The Pulse BR: Former Circle Bowl sells

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

Commercial Sales Recorded Last Week

1710 N Marque Anne Dr, Baton Rouge, LA 70815
1710 N Marque Anne Dr, Baton Rouge, LA 70815

Type: Multifamily
Price: $4,275,000 ($12,955 / Unit)
Buyer: Baton Rouge Apartment Group LLC
Elifin’s Notes: Baton Rouge Apartment Group LLC purchases the 330-unit Cherry Creek apartment complex.

1737 La Annie Dr, Baton Rouge, LA 70815
1737 La Annie Dr, Baton Rouge, LA 70815

Type: Multifamily
Price: $1,370,000 ($15,930 / Unit)
Buyer: Baton Rouge Apartment Group LLC
Elifin’s Notes: Baton Rouge Apartment Group LLC purchases the Olive Square apartment complex.

8878 Florida Blvd, Baton Rouge, LA 70815
8878 Florida Blvd, Baton Rouge, LA 70815

Type: Retail
Price: $700,000 ($22.34 / SF)
Buyer: Iglesia Congregacional Casa De Dios
Elifin’s Notes: The Iglesia Congregacional Casa De Dios organization purchases the former Circle Bowl property on Florida Boulevard.

8676 Florida Blvd, Baton Rouge, LA 70815
8676 Florida Blvd, Baton Rouge, LA 70815

Type: Retail
Price: $425,000 ($69.29 / SF)
Buyer: GG Investments LLC
Elifin’s Notes: A local investor purchases a pair of retail properties, one strip center and a single tenant retail building, on Florida Boulevard.

12562 S Harrells Ferry Rd, Baton Rouge, LA 70816
12562 S Harrells Ferry Rd, Baton Rouge, LA 70816

Type: Office
Price: $371,200 ($80.00 / SF)
Buyer: Le Giang; Le Chloe
Elifin’s Notes: An office property sells on South Harrells Ferry Road.

528 E State St, Baton Rouge, LA 70802
528 E State St, Baton Rouge, LA 70802

Type: Multifamily
Price: $350,000 ($70,000 / Unit)
Buyer: NEHC LLC
Elifin’s Notes: A 5-unit multifamily property changes ownership on East State Street.

1746 Main St, Baton Rouge, LA 70802
1746 Main St, Baton Rouge, LA 70802

Type: Industrial
Price: $270,000 ($45.00 / SF)
Buyer: Anderson Donnie G (Jr); Anderson Sonyetta
Elifin’s Notes: An office live-work property sells at Main Street and North 18th Street.

7165, 7171 Scobell Dr, Baton Rouge, LA 70806
7165, 7171 Scobell Dr, Baton Rouge, LA 70806

Type: Industrial
Price: $200,000 ($32.26 / SF)
Buyer: Roppolo Commercial Properties LLC
Elifin’s Notes: An industrial property changes hands on Scobell Drive.


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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