$4,200,000
July Cash Flow Update: Over $33,000 in Gross Income! This offering includes 10 newly constructed, fully furnished 3-bedroom, 2.5-bath townhomes PLUS 9 additional lots directly across the street, giving an investor the opportunity to nearly double the size of the development. The property has been intentionally positioned to generate revenue through multiple rental channels rather than relying on one tenant source. We have established relationships with Independent Living operators, insurance-placement companies housing displaced families, traveling nurses and medical professionals, corporate housing clients, and short-term rental platforms including Airbnb/VRBO and Furnish Finder. This diversified strategy creates multiple avenues for occupancy and long-term revenue growth. Each townhome offers approximately 1,760 SF with a private garage and fenced backyard and is Energy Star rated, helping reduce utility costs--an especially valuable feature for furnished, corporate and mid-term rentals where utilities may be included. Strategically positioned between Youngsville and Broussard, two of Louisiana's fastest-growing communities, the development sits near the Hwy 90 corridor and is positioned to benefit from continued residential and commercial expansion. The arrival and continued investment of SpaceX in South Louisiana adds another major economic driver to an already rapidly growing area, with the potential to increase demand for corporate and workforce housing throughout the region. Commercial development continues to expand around the property, with businesses such as Fat Pat's, King Seafood, Oshcners emergency care, and Tractor Supply nearby, along with additional commercial land available for future development all around this development. With 10 existing income-producing units, multiple established rental-demand channels, 9 additional lots for expansion, energy-efficient construction, and a strategic location surrounded by residential and commercial growth.
2600001287
MLS
425 Heart D Farm Rd, Youngsville
Listing courtesy of eXp Realty, LLC.
