The Pulse: Dawson Creek Apartments and Mason’s Grill Sold

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

Commercial Sales Recorded Last Week

8453 Picardy Ave
8453 Picardy Ave

Type: Multifamily
Price: $45,725,000 ($295,000 / Unit)
Buyer: RK Dawson Park DST
Elifin’s Notes: Dawson Park Apartments, a four story 155 unit complex in the health district of Baton Rouge, sells to RK Properties, a California-based multifamily investment company..

270 Main St
270 Main St

Type: Retail
Price: $3,361,908 ($1,457 / SF)
Buyer: Nordiego Capital LTD LP
Elifin’s Notes: California-based investor purchases Popeyes off Main St near Lavey Lane in Baker..

2010 Church St
2010 Church St

Type: Self-Storage
Price: $3,100,000 ($11,654 / Unit)
Buyer: Infinite Returns Investments LLC
Elifin’s Notes: Wyoming-based investor purchases Red Door Storage, a 266 unit self-storage facility in Zachary.
Steve with Red Door Storage – (225) 654-270.

5975 Choctaw Dr
5975 Choctaw Dr

Type: Industrial
Price: $3,000,000 ($30 / SF)
Buyer: 5975 Choctaw LLc
Elifin’s Notes: Local investor purchases Construction Services Group facility on the corner of Choctaw Dr and N Ardenwood Dr..

13556 Jefferson Hwy
13556 Jefferson Hwy

Type: Retail
Price: $1,650,000 ($258 / SF)
Buyer: Geaux Leauxcal LLC
Elifin’s Notes: Mason’s Grill property sells to the restaurant’s new ownership..

8845 GSRI Avenue
8845 GSRI Avenue

Type: Multifamily
Price: $1,195,000 ($74,688 / Unit)
Buyer: MJW RE Holdings LLC
Elifin’s Notes: Idaho-based investor purchases four 4-plex properties on GSRI Ave..

Tract A-1-B-1 Hwy 19
Tract A-1-B-1 Hwy 19

Type: Land
Price: $849,747 ($12.67 / Land SF)
Buyer: Our Lady of the Lake Hospital Inc
Elifin’s Notes: Our Lady of the Lake purchases 1.5 acres across from Lane Memorial Hospital in Zachary..

11603 Southfork Ave, Building C
11603 Southfork Ave, Building C

Type: Office
Price: $685,000 ($159 / SF)
Buyer: Carr 11603 LLC
Elifin’s Notes: Office building sells in the Southfork Quarters Office Condominiums..

7716 Commerce Ave
7716 Commerce Ave

Type: Industrial
Price: $500,000 ($23 / SF)
Buyer: American Louisiana Group LLC
Elifin’s Notes: All American Glass Distributors purchase their local warehouse facility just off S Choctaw Dr..

1511 Cristy Drive
1511 Cristy Drive

Type: Multifamily
Price: $460,000 ($57,500 / Unit)
Buyer: Osric Jones
Elifin’s Notes: Local investor purchases 8 unit multifamily property near Belaire High School..

9333 Mammoth Avenue
9333 Mammoth Avenue

Type: Industrial
Price: $260,000 ($52 / SF)
Buyer: Triumph Construction LLC
Elifin’s Notes: Triumph Construction purchases property off Mammoth Ave..

2285 North St
2285 North St

Type: Retail
Price: $230,000 ($62 / SF)
Buyer: Rolo Enterprises LLC
Elifin’s Notes: Retail property with two apartment units attached sells on the corner of North St and N 23rd St..

Hooper Rd at Greenwell Springs Rd
Hooper Rd at Greenwell Springs Rd

Type: Land
Price: $210,000 ($3.54 / Land SF)
Buyer: JPP Development Greenwell LLC
Elifin’s Notes: Two lots on the corner of Hooper Rd and Greenwell Springs Rd sell to local investor..


Upcoming Planning Commission Cases

Mixed Use Office and Residential Development at Rouzan

  • Submitted on 6/2/2022 by Kenneth Brown. Proposed office and residential development on property located east of Glasgow Avenue, south of Perkins Road. At the corner of Rouzan Square Ave and Galerie St.
  • Application – View on Map

Commercial Permits Issued Last Week

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Elifin Realty
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