The Pulse BR: Hampton Inn on Consititution sells to Lafayette company

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.

Commercial Sales Recorded Last Week

1721 Louisiana 30 West, Gonzales, LA 70737
1721 Louisiana 30 West, Gonzales, LA 70737

Type: Land
Price: $875,000 ($12.17 / Land SF)
Buyer: Jase Enterprises LLC
Elifin’s Notes: Investors purchase a 1+ acre parcel of commercial land along LA Hwy 30 in Gonzales.

11062 Cloverland Dr, Baton Rouge, LA 70809
11062 Cloverland Dr, Baton Rouge, LA 70809

Type: Industrial
Price: $635,000 ($84.67 / SF)
Buyer: Third Generation LLC
Elifin’s Notes: Investor purchases industrial property on Cloverland Ave.

1850 S Sherwood Forest Blvd, Baton Rouge, LA 70816
1850 S Sherwood Forest Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $575,000 ($104.55 / SF)
Buyer: 1850 S Sherwood, LLC
Elifin’s Notes: Two story office building on S Sherwood Forest Blvd sells to local investor.

10755 Linkwood Court, Baton Rouge, LA 70810
10755 Linkwood Court, Baton Rouge, LA 70810

Type: Office
Price: $515,000 ($144.66 / SF)
Buyer: Tanya Stuart Inc
Elifin’s Notes: Tanya Stuart purchases office building on Linkwood Ct.

7140 Greenwell Springs Road, Baton Rouge, LA 70805
7140 Greenwell Springs Road, Baton Rouge, LA 70805

Type: Industrial
Price: $300,000 ($33.71 / SF)
Buyer: Industrial Property Group LLC
Elifin’s Notes: Pro Pipe and Supply owner purchases industrial property on Greenwell Springs Rd.

615 East Airport Avenue, Baton Rouge, LA 70806
615 East Airport Avenue, Baton Rouge, LA 70806

Type: Office
Price: $200,000 ($125.00 / SF)
Buyer: East Airport at Independence LLC
Elifin’s Notes: Commercially zoned property sells on E Airport Ave.

1711 Government Street, Baton Rouge, LA 70802
1711 Government Street, Baton Rouge, LA 70802

Type: Land
Price: $150,000 ($13.24 / Land SF)
Buyer: Districtten LLC
Elifin’s Notes: Three vacant lots sell on the corner of Government St and Brice St.

4850 Florida Blvd, Baton Rouge, LA 70806
4850 Florida Blvd, Baton Rouge, LA 70806

Type: Mixed-Use
Price: $120,000 ($45.93 / SF)
Buyer: Gregory Scott Howell
Elifin’s Notes: Mixed-use property sells on Florida Blvd.

4646 Constitution Avenue, Baton Rouge, LA 70808
4646 Constitution Avenue, Baton Rouge, LA 70808

Type: Hospitality
Price: Withheld
Buyer: BTR Hotels LLC
Elifin’s Notes: GAP Hotels, a Lafayette-based hotel development and management company, purchase the Hampton Inn on Constitution Ave.

3150 O'Neal Lane, Baton Rouge, LA 70816
3150 O’Neal Lane, Baton Rouge, LA 70816

Type: Multifamily
Price: Withheld
Buyer: Capitol City Investments LLC
Elifin’s Notes: Local investors purchase the Manchester, an O’Neal Lane multifamily complex consisting of nine 4-plex units.

37091 LA Hwy 30 E, Geismar, LA 70734
37091 LA Hwy 30 E, Geismar, LA 70734

Type: Industrial
Price: Withheld
Buyer: Western International Gas & Cylinders Inc
Elifin’s Notes: Western International Gas purchases their facility on 21+ acres in Geismer.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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