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Diamond Lakes

Posted: 2/20/2024
312 Units
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes
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Diamond Lakes

Before & After

Existing Kitchen Envisioned Kitchen after Upgrades

About

About Diamond Lakes

Offers Due:  Thursday, April 11, 2024 Add to Calendar

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.

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