Magnolia Villas Apartments

CBRE is pleased to present Magnolia Villas an opportunity in the heart of Carville, Louisiana, offering a modern residential community designed for both comfort and long-term stability. Constructed in 2012, this asset consists of 40 spacious units distributed across 10 residential buildings, complemented by a dedicated leasing office and a functional storage facility. The property is uniquely comprised entirely of high-demand three-bedroom, two-bathroom floor plans, featuring a thoughtful layout that appeals to families and professionals alike. Residents benefit from on-site amenities including a community playground and room to potentially add BBQ pits or recreational area.

The strategic location of Magnolia Villas provides a significant competitive advantage, as it sits in immediate proximity to a major industrial sector that serves as a primary engine for regional employment. This logistical convenience ensures a consistent pipeline of prospective tenants drawn to the area’s robust economic opportunities. Currently maintaining a 70% occupancy rate, the property offers a stabilized foundation with clear avenues for immediate value optimization. By combining modern construction standards with a specialized unit mix and a location tied to the region’s industrial growth, Magnolia Villas stands as a highly attractive acquisition for investors seeking a turnkey asset in a resilient submarket.

Magnolia Villas represents a stabilized, high-demand multifamily asset strategically positioned to capitalize on the massive industrial expansion currently transforming Louisiana‘s “Industrial Gold Coast.“ Built in 2012, the property offers a uniform and highly marketable unit mix consisting of 40 spacious three-bedroom, two-bathroom floor plans. The property is very affordable with 8 units at 50% set asides and 32 units at 80% set asides which burn off in 2032. Its location in Carville provides an unparalleled “live-work“ advantage, placing residents within 10 minutes of thousands of high-wage jobs at global industrial facilities such as Dow Chemical, Shintech, TotalEnergies, and Westlake Chemical. Furthermore, the property stands to benefit from a generational economic surge in the region. Landmark megaprojects like the $5.8 billion Hyundai Steel mill and the $4.5 billion Air Products Clean Energy Complex are projected to create thousands of additional permanent roles with average annual salaries exceeding $91,000. With modern wood-frame construction, dedicated onsite management facilities, and a secure position in a supply-constrained submarket, Magnolia Villas is a premier turn-key opportunity for investors seeking long-term appreciation and resilient cash flow