Address Withheld By Seller, Youngsville, LA 70592
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Address Withheld By Seller,Youngsville, LA 70592
$5,100,000
- - Beds
- - Baths
- 17,680 sq. ft.
- Multi-family
- Active
Listed by: paul tylock
Office: exp realty, llc.
MLS#:2600001287
Source:LA_RAAMLS
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Price summary
- Price:$5,100,000
- Price per sq. ft.:$288.46
About this home
Welcome to Modera Place, a collection of professionally designed, fully furnished townhomes located in one of the fastest growing areas of Lafayette Parish. These units are approximately one year old, offering the rare opportunity to purchase nearly new construction without the delays, uncertainty, and rising construction costs associated with building today. Situated just one block off Ambassador Caffery, this location sits directly in the path of continued commercial and residential expansion, creating strong long-term appreciation potential. The property carries a Youngsville address but is zoned for Broussard, providing a significant financial advantage with no city property taxes, improving overall investment returns. Each residence was thoughtfully built to exceed typical rental standards and is Energy Star rated for efficiency, with separate HVAC systems serving both upstairs and downstairs for improved comfort, longevity, and operating costs. The interiors were professionally designed and consistently receive excellent guest feedback, contributing to over 100 five-star reviews and a strong reputation in the furnished rental market. Modera Place is positioned for continued growth as the rental strategy focuses on short-term, mid-term, and long-term fully furnished stays, allowing multiple income streams and reduced vacancy risk. 2025 represented a transition year as units were gradually introduced to the market, creating some income inconsistency while operations ramped up; however, performance has continued to improve, with February producing over $31,000 in gross revenue, and 2026 will be the first full year with stabilized occupancy across all units. The surrounding area is widely recognized as a prime corridor for future growth with ongoing development, retail expansion, and infrastructure improvements nearby, making this an attractive opportunity for investors seeking strong income potential! Empty lot across the street is part of the sale!
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Home facts
- Listing ID #:2600001287
- Added:1 day(s) ago
- Updated:February 25, 2026 at 12:52 AM
Rooms and interior
- Living area:17,680 sq. ft.
Heating and cooling
- Cooling:AC Unit(s), Ceiling Fan(s), Central Air
- Heating:Central Heat, Electric, Heat Unit(s)
Structure and exterior
- Roof:Composition
- Building area:17,680 sq. ft.
Schools
- High school:Southside
- Middle school:Youngsville
- Elementary school:Martial Billeaud
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,100,000
- Price per sq. ft.:$288.46
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