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Alyson Finch

alyson@livinginthe337.com +1(337) 280-9651

$4,200,000

Est. payment - /mo

17,680 SqFt

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UPDATED:

Key Details

Property Type Other Types

Sub Type Package Homes

Listing Status Active

Purchase Type For Sale

Square Footage 17,680 sqft

Price per Sqft $237

Subdivision Modera Place

MLS Listing ID 2600001287

HOA Y/N No

Lot Dimensions per plat

Property Sub-Type Package Homes

Source ROAM MLS

Land Area 17680

Property Description

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.

Location

State LA

County Lafayette

Community Modera Place

Zoning Mixed

Direction Turn left onto Ambassador Caffery Pkwy Continue on S Bernard Rd. Drive to Heart D Farm Rd. Left on Heart D Farm Rd, Right on Mondera Place* NEW SUBDIVISION * Google maps, Waze * may not work: use the address'' 425 Heart D Farm Road.''

Interior

Interior Features High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)

Cooling Ceiling Fan(s), Central Air

Flooring Plank, Vinyl, Other

Fireplace No

Appliance Microwave, Dishwasher

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features On Street

Garage Spaces 20.0

Roof Type Composition

Total Parking Spaces 20

Garage No

Building

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Martial Billeaud

Middle Schools Youngsville

High Schools Southside

Others

Tax ID 6179355

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Listed by eXp Realty, LLC

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Alyson Finch

+1(337) 280-9651

Agent License ID: 995688520

425 Heart D Farm RD Youngsville, LA 70592

Alyson Finch

Key Details

Location

Interior

Exterior

Building

Schools

Others

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425 Heart D Farm RD