Investment Overview

Foster Grove is a newly constructed, turnkey townhome rental community located in the heart of Youngsville, Louisiana. Consisting of 11 high-end, duplex-style units, this 2024-built development offers investors the opportunity to acquire stabilized income-producing assets in a desirable and fast-growing submarket of Lafayette Parish. Each unit is thoughtfully designed with premium interior finishes, spacious floor plans, and attached garages—making it an attractive option for discerning tenants seeking modern suburban living. The property is fully leased and self-managed, offering immediate in-place cash flow with minimal near-term capital expenditure risk. With a current cap rate of 7.40% and low operating burden due to new construction, Foster Grove represents a rare opportunity to secure yield in a stabilized multifamily asset within one of Louisiana’s most dynamic residential corridors. Youngsville continues to see substantial population growth, residential demand, and infrastructure investment—making this an ideal time to invest in the area. Located within close proximity to retail centers, dining, excellent schools, and major thoroughfares, Foster Grove benefits from strong tenant demand and long-term value appreciation potential.