The Pulse LFT: 21 Apartment units change hands near ULL Campus

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

Commercial Sales Recorded Last Week

1318 Lee Ave, Lafayette, LA 70506
1318 Lee Ave, Lafayette, LA 70506

Type: Multifamily
Price: $1,445,000 ($68,810 / Unit)
Buyer: 1318 LEE HOLDINGS LLC
Elifin’s Notes: An entity purchases 21 of the 23 condominium units within the Lee Avenue Apartment Complex near campus

110 Armentor St, Lafayette, LA 70501
110 Armentor St, Lafayette, LA 70501

Type: Multifamily
Price: $675,000 ($27,000 / Unit)
Buyer: LT ENTERPRISES LLC
Elifin’s Notes: A mobile home park changes hands near the intersection of East Willow Street and Northeast Evangeline Thruway

217 Surrey St, Lafayette, LA 70501
217 Surrey St, Lafayette, LA 70501

Type: Industrial
Price: $180,000 ($22.46 / SF)
Buyer: BRIGGS, RENE PETER; BRIGGS, LORETTA
Elifin’s Notes: An industrial property sells between East Simcoe and Surrey Street

1013, 1027 S Hugh Wallis Rd, Lafayette, LA 70508
1013, 1027 S Hugh Wallis Rd, Lafayette, LA 70508

Type: Land
Price: Withheld
Buyer: TRAHAN DEVELOPMENT GROUP LLC
Elifin’s Notes: Trahan Development Group picks up 3.3+ acres of vacant land near the Airport


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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