, adopted August 11, 2026. That city share is $5,274 a year on the $2,000,000 example. This figure covers the city levy only, not the full Ouachita Parish bill. If you plan to sell commercial property in Monroe, LA, put the last two tax bills in the data room.
Landlord rules in Monroe
Louisiana landlords have one month after a lease ends to return a residential deposit, under R.S. 9:3251. When you sell commercial real estate in Monroe, LA mid-lease, the same statute makes the seller transfer tenant deposits to the buyer.
Code of Civil Procedure Article 4701 requires a notice to vacate of at least five days, including for nonpayment. Civil Code Article 2728 sets ten calendar days before month end to end a month-to-month lease.
What it means for a Monroe owner
A Monroe owner sells into a 52.2% renter market with 9.2% rental vacancy, per ACS profile table DP04. Run your numbers first with our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings across Monroe, from Downtown Monroe to the University district, plus West Monroe and Sterlington. If you want to sell your apartment building in Monroe, our sell my apartment building page explains how we work.
Owners ready to sell commercial property in Monroe, LA should bring a current rent roll and twelve months of operating statements.
Before You Sell
Monroe Seller Checklist
More about selling in Louisiana →Investing in Monroe? See apartment syndications in Monroe →
- Monroe rental vacancy was 9.2% in ACS 2020-2024, with a 2.6-point margin of error.
- In Monroe, 36.2% of renter households pay half or more of income on rent, per ACS 2020-2024.
- To sell commercial real estate in Monroe, LA, gather rent rolls, deposit ledgers and Ouachita Parish tax bills.
Seller Guides
Your Situation, Handled — Monroe
Learn More
Taxes & Rules For Monroe Property
The Louisiana rules that shape any deal in Monroe: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Monroe Seller FAQ
What is median rent in Monroe, LA?
Median gross rent in Monroe is $886 a month in ACS 2020-2024 estimates. HUD's FY2027 fair market rents for the Monroe, LA HUD Metro FMR Area run from $782 for an efficiency to $1,337 for four bedrooms, with two bedrooms at $1,017.
What should I prepare to sell commercial property in Monroe, LA?
Prepare the rent roll, current leases, the deposit ledger and recent Ouachita Parish tax bills. In Monroe, 66.4% of homes were built before 1980, so roof, plumbing and electrical records help a buyer review an older building faster.
How are apartment buildings taxed in Monroe?
Apartment buildings fall in Louisiana's 10% residential class under Article VII, Section 18. A $2,000,000 building is assessed at $200,000, so each mill costs $200. The City of Monroe's 2026 levy of 26.37 mills comes to $5,274 for the city share alone.
What happens to tenant deposits when I sell commercial real estate in Monroe, LA?
Louisiana R.S. 9:3251 covers a sale during a lease. The seller must transfer each security deposit to the buyer and is then relieved of further liability for it. Deposits must be returned within one month after the lease ends.
Who buys apartment buildings in Monroe?
Skyline Capital Investments buys 5+ unit apartment buildings in Monroe, West Monroe and Sterlington. Monroe has 2,784 homes in buildings of five or more units, per ACS 2020-2024. Owners who want to sell multifamily property in Monroe can send a rent roll for review.
Will you buy a Monroe property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Monroe brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Monroe, and we keep every conversation confidential.
Is it possible to sell rental property in Monroe without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in Monroe?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Monroe?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
