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    203 Firethorn Dr Youngsville, LA 70592

    Sponsored
    For Sale
    $795,000

    Three 2-bedroom townhouses, high demand.

    Property size:
    4,077 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents three newly constructed, two-story townhouses totaling 4,077 square feet, situated on Firethorn Drive in Youngsville, Louisiana, zip code 70592. Each unit boasts two bedrooms and two and a half bathrooms. Built in 2024, these properties are located within a mixed-use zoned area, offering significant potential. Their proximity to the Youngsville Sports Complex (less than a mile away) provides access to a substantial market of traveling teams and other visitors, generating over 23,000 room requests. The absence of hotels in Youngsville further enhances the desirability of this location. The property is part of a larger development, "Reeds Townhomes at Metairie Centre," strategically positioned near the Veterans Roundabout and Rouses Market. Currently, three units are operational and experiencing strong booking and occupancy rates. This turnkey investment is ideal for those seeking immediate returns and long-term growth in a high-demand market. The property's location and the existing high occupancy rates make this a compelling investment opportunity.

    Property Features for 203 Firethorn Dr

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,077 SF

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    2

    HighLights

    • $795,000 asking price.
    • Multifamily property consisting of a three‑building, single‑family rental portfolio.
    • Totaling 4,077 square feet.
    • Newly constructed in 2024, featuring two‑story buildings.
    • Located in Youngsville, LA, with a mixed‑use zoning permit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Youngsville
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0469151
    Latitude
    30.0737695

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    FAQs

    What type of property is this?
    Multifamily property - Three 2-bedroom townhouses, high demand.
    Where is this multifamily property located?
    The property is located at 203 Firethorn Dr Youngsville, LA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; Multifamily property consisting of a three-building, single-family rental portfolio.; Totaling 4,077 square feet.
    Request Owner's contact information
    203 Firethorn Dr Youngsville, LA 70592
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Firethorn Dr Youngsville, LA 70592
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