The Pulse NOLA: 292-Unit hotel sells in Kenner

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

2829 Williams Blvd, Kenner, LA 70062
2829 Williams Blvd, Kenner, LA 70062

Type: Hospitality
Price: $7,250,000 ($24,829 / Unit)
Buyer: KENNER HOLDINGS LLC
Elifin’s Notes: The Clarion Hotel New Orleans- Airport & Conference Center, 292 rooms, sells in Kenner.

2901, 2903, 2917 Tchoupitoulas St, New Orleans, LA 70115
2901, 2903, 2917 Tchoupitoulas St, New Orleans, LA 70115

Type: Industrial
Price: $1,470,000 ($121.49 / SF)
Buyer: SEMREH CLUB INC
Elifin’s Notes: A pair of industrial warehouse properties sell on Tchoupitoulas Street.

1525 Religious St, New Orleans, LA 70130
1525 Religious St, New Orleans, LA 70130

Type: Mixed-Use
Price: $969,000 ($270.29 / SF)
Buyer: CYNTHIA FAYARD REVOCABLE TRUST
Elifin’s Notes: This property has two structures, one with office space and one used as an apartment.

3931 Annunciation St, New Orleans, LA 70115
3931 Annunciation St, New Orleans, LA 70115

Type: Multifamily
Price: $775,000 ($129,167 / Unit)
Buyer: APG II LLC
Elifin’s Notes: Local investor purchases a 6-unit multifamily property in the East Riverside area.

3166 Barataria Blvd, Marrero, LA 70072
3166 Barataria Blvd, Marrero, LA 70072

Type: Land
Price: Withheld
Buyer: KELSEY GROUP LLC
Elifin’s Notes: A 0.7+ acre parcel of land sells on Barataria Boulevard.


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 $300,000. 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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