The Pulse BR: 52 Unit hotel off S Sherwood Forest Blvd sells

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

Commercial Sales Recorded Last Week

11255 Boardwalk Dr
11255 Boardwalk Dr

Type: Hospitality
Price: $1,300,000 ($25,000 / Unit)
Buyer: Baton Rouge Boardwalk Hospitality Inc
Elifin’s Notes: The Baymont by Wyndham Baton Rouge, a 52 unit hotel off S Sherwood Forest Blvd, sells.

6565 Morgan Rd
6565 Morgan Rd

Type: Specialty
Price: $558,110 ($42.93 / SF)
Buyer: Properties by KC LLC
Elifin’s Notes: Former church campus with large pool sells in Central.

7921 Picardy Ave
7921 Picardy Ave

Type: Office
Price: $394,900 ($114.46 / SF)
Buyer: Waters Investments LLC
Elifin’s Notes: Real estate agent and investor George Waters purchases Picardy Ave office building.

1060 Swan Ave
1060 Swan Ave

Type: Retail
Price: $350,000 ($62.50 / SF)
Buyer: University Place Housing LLC
Elifin’s Notes: Developing multifamily property with 11 beds and 9 baths sells near Southern University.

3335 O'Neal Ln
3335 O’Neal Ln

Type: Multifamily
Price: $330,000 ($82,500 / Unit)
Buyer: Hayden Coburn
Elifin’s Notes: A fully occupied fourplex sells along O’Neal Lane.

10120 Red Oak Dr
10120 Red Oak Dr

Type: Office
Price: $320,000 ($19.69 / SF)
Buyer: The New Heritage Enterprises
Elifin’s Notes: Office building sells on the corner of Red Oak Dr and Sharp Lane.

2427 Government St
2427 Government St

Type: Office
Price: $292,000 ($210.98 / SF)
Buyer: Forage Floral Design, LLC
Elifin’s Notes: Forage Floral Design purchases Mid City office building.

10125 Mammoth Avenue
10125 Mammoth Avenue

Type: Industrial
Price: $276,000 ($46.00 / SF)
Buyer: Optimize Solutions, LLC
Elifin’s Notes: Industrial property sells on Mammoth Ave.


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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