About Nautical Point at Lakeshore Villages
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of Nautical Point at Lakeshore Villages, a 169-unit build-to-rent community located in Slidell, LA, a well-known suburb of New Orleans. Nautical Point at Lakeshore Villages arrives to the market as a one-of-a-kind build-to-rent community located 30 minutes from Downtown New Orleans. Embedded in the Lakeshore Villages community, the asset boasts high-end construction, highlighted by custom brick exteriors, high ceilings, upscale finishes & institutional amenities. Residents at the property benefit from being within a 30-minute drive of employers in Covington, New Orleans as well as the NASA Space Facility in nearby Bay St. Louis, MS. There is minimal supply in the submarket, priming the property for future rent growth. During lease-up, the property has experienced major boosts in income and increases on recent leases. Upon stabilization, the next investor has an opportunity to capture additional rental income on second generation leases.