08 Feb The Pulse LFT: Apartment complex sold for 5.4mm

Posted at 16:06h 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

1205 Garber Rd, Broussard, LA 70518

Type: Multifamily
Price: $5,400,000 ($135,000 / Unit)
Buyer: LEGACY AT OXFORD COURT LLC
Elifin’s Notes: A 40-unit multifamily property changes ownership on Garber Road.

406 Beau Pre Rd, Lafayette, LA 70508

Type: Industrial
Price: $2,050,000 ($143.96 / SF)
Buyer: MONTOYA, OSCAR AUGUSTO
Elifin’s Notes: A California-based investor acquires an industrial property on Beau Pre Road.

100 Machine Loop, Scott, LA 70583

Type: Industrial
Price: $636,000 ($90.86 / SF)
Buyer: MACHINE LOOP LLC
Elifin’s Notes: An industrial warehouse property changes hands on Machine Loop.

328 Stevenson St, Lafayette, LA 70501

Type: Multifamily
Price: $400,000 ($66,667 / Unit)
Buyer: DEV PROPERTIES STV LLC
Elifin’s Notes: A 6-unit multifamily property sells near UL’s campus on Stevenson Street.

601 Cleveland St (Unit 1,2 ,3 ,4, 5, 7), Lafayette, LA 70501

Type: Multifamily
Price: $390,000 ($65,000 / Unit)
Buyer: JS LEWIS LLC
Elifin’s Notes: JS Lewis LLC completes its ownership of this entire 8-unit multifamily property with this acquisition of 6 of the condominium’s units.

Lot 7A Chemin Metairie Pkwy, Youngsville, LA 70592

Type: Land
Price: $362,855 ($7.00 / Land SF)
Buyer: KITCHEN, KARLEE ANN
Elifin’s Notes: A 1+ acre parcel of land sells on Chemin Metairie Parkway.

3525 Verot School Rd, Youngsville, LA 70592

Type: Office
Price: $209,500 ($104.75 / SF)
Buyer: KNOX, JEROME FLYNN III
Elifin’s Notes: A domicile turned office property changes hands on Verot School Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3700 E SIMCOE ST	Swimming Pool / Spa (C) $667693	commercial gunite swimming pool	[O] N/A [C] MAKAIRA, LLC, JAMES BARBER
4498 JOHNSTON ST	Reroof (C) $120040	N/A	[O] N/A [C] N/A
4715 NW EVANGELINE THWY	Sign – Wall Sign Electrical (C) $6759	N/A	[O] N/A [C] N/A
6600 N UNIVERSITY AVE	Sign – Freestanding Electrical (C) $6327	N/A	[O] N/A [C] Deep South Signs, Morgan Descant
3809 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	Tenant Finish Out Suite 133C	[O] N/A [C] THOMSON BROTHERS CONSTRUCTION, INC.
3020 N UNIVERSITY AVE	Addition / Alteration / Repair (C) $0	Addition of a covered area in the rear courtyard.	[O] N/A [C] N/A
114 MCKINLEY ST	Addition / Alteration / Repair (C) $0	Awning Addition	[O] N/A [C] N/A
303 W MILTON AVE	Addition / Alteration / Repair (C) $0	Add Awning over front door, epoxy floor in apparatus bay, and new flagpole.	[O] N/A [C] N/A
804 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	Unit f-72	[O] N/A [C] N/A
656 W BROUSSARD RD	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
804 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	Unit E65	[O] N/A [C] N/A
605 BRETON DR	Electrical Standalone (C) $0	Power for new waste water treatment plant to take place of existing plant upon completion REFERENCE APPLICATION NUMBER 3200412	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Up-grading of service to house meter , building #20 / House meter	[O] N/A [C] N/A
500 FISHER RD	Electrical Standalone (C) $0	Sewer Lift Station Upgrades OK TO SELL PERMIT AS PER JACOB AND JOHN B ON 2/3/26	[O] N/A [C] N/A
2600 JOHNSTON ST	Electrical Standalone (C) $0	Installing 600 amp transfer switch on main service. OK JACOB AND JOHN B TO SELL PERMIT ON 2/3/26	[O] N/A [C] N/A
4111½ CAMERON ST	Electrical Standalone (C) $0	Power has been off for 6 months need inspection	[O] N/A [C] N/A
102 ROW 2	Electrical Standalone (C) $0	CHG OUT SERVICE	[O] N/A [C] N/A
3201 KALISTE SALOOM RD	Electrical Standalone (C) $0	Panel Changeout	[O] N/A [C] N/A
3201 KALISTE SALOOM RD	Electrical Standalone (C) $0	Panel Changeout	[O] N/A [C] N/A
3600 KALISTE SALOOM RD	Electrical Standalone (C) $0	Vacate apartment has had electricity off for more than six months. Inspection is required from LUS to get power back on. BUILDING 8 APT 817	[O] N/A [C] N/A
3201 KALISTE SALOOM RD	Electrical Standalone (C) $0	Panel changeout	[O] N/A [C] N/A
312 GUILBEAU RD	Electrical Standalone (C) $0	SHOW TO LEASE	[O] N/A [C] N/A
2000 E BROUSSARD RD	Electrical Standalone (C) $0	Add a main disconnect to existing service at a concrete plant. Add a disconnect for a new air compressor at the plant. AS PER JACOB AND JOHN SELL COMMERCIAL STAND-ALONE PERMITS 2/3/26 .	[O] N/A [C] N/A
425 JEFFERSON ST	Electrical Standalone (C) $0	Electricity has been off for over 6 months. Need turned back on for new tenant (new tenant name: Serving Good Vibes LLC)	[O] N/A [C] N/A
110 ARMENTOR ST	Electrical Standalone (C) $0	REPAIR POLE LOT 14	[O] N/A [C] N/A
201 DUVAL ST	Electrical Standalone (C) $0	Power has been off for 6 months LUS requested an electrical inspection before power can be turned on.	[O] N/A [C] N/A
103 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #162, building #10	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in #474, building #23	[O] N/A [C] N/A
102 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt.#427, building #29	[O] N/A [C] N/A
100 LEE AVE	Electrical Standalone (C) $0	Provide Temp Power to Job Trailer AS OF 2/3/2026 SELL STAND-ALONE PERMITS (COMM) ETC. AS PER JACOB AND JOHN B	[O] N/A [C] N/A
200 EASY ST	Electrical Standalone (C) $0	Warehouse storage	[O] N/A [C] N/A
2321 MILLS ST	Electrical Standalone (C) $0	We replaced a panel and meter base on an existing overhead mobile home pole.	[O] N/A [C] N/A
1904 W PINHOOK RD	Electrical Standalone (C) $0	General Electrical to get electrical services connected Ste 109	[O] N/A [C] N/A
306 WOODRICH LN	Generator (C) $0	GENERTAOR INSTALL I NEED GAS PERMIT TOO, I AM RESUBMITTING THIS AS RESIDENTAL OK JOHN BROYLES TO SELL PERMIT 3:42 ON 2/2/26	[O] TERMINUS HOLDINGS [C] Southern Air Of South La LLC, IRA A. PREUETT PREUETT
4725 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	backflow fire line bypass	[O] N/A [C] HARGRAVE’S PLUMBING LLC, TRAVIS HARGRAVE
409 W SAINT MARY BLVD	Plumbing Standalone (C) $0	Gas leak fixed. Need inspections	[O] N/A [C] N/A
1101 S COLLEGE RD	Plumbing Standalone (C) $0	BFP Inspection	[O] N/A [C] Broussard and Smith Services, DAN SMITH
301 DUNAND ST	Plumbing Standalone (C) $0	REPLACE BACKFLOW	[O] NORTHSIDE HIGH SCHOOL [C] ALMOST THERE PLUMBING REPAIR, TERRY JENNINGS
2744 NE EVANGELINE THWY	Plumbing Standalone (C) $0	REPLACE BACKFLOW	[O] N/A [C] ALMOST THERE PLUMBING REPAIR, TERRY JENNINGS
121 ARNOULD BLVD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] JGWM SIGNS, LLC, Wes Gaspar
315 SETTLERS TRACE BLVD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
315 SETTLERS TRACE BLVD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] EXPEDITE THE DIEHL, Kayla Haertel
6600 N UNIVERSITY AVE	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] Deep South Signs LLC, Morgan Bruce Descant
114 MCKINLEY ST	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
1512 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign Electrical (C) $0	N/A	[O] N/A [C] N/A
1512 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign Electrical (C) $0	Parkway suite -1	[O] N/A [C] Morsigns, Rene Mora
3809 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign Electrical (C) $0	STE 133C	[O] N/A [C] FastSigns National Accounts, Natasha Nickson

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