The Pulse NOLA: 718-Unit multifamily property sells

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

Commercial Sales Recorded Last Week

888 Terry Pkwy, Terrytown, LA 70056
888 Terry Pkwy, Terrytown, LA 70056

Type: Retail
Price: $2,660,000 ($243.01 / SF)
Buyer: DALAHN 2 LLC
Elifin’s Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown.

3127, 3129 Short St, New Orleans, LA 70125
3127, 3129 Short St, New Orleans, LA 70125

Type: Retail
Price: $1,700,000 ($256.80 / SF)
Buyer: ALLISON & GLENN INC
Elifin’s Notes: A retail property changes hands at the corner of Short Street and Earhart Boulevard.

83 23rd St, Kenner, LA 70062
83 23rd St, Kenner, LA 70062

Type: Industrial
Price: $950,000 ($126.33 / SF)
Buyer: TWF Properties LLC
Elifin’s Notes: An industrial property with office and warehouse space sells near the Airport in Kenner.

1227 Chartres St, New Orleans, LA 70116
1227 Chartres St, New Orleans, LA 70116

Type: Multifamily
Price: $925,000 ($154,167 / Unit)
Buyer: LFQ LLC
Elifin’s Notes: A 6-unit multifamily property changes hands on Chartres Street.

2275 Sanctuary Dr, New Orleans, LA 70114
2275 Sanctuary Dr, New Orleans, LA 70114

Type: Industrial
Price: $900,000 ($22.22 / SF)
Buyer: BUILDING 4 LLC
Elifin’s Notes: A Shreveport-based entity purchases the former military warehouse property on Sanctuary Drive.

5010 Freret St, New Orleans, LA 70115
5010 Freret St, New Orleans, LA 70115

Type: Retail
Price: $585,000 ($371.19 / SF)
Buyer: SIVURI INVESTMENTS LLC
Elifin’s Notes: Sivuri Investments LLC acquires a restaurant property on Freret Street.

1101 Huey P Long Ave, Gretna, LA 70053
1101 Huey P Long Ave, Gretna, LA 70053

Type: Industrial
Price: $515,000 ($93.64 / SF)
Buyer: T&S OSBORNE LLC
Elifin’s Notes: T&S Osborne LLC acquires an industrial property at the corner of Huey P Long Avenue and 11th Street.

9301 Chef Menteur Hwy, New Orleans, LA 70127
9301 Chef Menteur Hwy, New Orleans, LA 70127

Type: Specialty
Price: $500,000 ($16.67 / SF)
Buyer: SOVEREIGN HOPE APOSTOLIC FELLOWSHIP
Elifin’s Notes: A multi-building religious facility sells on Chef Menteur Highway.

1800 Williams Blvd, Kenner, LA 70062
1800 Williams Blvd, Kenner, LA 70062

Type: Office
Price: $415,000 ($98.81 / SF)
Buyer: BOHANNAN INVESTMENTS LLC
Elifin’s Notes: A local investor purchases a multi-unit office property in Kenner.

2047 Lafayette St, New Orleans, LA 70113
2047 Lafayette St, New Orleans, LA 70113

Type: Industrial
Price: $272,500 ($28.88 / SF)
Buyer: 2047 LAFAYETTE PROPERTY LLC
Elifin’s Notes: An industrial property comprising 3 connected warehouse buildings sells on Lafayette Street.

833 4th St, Gretna, LA 70053
833 4th St, Gretna, LA 70053

Type: Office
Price: $225,000 ($129.68 / SF)
Buyer: HAMMANT ROONEY PROPERTIES LLC
Elifin’s Notes: Hammant Rooney Properties LLC acquires an office property at the hard corner of Fourth Street and Weyer Street in Gretna.

208 Trefny Ave, Metairie, LA 70003
208 Trefny Ave, Metairie, LA 70003

Type: Land
Price: $225,000 ($23.07 / Land SF)
Buyer: TO T DEVELOPMENTS LLC
Elifin’s Notes: A 0.2+ acre parcel of land sells off of Airline Drive on Trefny Avenue.

1131, 1133 Rev John Raphael Jr Way, New Orleans, LA 70113
1131, 1133 Rev John Raphael Jr Way, New Orleans, LA 70113

Type: Office
Price: $220,000 ($155.37 / SF)
Buyer: BEARCHILD COMPANY LLC
Elifin’s Notes: Bearchild Company LLC acquires an office property on Reverend John Raphael Jr Way.

1400, 1420 Annunciation St, New Orleans, LA 70130
1400, 1420 Annunciation St, New Orleans, LA 70130

Type: Multifamily
Price: Withheld
Buyer: SAULET GARDENS, LP
Elifin’s Notes: The Saulet, a multifamily property consisting of 718 units, changes ownership on Annunciation Street.

1344 Danville St, Kenner, LA 70062
1344 Danville St, Kenner, LA 70062

Type: Industrial
Price: Withheld
Buyer: TUFARO PATTY A
Elifin’s Notes: An industrial property sells on Danville Street.

201 Richard St, Gretna, LA 70053
201 Richard St, Gretna, LA 70053

Type: Industrial
Price: Withheld
Buyer: SQUARE 10 LLC
Elifin’s Notes: A small industrial warehouse sitting on 0.6+ acres of land sells in Gretna.


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
No Comments

Post A Comment