1001 Apollo Rd Scott, LA 70583

This exceptional investment opportunity presents 15 newly constructed (2023) single-family rental cottages totaling 17,718 square feet in the thriving West Village community of Scott, Louisiana. Located at 1001 Apollo Rd, 70583, this portfolio boasts 100% occupancy and a strong NOI of $236,395, translating to a 6.50% cap rate. Each cottage features opulent finishes, a fully landscaped yard with irrigation (maintained by the HOA), and a private carport. Residents enjoy access to numerous amenities, including a luxury pool and cabana (opened Spring 2022), a resident gym (opening Spring 2023), walking trails, stocked ponds, and a future dog park and playground. The property sits on a 0.07-acre lot and benefits from the convenient location near I-10, HWY 93, and the Apollo Road thoroughfare. HOA dues are included in the rent, providing tenants with a worry-free living experience. The asking price is $3,635,000, representing $242,333 per unit and $205.16 per square foot. This is a turnkey investment in a rapidly growing, master-planned community with nearly 400 homes and multifamily units. The strategic location and high-quality construction ensure strong rental demand and long-term value appreciation.