203 Firethorn Dr Youngsville, LA 70592
- Residential income homes
- 4,077 SF
Current Use by Public Records
- Residential income homes
Property Details for 203 Firethorn Dr
- Year built
- 2024
- Property size
- 4,077 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0469
- Latitude
- 30.0738
