Cottages at West Village

Located in the growing West Village community in Scott, LA, this property offers an opportunity to invest in a well-planned Traditional Neighborhood Development (TND). West Village, which began development in Spring 2019, spans 143 acres and includes a mix of 15 rental cottages, multifamily apartments, and nearly 400 homes. Designed with walkable access to a variety of amenities, the community caters to both modern living and neighborhood charm.

The operating financials show current rental income of $330,960 annually with a net operating income (NOI) of $236,395. Projections indicate growth potential, with the NOI expected to increase to $254,260. The property maintains a low vacancy rate and has a range of amenities covered by HOA dues, including a pool, gym, 24/7 security monitoring, and common area maintenance. This investment offers stable, long-term returns in an expanding market.