DOWNLOAD FULL REPORT (PDF) With a total of 536 recorded commercial sales in 2021, EBR Parish crossed the $1 Billion mark for total transaction volume for the first time on ELIFIN®’s record. Led by a significant increase in high-dollar multifamily, net leased, and medical sales, this represents an increased volume of 102% over 2020. All sectors closed 2021 trending above...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8069 Ned Avenue Price: $640,000 ($24,615 / Unit) Buyer: R L Montana Properties LLC Elifin's Notes: Laffayete-based investor purchases the Willow View Apartments, a 26 unit complex on Ned Ave. 10032 Avenue I Price: $520,000 ($21,667 / Unit) Buyer: PropertyVest Inc Elifin's Notes: Crestworth Place Apartments, a 24-unit complex located north of...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10127 Florida Blvd Price: $300,000 ($39 / SF) Buyer: Blvd Salon Suites LLC Elifin's Notes: Blvd Salon Suites purchases their location on Florida Blvd near the Sharp Rd intersection. 3266 Drusilla Lane Price: $2,400,000 Buyer: 3266 Drusilla LLC Elifin's Notes: Local investor purchases Drusilla Lane office building on 2.38 acres. 1188 Rosenwald Road Price:...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3232 S Sherwood Forest Blvd Price: $2,750,000 ($61 / SF) Buyer: EFCU Financial Federal Credit Union Elifin's Notes: EFCU Financial Federal Credit Union purchases two story office building on S Sherwood Forest Blvd. 9253 Airline Hwy Price: $220,000 ($122 / SF) Buyer: Smith Holdings LLC Elifin's Notes: Royal Nissan owner purchases neighboring...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4222-4238 Perkins Road Price: $980,000 ($122,500 / Unit) Buyer: 4222 Perkins Road, LLC Elifin's Notes: Southdowns Apt, an 8 unit complex off Perkins Rd near the College Dr intersection, sells to local investor. 10222 The Grove Boulevard Price: Withheld Buyer: B Rouge Elmwood H LLC Elifin's Notes: The High Grove apartments, a...
DOWNLOAD FULL REPORT (PDF) After 11 months, 2021 has officially exceeded each of the previous six-year highs in both number of commercial sales transactions (471) and total dollar volume transacted ($800m). The Multifamily sector continues to see the most significant change from 2020 with a 340% increase in transaction volume in 2021. Industrial sector sales have not set a...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3608, 3610, 3612 Capital Heights Ave Price: $330,000 ($110,000 / Unit) Buyer: Theresa Overby Elifin's Notes: Triplex multifamily property in Mid City sells. 7324 Menlo Drive Price: $3,250,000 ($101,563 / Unit) Buyer: KMA SCP Owner LLC Elifin's Notes: Austin-based investor purchases Kenilworth Manor Apartments, a 32 unit, 2 bed / 2 bath...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 16560 Commercial Ave Price: Withheld Buyer: Double F Logistics LLC Elifin's Notes: Capitol City Produce purchases office building neighboring their warehouse facility on Commercial Ave near the I-12 and O'Neal Lane intersection. Price withheld. 13360 Coursey Blvd, Suite C Price: $430,000 ($178 / SF) Buyer: Impact Ventures LLC Elifin's Notes: Local investor...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2595 N Sherwood Forest Blvd Price: $231,271 ($128 / SF) Buyer: Loantrang LLC Elifin's Notes: City Towne Tire Shop sells on the corner of N Sherwood Forest Blvd and S Choctaw Dr. 4509 Hwy 19 Price: $758,000 ($505 / SF) Buyer: Linden Dean Elifin's Notes: Oklahoma-based investor purchases Take 5 Oil Change...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10221 Coursey Blvd Price: $1,100,000 ($440 / SF) Buyer: MM LA Properties LLC Elifin's Notes: Majors Management, a Georgia-based convenience store developer, purchases Circle K on the corner of Coursey Blvd and Cedarcrest Ave. 6920 Bluebonnet Blvd Price: $1,190,000 ($291 / SF) Buyer: 6920 Bluebonnet Boulevard LLC Elifin's Notes: New York investment...