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February Cash Flow Update: Over $31,000 in Gross Income! Because these are newly constructed and operate as furnished rentals, investors may benefit from accelerated depreciation through cost segregation, potentially creating significant first-year tax savings and ongoing income shelter compared to traditional long-term rentals. Welcome to Modera Place, a collection of 10 professionally designed, fully furnished townhomes located in one of the fastest-growing areas in Louisiana. These units are approximately 1 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 is in a rapidly growing corridor featuring new schools such as Southside High, Martial Billeaud Elementary, and ARCA K-12 Charter School. With the expansion of Youngsville Highway to 4 lanes, along with the Saint Bernard extension to Pinhook Rd., local officials are clearly preparing for one thing.......GROWTH. This enhances tenant demand and rental stability. The property carries a Youngsville address but is zoned for Broussard, providing a financial advantage with no city property taxes, improving overall returns. Each residence was built to exceed typical rental standards and is Energy Star rated for efficiency and low utility cost with separate HVAC systems upstairs and downstairs for improved comfort and operating costs. 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 with short-term, mid-term, and long-term furnished rental strategies, allowing multiple income streams and reduced vacancy risk. Price includes lot across the street for future expansion.
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Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: (337) 522-7554
Agent Name: Paul Tylock
Shown By
Agency Title: Compass
Agency Phone: (866) 794-1022
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