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Multifamily

Cottages at West Village

1001 Apollo Rd, Scott, LA 70583

Listing Price: $3,535,000

Cap Rate
7.00%
Number of Units
15
GRM
10.90
Occupancy
95.0%
Price/Unit
$235,667

Investment Overview

Introducing an exceptional investment opportunity in the thriving West Village community, a premier Traditional Neighborhood Development (TND) nestled in the heart of Scott. With 15 meticulously crafted rental cottages, this property investment promises not just returns, but a gateway into a lifestyle
that blends modern luxury with the charm of a boutique-scale neighborhood. Having commenced its journey in Spring 2019, West Village spans 143 acres, boasting a master-planned, mixed-use layout featuring nearly 400 homes and multifamily apartments, all within a walkable distance to a plethora of
amenities.

Positioned strategically in the town of Scott, West Village enjoys unparalleled connectivity, being in close proximity to I-10, HWY 93, and the upcoming Apollo Road thoroughfare. This ensures residents swift access to neighboring towns, from Lafayette to Crowley, offering convenience for both work and
leisure. As one of the pioneer developments in the Lafayette area in the past decade, West Village has ignited significant community interest, with Phase 1 homesites already under contract. This underscores the high demand for housing in this thoughtfully designed community.

These modern cottages present a blend of brand-new construction and opulent finishes, providing tenants with a haven of comfort. Noteworthy features include fully landscaped yards with irrigation, maintained by West Village, private alley loaded carports for each dwelling, and the added advantage of HOA Dues being incorporated into the rent, granting residents access to an array of neighborhood amenities. Among these amenities, a resident-exclusive gym opened in Spring 2023, along with a luxury pool and cabana that debuted in Spring 2022. The community also boasts a fishing pier, miles of scenic walking trails surrounding stocked ponds, and plans for a future gated dog park and playground, ensuring a harmonious blend of leisure and recreation.

Investment Highlights

  • 15 SF Homes | Premier Traditional Neighborhood Development
  • Built in 2023
  • 17,718 Rentable SF
  • 100% Occupied

Exclusively Listed By

Multifamily

Cottages at West Village

Listing Price: $3,535,000

Cap Rate
7.00%
Number of Units
15
GRM
10.90
Occupancy
95.0%
Price/Unit
$235,667

Investment Highlights

  • 15 SF Homes | Premier Traditional Neighborhood Development
  • Built in 2023
  • 17,718 Rentable SF
  • 100% Occupied

Investment Overview

Introducing an exceptional investment opportunity in the thriving West Village community, a premier Traditional Neighborhood Development (TND) nestled in the heart of Scott. With 15 meticulously crafted rental cottages, this property investment promises not just returns, but a gateway into a lifestyle that blends modern luxury with the charm of a boutique-scale neighborhood. Having commenced its journey in Spring 2019, West Village spans 143 acres, boasting a master-planned, mixed-use layout featuring nearly 400 homes and multifamily apartments, all within a walkable distance to a plethora of amenities. Positioned strategically in the town of Scott, West Village enjoys unparalleled connectivity, being in close proximity to I-10, HWY 93, and the upcoming Apollo Road thoroughfare. This ensures residents swift access to neighboring towns, from Lafayette to Crowley, offering convenience for both work and leisure. As one of the pioneer developments in the Lafayette area in the past decade, West Village has ignited significant community interest, with Phase 1 homesites already under contract. This underscores the high demand for housing in this thoughtfully designed community. These modern cottages present a blend of brand-new construction and opulent finishes, providing tenants with a haven of comfort. Noteworthy features include fully landscaped yards with irrigation, maintained by West Village, private alley loaded carports for each dwelling, and the added advantage of HOA Dues being incorporated into the rent, granting residents access to an array of neighborhood amenities. Among these amenities, a resident-exclusive gym opened in Spring 2023, along with a luxury pool and cabana that debuted in Spring 2022. The community also boasts a fishing pier, miles of scenic walking trails surrounding stocked ponds, and plans for a future gated dog park and playground, ensuring a harmonious blend of leisure and recreation.

Exclusively Listed By

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