The Pulse BR: The Shiloh Apartments off of Florida sell

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

Commercial Sales Recorded Last Week

5677 Florida Blvd
5677 Florida Blvd

Type: Retail
Price: $740,000 ($74 / SF)
Buyer: Cash America Inc of Louisiana
Elifin’s Notes: Texas-based Cash America Inc purchase their location on Florida Blvd near N Ardenwood Dr.

6869 Rembrandt Avenue
6869 Rembrandt Avenue

Type: Multifamily
Price: $700,000 ($50,000 / Unit)
Buyer: SB Estates LA LLC
Elifin’s Notes: The Shiloh apartment complex, a 14-unit complex off of Florida in the Melrose East subdivision, sells to out of state multifamily investor.

11015 Perkins Rd
11015 Perkins Rd

Type: Office
Price: $500,000 ($107.46 / SF)
Buyer: 11015 Perkins LLC
Elifin’s Notes: Perkins Rd office building sells to local investor.

15500 Florida Blvd
15500 Florida Blvd

Type: Industrial
Price: $400,000 ($32.46 / SF)
Buyer: Aaron Realty LLC
Elifin’s Notes: Florida Blvd property near the Gloria Dr intersection sells to Texas-based investor.

2324 Sorrel Ave
2324 Sorrel Ave

Type: Industrial
Price: $350,000 ($35.71 / SF)
Buyer: Gonzales Realty LLC
Elifin’s Notes: Industrial property sells on Sorrel Ave.

12911 Florida Blvd
12911 Florida Blvd

Type: Land
Price: $285,000 ($1.04 / Land SF)
Buyer: Sadeen LLC
Elifin’s Notes: 6.27 acres sell on the corner of Florida Blvd and Harco Dr.

2071 Wooddale Blvd
2071 Wooddale Blvd

Type: Industrial
Price: $265,000 ($45.69 / SF)
Buyer: Andrea Hamilton
Elifin’s Notes: Local investor purchases industrial property off Wooddale Blvd.


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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