Diamond Lakes

About Diamond Lakes

The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 312-unit Diamond Lakes apartment community located in Lafayette, Louisiana. The robust economic trends within the Lafayette MSA, highlighted by the projected addition of 3.8K jobs in 2024, are fueling a surge in demand, particularly for young families choosing to relocate. The strategic location of the property, within a convenient 15-minute drive of the MSA’s top ten employers, provides residents unparalleled access to employment opportunities. Beyond job accessibility, Diamond Lakes is just minutes from Lafayette’s largest retail corridor, boasting over 7.2M SF. Current ownership has undertaken substantial value-add initiatives including upgrades to 93 units, resulting in premiums of ~$100. New ownership can capitalize on this momentum by expanding the renovation scope to significantly increase income.