The Pulse BR: OYO motel off Airline Hwy sold

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

Commercial Sales Recorded Last Week

15151 Florida Blvd, Baton Rouge, LA 70819
15151 Florida Blvd, Baton Rouge, LA 70819

Type: Office
Price: $2,625,000 ($18.64 / SF)
Buyer: United Christian Faith Ministries Inc
Elifin’s Notes: United Christian Faith Ministries Inc acquires an office property along with a 9+ acre vacant plot on Florida Boulevard.

17227 Airline Hwy, Prairieville, LA 70769
17227 Airline Hwy, Prairieville, LA 70769

Type: Retail
Price: $2,000,000 ($280.62 / SF)
Buyer: RBC Captial Encore 17227 Airline LLC
Elifin’s Notes: A Georgia-based company acquires a gas station/convenience store near Swamp Road in Prairieville.

5665 McClelland Dr, Baton Rouge, LA 70805
5665 McClelland Dr, Baton Rouge, LA 70805

Type: Multifamily
Price: $1,275,000 ($17,000 / Unit)
Buyer: Garrison 225, LLC
Elifin’s Notes: A 75-unit apartment complex sells on McClelland Drive.

6823 Airline Hwy, Baton Rouge, LA 70805
6823 Airline Hwy, Baton Rouge, LA 70805

Type: Land
Price: $400,000 ($2.45 / Land SF)
Buyer: Jammu Investments LLC
Elifin’s Notes: Jammu Investments LLC purchases a 3.7+ acre parcel of commercial land on Airline Highway.

14026 Hwy 431, St Amant, LA 70774
14026 Hwy 431, St Amant, LA 70774

Type: Land
Price: $350,000 ($3.17 / Land SF)
Buyer: Trash Rangers of Louisiana LLC
Elifin’s Notes: Trash Rangers of Louisiana LLC purchases land next to its current facility at the corner of Harry Savoy Road and Highway 431.

218 Springfield Rd, Baton Rouge, LA 70807
218 Springfield Rd, Baton Rouge, LA 70807

Type: Industrial
Price: $295,000 ($11.98 / SF)
Buyer: 218 Springfield Rd Lofts LLC
Elifin’s Notes: An Atlanta-based entity purchases an industrial complex in Zachary.

1260 Eddie Robinson Sr Dr, Baton Rouge, LA 70802
1260 Eddie Robinson Sr Dr, Baton Rouge, LA 70802

Type: Retail
Price: Withheld
Buyer: Mcintosh Properties LLC
Elifin’s Notes: Mcintosh Properties LLC purchases a commercial property at the hard corner of Eddie Robinson Sr Drive and Terrace Avenue.

10870 Coursey Blvd, Baton Rouge, LA 70816
10870 Coursey Blvd, Baton Rouge, LA 70816

Type: Land
Price: Withheld
Buyer: Silverbacks LLC
Elifin’s Notes: A 0.4+ acre parking lot sells across from Devon Self Storage on Coursey Boulevard.

9999 Gwenadele Ave, Baton Rouge, LA 70816
9999 Gwenadele Ave, Baton Rouge, LA 70816

Type: Hospitality
Price: Withheld
Buyer: Baton Rouge Lodging LLC
Elifin’s Notes: Baton Rouge Lodging LLC acquires a 130 room motel on Gwenadele Avenue.


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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