This investment opportunity presents a promising venture in the form of brand new construction townhouses located in between the up-and-coming areas of Youngsville and Broussard! Which are two of the fastest-growing municipalities in the State of Louisiana. Both cities are located within Lafayette Parish, which has grown by a whopping 27% since 2010 with Youngsville and Broussard playing a huge part in the amount of growth and development this area has seen. This development, located in the middle of both cities, offers a unique living experience for future tenants and buyers. Additionally, it has excellent potential for financial growth. Moreover, These townhouses are situated along Ambassador Caffrey Extension, which boasts a significant amount of new commercial land for sale. Given the preference for convenience, it is only a matter of time before these townhouses benefit from increasing property values and a rising demand for modern, well designed housing options that offer easy maintenance. Considering the potential for rental income, investing in these townhouses provides a reliable revenue stream. The up-and-coming nature of the area, coupled with the appeal of new construction, can attract a wide range of potential tenants seeking a modern and convenient living space. These townhouses will offer a larger living space than what you typically see in townhouses and will also have a small backyard and astroturf in the front yard for easy maintenance for all involved. Which is sure to attract tenants and buyers alike. This development will be constructed by Jay Castille Construction, a company with over 30 years of building experience in the Lafayette area!! The developers will also entertain a smaller package deal for any potential investors. The total number of townhouses in this development once complete will be 19.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
