The Pulse LFT: Chateau Lafayette Apartments sold

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

Commercial Sales Recorded Last Week

100 Blk N Eola Rd, Broussard, LA 70518
100 Blk N Eola Rd, Broussard, LA 70518

Type: Land
Price: $3,049,490 ($0.93 / Land SF)
Buyer: EOLA PLACE DEVELOPMENT LLC
Elifin’s Notes: A 75+ acre parcel of land sells on North Eola Road in Broussard, east of U.S. 90.

124 Jomela Dr, Lafayette, LA 70503
124 Jomela Dr, Lafayette, LA 70503

Type: Multifamily
Price: $2,000,000 ($33,333 / Unit)
Buyer: 124 JOMELA LLC
Elifin’s Notes: The Chateau Lafayette Apartments, a 60-unit multifamily complex built in 1965 off Pinhook Road, changes ownership. The property is one of Lafayette’s older apartment communities, located near UL’s campus.

101, 204 Larimer St, Lafayette, LA 70506
101, 204 Larimer St, Lafayette, LA 70506

Type: Multifamily
Price: $308,000 ($38,500 / Unit)
Buyer: BLUE KEY PROPERTIES LLC
Elifin’s Notes: A pair of quadraplexes sell through two separate transactions in the Ile Des Cannes subdivision in the Scott area. This is one of two similar quadraplex package sales in Ile Des Cannes this week — the other, on Windward Street, went to a different buyer at a comparable price point.

1308 Moss St, Lafayette, LA 70501
1308 Moss St, Lafayette, LA 70501

Type: Retail
Price: $297,250 ($53.62 / SF)
Buyer: AMBER NICHOLE INVESTMENTS LLC
Elifin’s Notes: The former Bayou State Pawn & Jewelry #2 location at the corner of Moss Street and Sherwood Drive in Upper Lafayette changes hands.

105, 205 Windward St, Lafayette, LA 70506
105, 205 Windward St, Lafayette, LA 70506

Type: Multifamily
Price: $293,000 ($36,625 / Unit)
Buyer: ALOISIO INVESTMENTS LLC
Elifin’s Notes: A pair of quadraplexes in the Ile Des Cannes subdivision in the Scott area sells, the second of two similar package sales in the subdivision this week. The other pair, on nearby Larimer Street, sold to a different buyer.


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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