The Pulse BR: Former rehab facility sells for 15mm

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

Commercial Sales Recorded Last Week

2414 Bunker Hill Dr, Baton Rouge, LA 70808
2414 Bunker Hill Dr, Baton Rouge, LA 70808

Type: Office
Price: $15,000,000 ($98.68 / SF)
Buyer: Avenues Recovery Center
Elifin’s Notes: Avenue Recovery Center purchases the former Cenikor drug rehab facility.

9118 Bluebonnet Centre Blvd, Baton Rouge, LA 70809
9118 Bluebonnet Centre Blvd, Baton Rouge, LA 70809

Type: Office
Price: $3,576,254 ($141.53 / SF)
Buyer: VPU Baton Rouge LLC
Elifin’s Notes: Two story office building on Bluebonnet Centre Blvd sells to Minnesota-based investors.

1855 Boulevard De Province, Baton Rouge, LA 70816
1855 Boulevard De Province, Baton Rouge, LA 70816

Type: Multifamily
Price: $3,000,000 ($13,636 / Unit)
Buyer: Bella of Baton Rouge Apartments LLC
Elifin’s Notes: Brooklyn-based investors purchase the Bella of Baton Rouge Apartments, a 220 unit complex off Blvd De Province.

9864 Professional Blvd, Baton Rouge, LA 70809
9864 Professional Blvd, Baton Rouge, LA 70809

Type: Industrial
Price: $1,000,000 ($96.15 / SF)
Buyer: Paradym Partners LLC
Elifin’s Notes: The owners of Firequest Fire Alarm Services purchase office/warehouse on Professional Blvd.

418 N Burnside Ave, Gonzales, LA 70737
418 N Burnside Ave, Gonzales, LA 70737

Type: Retail
Price: $355,000 ($118.33 / SF)
Buyer: PGW Holdings LLC
Elifin’s Notes: A retail building, formerly used as pharmacy, has been acquired by PGW Holdings.

Lot 6 LA Hwy 431, Saint Amant, LA 70774
Lot 6 LA Hwy 431, Saint Amant, LA 70774

Type: Land
Price: $200,000 ($0.37 / Land SF)
Buyer: Breaux, Grant T; Breaux, Maureen R; Breaux, Shaun Thomas
Elifin’s Notes: A vacant tract of land, 12.4+ acres, sells along Louisiana Highway 431.

10315 S Perdue Ave, Baton Rouge, LA 70814
10315 S Perdue Ave, Baton Rouge, LA 70814

Type: Industrial
Price: $125,000 ($31.25 / SF)
Buyer: Preston Jordan
Elifin’s Notes: Industrial property sells just off of S Choctaw Dr.

Lot 5-A Hooper Rd, Baton Rouge, LA 70818
Lot 5-A Hooper Rd, Baton Rouge, LA 70818

Type: Land
Price: $107,000 ($1.10 / Land SF)
Buyer: A & B Properties LLC
Elifin’s Notes: Vacant lot sells in Central off Hooper Rd.


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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