25 Aug The Pulse LFT: Brooklyn-based entity purchases single-family portfolio

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

Commercial Sales Recorded Last Week

1555 W Willow St, Scott, LA 70583

Type: Specialty
Price: $600,000 ($40.14 / SF)
Buyer: EMBASSY BIBLE FELLOWSHIP
Elifin’s Notes: Embassy Bible Fellowship, a Louisiana non-profit, acquires a religious facility on West Willow Street.

206 Jacobs Run, Scott, LA 70583

Type: Industrial
Price: $381,500 ($95.38 / SF)
Buyer: YBOS MARKETING LLC
Elifin’s Notes: YBOS Marketing LLC acquires an industrial property on Jacobs Run.

103 Greentree Dr;
600 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Mixed-Use
Price: $265,000 ($113.73 / SF)
Buyer: GREENTREE KALISTE HOUSE LLC
Elifin’s Notes: An residential property along with a 0.2+ acre lot zoned for commercial development sells across from the U-Haul Moving and Storage on Kaliste Saloom Road.

Tract A-2-B-2 Cason Rd, Broussard, LA 70518

Type: Land
Price: $106,722 ($2.45 / Land SF)
Buyer: HOLBERT STEEL OF LOUISIANA LLC
Elifin’s Notes: Holbert Steel purchases an acre of vacant land at the rear of their facility in Broussard.

101 Elliott Dr, Lafayette, LA 70501

Type: Multifamily
Price: Withheld
Buyer: BEAU ESTATES LA LLC
Elifin’s Notes: A Brooklyn-based entity purchases a 26-unit single family development off of Willow Street.

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.