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Multifamily
Cottages at Sugar Mill Pond
Youngsville, LA
110 Units
Built in 2025
Suburban Core
Investment Highlights
- New Construction BTR Community (2025): Purpose-built Class A cottages and townhomes with private driveways, attached garages/carports, and premium finishes in Youngsville, LA
- Highly Differentiated Product Type: Single-family-style rental offering with limited supply and strong renter demand in the Lafayette metro
- Located Within Sugar Mill Pond Master Plan: Premier Traditional Neighborhood Development (TND) featuring 20+ restaurants, 50+ retailers, three schools, and 1,200+ existing and planned homes
- Top-Tier Demographics in Youngsville: Fastest-growing city in Louisiana with $111K median household income and significant population growth
- Across from Regional Demand Driver: Adjacent to the 116-acre Youngsville Sports Complex attracting 1M+ annual visitors
- Achieving Market-Leading Rents: ~$1.75/SF, outperforming stabilized comps due to product type and location premium
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