The Pulse BR: Zachary mobile home park sells for 2mm

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

Commercial Sales Recorded Last Week

9895 Florida Blvd, Baton Rouge, LA 70815
9895 Florida Blvd, Baton Rouge, LA 70815

Type: Multifamily
Price: $2,500,000 ($32,468 / Unit)
Buyer: The Mirage Villa Apartments LLC
Elifin’s Notes: The Mirage Villa Apartments, a 77-unit complex on Florida Blvd near Sharp Lane, sells to group of local investors.

18750 Old Scenic Hwy, Zachary, LA 70791
18750 Old Scenic Hwy, Zachary, LA 70791

Type: Multifamily
Price: $2,000,000 ($55,556 / Unit)
Buyer: Casa Nueva LLC
Elifin’s Notes: Local investor purchases mobile home park with vacant land in Zachary.

5965 Scenic Hwy, Baton Rouge, LA 70805
5965 Scenic Hwy, Baton Rouge, LA 70805

Type: Office
Price: $900,000 ($52.94 / SF)
Buyer: Exxon Mobil Corporation
Elifin’s Notes: Exxon Mobil purchases Scenic Hwy office building.

Tract CA-1 Blues Hwy, Zachary, LA 70791
Tract CA-1 Blues Hwy, Zachary, LA 70791

Type: Land
Price: $790,000 ($0.61 / Land SF)
Buyer: Lane Teekel Investments LLC
Elifin’s Notes: Gerry Lane purchases additional acreage near their upcoming dealership in Zachary off Hwy 61.

1444 Jim Taylor Dr, Baton Rouge, LA 70820
1444 Jim Taylor Dr, Baton Rouge, LA 70820

Type: Multifamily
Price: $345,000 ($34,500 / Unit)
Buyer: J & L Property Investments LLC
Elifin’s Notes: A 10-unit apartment complex in Tigerland sells to local investor.

12055 Coursey Blvd, Baton Rouge, LA 70816
12055 Coursey Blvd, Baton Rouge, LA 70816

Type: Office
Price: $325,000 ($151.16 / SF)
Buyer: WT Investments, LLC
Elifin’s Notes: Local investor purchases retail property on Coursey Blvd.

3265 Ivanhoe St, Baton Rouge, LA 70802
3265 Ivanhoe St, Baton Rouge, LA 70802

Type: Multifamily
Price: $315,000 ($63,000 / Unit)
Buyer: Over the Top Properties LLC
Elifin’s Notes: A 5-unit multifamily building sells near the North Gates of LSU.

7144 Greenwell Springs Rd, Baton Rouge, LA 70805
7144 Greenwell Springs Rd, Baton Rouge, LA 70805

Type: Retail
Price: Withheld
Buyer: FTF LA 7144 Greenwell Springs Rd LLC
Elifin’s Notes: Colorado-based investor purchases gas station on the corner of Greenwell Springs Rd and Patterson St.


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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