29 Apr The Pulse BR: Local investor purchases 28 homes
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.
Commercial Sales Recorded Last Week
3445 Bluebonnet Boulevard, Baton Rouge, LA 70809
Type: Land
Price: $1,800,000 ($11.67 / Land SF)
Buyer: Ujjagar Investment LLC
Elifin’s Notes: Local investor purchases vacant lot off Bluebonnet Blvd near the Celtic Dr intersection.
2718 S Ruby Ave, Gonzales, LA 70737
Type: Industrial
Price: $1,360,000 ($116.51 / SF)
Buyer: COLEMAN ROOFING & CONSTRUCTION LLC HOUMA
Elifin’s Notes: Coleman Roofing & Construction purchases an industrial property along South Ruby Avenue in Gonzales
3350 Alliquippa Street, Baton Rouge, LA 70805
Type: Multifamily
Price: $1,022,000 ($36,500 / Unit)
Buyer: BYP Properties2 LLC
Elifin’s Notes: Local investor purchases 28 residential homes throughout the Baton Rouge area.
1401 South Lanoux Avenue, Gonzales, LA 70737
Type: Land
Price: $950,000 ($0.96 / Land SF)
Buyer: H12 LLC
Elifin’s Notes: Convington-based entity picks up a tract of vacant land along South Lanoux Avenue in Gonzales
1029 North Boulevard, Baton Rouge, LA 70802
Type: Land
Price: $790,000 ($14.87 / Land SF)
Buyer: North Blvd Properties LLC
Elifin’s Notes: Five vacant lots sell on the corner of North Blvd and N 10th St near downtown Baton Rouge.
9542 Brookline Ave, Baton Rouge, LA 70809
Type: Office
Price: $668,000 ($97.49 / SF)
Buyer: Manning Investments LLC
Elifin’s Notes: Two story office building that is 97% leased sells on Brookline Ave.
8017 Picardy Ave, Baton Rouge, LA 70809
Type: Office
Price: $500,000 ($142.21 / SF)
Buyer: IPI Properties LLC
Elifin’s Notes: Interventional Pain Institute purchases medical office on Picardy Ave.
10079 Burbank Dr, Baton Rouge, LA 70810
Type: Office
Price: $325,000 ($65.78 / SF)
Buyer: The Redeemed Christian Church of God
Elifin’s Notes: The Redeemed Christian Church of God purchases Burbank Dr property.
7623 E Industrial Ave, Baton Rouge, LA 70805
Type: Industrial
Price: $320,000 ($34.78 / SF)
Buyer: A & T Industrial, LLC
Elifin’s Notes: Industrial property sells just off Airline Hwy.
13012 South Choctaw Drive, Baton Rouge, LA 70815
Type: Land
Price: $275,000 ($1.56 / Land SF)
Buyer: Short Straw Properties LLC
Elifin’s Notes: A 4 acre vacant lot sells on S Choctaw Dr.
1136 West Chimes Street, Baton Rouge, LA 70802
Type: Multifamily
Price: Withheld
Buyer: JCS Interests Real Estate Holdings LLC
Elifin’s Notes: Local investor purchases two duplexes and two residential homes.
38421 North Robert Wilson Road, Gonzales, LA 70737
Type: Industrial
Price: Withheld
Buyer: WASTE PRO OF LOUISIANA INC
Elifin’s Notes: Waste Pro of Louisiana purchases an industrial property along with the adjoining parcel of vacant land, totaling 31+ acres
Commercial Permits Issued Last Week
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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.
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