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Property profile & analytics
OFF-MARKET
Residential income homes

203 Firethorn Dr Youngsville, LA 70592

4,077 SF Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Residential income homes
Year built 2024
Total area 4,077 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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