The Pulse LFT: 191-Unit apartment complex sells

07 Apr The Pulse LFT: 191-Unit apartment complex sells

Posted at 09:25h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

110 Matrix Loop, Lafayette, LA 70507

Type: Industrial
Price: $1,525,000 ($84.72 / SF)
Buyer: LAFAYETTE PROPERTY PARTNERS LLC
Elifin’s Notes: Lafayette Property Partners, a Florida limited liability company, acquires an industrial warehouse property on Matrix Loop near Carencro.

208, 220 Heymann Blvd, Lafayette, LA 70503

Type: Office
Price: $1,316,000 ($116.84 / SF)
Buyer: 210 HEYMANN LLC
Elifin’s Notes: An office property sells on Heymann Boulevard in the Oil Center.

Lot 3-A-1 NE Evangeline Thwy, Carencro, LA 70520

Type: Land
Price: $970,000 ($10.39 / Land SF)
Buyer: CAF REAL ESTATE CARENCRO LLC
Elifin’s Notes: An outparcel of The Center Square shopping center sells on Northeast Evangeline Thruway.

900 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Office
Price: $650,000 ($250.00 / SF)
Buyer: BANK OF SUNSET & TRUST COMPANY
Elifin’s Notes: Bank of Sunset and Trust Company acquires a bank property on Kaliste Saloom Road.

448 Industrial Pkwy, Lafayette, LA 70508

Type: Industrial
Price: $555,000 ($111.00 / SF)
Buyer: ROPER CAPITAL REAL ESTATE LLC
Elifin’s Notes: A NNN-leased industrial property trades on Industrial Parkway.

405 W Convent St, Lafayette, LA 70501

Type: Office
Price: $400,000 ($153.85 / SF)
Buyer: GAUTREAUX KARRE PROPERTY LLC
Elifin’s Notes: Gautreaux Karre Property LLC acquires an office property at the corner of West Convent and South Washington Street.

201 Petroleum Rd, Broussard, LA 70518

Type: Industrial
Price: $244,000 ($101.67 / SF)
Buyer: ALLARD INVESTMENTS LLC
Elifin’s Notes: Allard Investments LLC purchases an industrial property on Petroleum Road.

3905 Moss St, Lafayette, LA 70507

Type: Office
Price: $160,000 ($116.53 / SF)
Buyer: MOORE, JOHN E
Elifin’s Notes: A dwelling converted to office property changes hands on Moss Street.

400 Sonnier Rd, Carencro, LA 70520

Type: Land
Price: $145,000 ($2.16 / Land SF)
Buyer: DUHON, MARC J JR
Elifin’s Notes: A 1.5+ acre parcel of land sells on Sonnier Road.

105 Calco Blvd, Lafayette, LA 70503

Type: Multifamily
Price: Withheld
Buyer: POINTE AT PINHOOK OWNER LLC
Elifin’s Notes: A New York-based developer purchases The Pointe at Pinhook, formerly known as Campion, a 191-unit multifamily property just off of West Pinhook Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
302 RUE LOUIS XIV	Reroof (C) $1,499,420	RE ROOF	[O] STULLER INC [C] PELLERIN & WALLACE, INC., Donald J. Pellerin
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] The Lemoine Company, L.L.C
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] The Lemoine Company, L.L.C
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] The Lemoine Company, L.L.C
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	3rd Floor Buildout for new NICU 2nd Floor Renovations to Postpartum 2nd Floor Finish Upgrades to LDR and Medical/Surgical Unite	[O] N/A [C] GALLO MECHANICAL, L.L.C., DAVID GALLO
2815 JOHNSTON ST	Addition / Alteration / Repair (C) $0	Converting two mercantile spaces into one restaurant space with commercial kitchen.	[O] N/A [C] N/A
214 JEFFERSON ST	Addition / Alteration / Repair (C) $0	TENANT BUILD-OUT INTERIOR OFFICE SPACE RENOVATION. REMOVAL OF SELECT EXISTING WALLS, ADDITION OF WALLS, ADDITION OF SUSPENDED CEILING, REMOVAL OF SHOWERS, MINIMAL REPLACEMENT OF FLOORING, AND INTERIOR REPAINTING.	[O] N/A [C] N/A
935 CAMELLIA BLVD	Addition / Alteration / Repair (C) $0	Renovation to the Registration and waiting area, renovations to the dressing area and to office 102	[O] N/A [C] N/A
130 Tissington St	Addition / Alteration / Repair (C) $0	reno commercial	[O] ANDRE LEGER [C] N/A
1214 COOLIDGE ST	Addition / Alteration / Repair (C) $0	a temporary storage area for cadavers during renovation of the primary morgue	[O] N/A [C] N/A
2912 JOHNSTON ST	Addition / Alteration / Repair (C) $0	Renovation of an existing tenant space located at 2912 Johnston Street in Winwood Shopping Center. Plumbing and Sewer service is existing. HVAC is existing. Electrical service is existing.	[O] N/A [C] N/A
207 JEANETTE ST #1	Electrical Standalone (C) $0	New overhead service	[O] N/A [C] N/A
103 LIMOGES ST	Electrical Standalone (C) $0	Restoring power to all Units St Unit C	[O] N/A [C] N/A
207 JEANETTE ST #2	Electrical Standalone (C) $0	New overhead service	[O] N/A [C] N/A
103 LIMOGES ST	Electrical Standalone (C) $0	Restoring power to all Units Unit D	[O] N/A [C] N/A
338 E GLORIA SWITCH RD	Electrical Standalone (C) $0	CHANGING ELEC BREAKER	[O] RLH DEVELOPMENT, LLC [C] GLOBAL ELECTRICAL CONTRACTORS LLC, HAMMOND HICKS
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #27, building #39	[O] N/A [C] N/A
105 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #281, building #14	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #874, building #16	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #856, building #18	[O] N/A [C] N/A
105 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #172, building #13	[O] N/A [C] N/A
101 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #201, building #1	[O] N/A [C] N/A
406 SAINT JULIEN AVE	Mechanical Standalone (C) $0	Installation/change out of two 1 ton mini splits.	[O] N/A [C] RELIABLE AIR CONDITIONING, JOHN POIROT
1400 E MILTON AVE	Plumbing Standalone (C) $0	N/A	[O] N/A [C] N/A
2700 N UNIVERSITY AVE	Plumbing Standalone (C) $0	BACKFLOW PREVENTER 102-c	[O] N/A [C] BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
2511 KALISTE SALOOM RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1000 LOUISIANA AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2424 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A

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

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