Chateaus development purchased by Chicago-based company

The September 2, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $30.4M in disclosed volume. The headline deal: SFR KL MS BORROWER I LLC, Kairos Living, a Chicago-based property management company, paid $23.4M ($209,241/unit) for The Chateaus, a single-family rental home development in Scott. Industrial, land and office properties each accounted for two of the eight sales, as the Carrabba's on Kaliste Saloom Road sold to a California-based property trust for $2.6M and CM Properties of Lafayette acquired an industrial warehouse near Highway 90 for $2M.

By ELIFIN® Source: ELIFIN transaction database

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8Commercial sales recorded
$30.4MDisclosed volume (8 of 8 sales)
$23.4MLargest sale · 727 Malapart Rd
2Industrial sales, the most active type

Commercial Sales Recorded Last Week 8 sales

727 Malapart Rd, Lafayette, LA 70507

727 Malapart Rd

  • Multifamily
  • Lafayette

$23,435,000 $209,241 / unit

Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott.

BuyerSFR KL MS BORROWER I LLC

2010 Kaliste Saloom Rd, Lafayette, LA 70508

2010 Kaliste Saloom Rd

  • Retail
  • Lafayette

$2,595,972 $408.81 / SF

The Carrabba's location on Kaliste Saloom sells to a California-based property trust.

BuyerFCPT HOLDINGS LLC

108 Southpark Rd, Lafayette, LA 70508

108 Southpark Rd

  • Industrial
  • Lafayette

$2,000,000 $52.63 / SF

CM Properties of Lafayette acquires an industrial warehouse property near Highway 90.

BuyerCM PROPERTIES OF LAFAYETTE LLC

200BLK Saint Nazaire Rd, Broussard, LA 70518

200BLK Saint Nazaire Rd

  • Land
  • Broussard

$650,000 $10.68 / Land SF

A vacant commercial parcel sells along Saint Nazaire Road in Broussard.

BuyerGOLDEN STAR PROPERTIES LLC

202 Toledo Dr, Lafayette, LA 70506

202 Toledo Dr

  • Industrial
  • Lafayette

$590,000 $108.14 / SF

An industrial flex property off of Bertrand Drive sells to Stuart Billeaud Properties.

BuyerSTUART BILLEAUD PROPERTIES LLC

117, 119 W Convent St, Lafayette, LA 70501

117, 119 W Convent St

  • Office
  • Lafayette

$475,000 $164.70 / SF

The First Baptist Church of Lafayette purchases an office building along with the adjacent vacant lot at the corner of West Convent Street and South Buchanan Street.

BuyerFIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE

500BLK Renaud Dr, Lafayette, LA 70507

500BLK Renaud Dr

  • Land
  • Lafayette

$450,000 $1.02 / Land SF

A 10.1+ acre parcel of vacant land sells to Renaud Place Townhomes LP.

BuyerRENAUD PLACE TOWNHOMES LP

1017 Lafayette St (Unit B), Lafayette, LA 70501

1017 Lafayette St (Unit B)

  • Office
  • Lafayette

$215,000 $162.08 / SF

An office condominium unit sells in Downtown Lafayette, one block away from the Lafayette Parish Courthouse.

BuyerLEJEUNE MAYEUX PROPERTIES LLC

Commercial Permits Issued Last Week 21 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
100 ARNOULD BLVDAddition / Alteration / Repair (C)$0recover roof systemO N/AC N/A
1706 eraste landry #200Addition / Alteration / Repair (C)$0RENOVATION TO MAKE NEW BREAK ROOMO Michael GalassoC N/A
2007 NW EVANGELINE THWYAddition / Alteration / Repair (C)$0Existing merchantile space with existing tenat is being reduce in size and new tenant space is being created with remainder for MechantileO N/AC N/A
221 RUE DE JEANAddition / Alteration / Repair (C)$0Tenant renovation in existing office buildingO N/AC N/A
6101 JOHNSTON STAddition / Alteration / Repair (C)$0The work primarily consist of HVAC unit replacements, electrical upgrades, and minor Architectural repairs.O N/AC N/A
120 RUE LOUIS XIV, BLDG 2Addition / Alteration / Repair (C)$0THE PROJECT SCOPE INCLUDES THE INTERIOR RENOVATION FOR A NEW RESTROOM WITHIN THE EXISTING CLINIC TO ACCOMODATE THE NEEDS FOR THE CLINIC.O SOUTHERN UROLOGY GROUP, LLC , Mark EldredgeC N/A
201 W SAUL DRAddition / Alteration / Repair (C)$0PARKING LOTO N/AC N/A
292 Mecca St.Culvert/Right of Way(C)$0SubsurfaceO N/AC N/A
303 Chemin Metarie RdCulvert/Right of Way(C)$0SUBSURFACE AND CHANGE OUT DRIVEWAYSO N/AC N/A
406 HERBERT RDElectrical Standalone (C)$0Service Change Out. Replacing a 4 meter bank center.O N/AC N/A
923 HARDING STElectrical Standalone (C)$0I have my temporary CO but was told I need an electrical inspection. All that is needed is for the lights and A/C to be on so I can show the property as the leasing agent.O N/AC N/A
300 I-B STGenerator (C)$0Gas line for generatorO N/AC PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
128 CURRAN LNMechanical Standalone (C)$0Install new 15-ton package unit to facility.O N/AC AIR PLUS L.L.C., LYLE GUIDRY
235 DOUCET RDMechanical Standalone (C)$0Replace three existing 5 ton condensing units. Install two new dehumidifiers. Repair existing kitchen duct work. Install new Daikin split system DOAS unit to help put the building back into a positive pressure. Add receptacles/GFCIs, install light fixtures & fans, install switches & dimmersO N/AC JH REFRIGERATION LLC ALL TEMP REFRIGERATION, RYAN JAEGER
204 S WILLIAM DRPlumbing Standalone (C)$0Gas test.O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
2807 KALISTE SALOOM RDSign – Freestanding (C)$0N/AO N/AC N/A
2865 AMBASSADOR CAFFERY PKWYSign – Wall Sign (C)$0N/AO N/AC N/A
2310 W PINHOOK RDSign – Wall Sign (C)$0N/AO N/AC N/A
121 MATRIX LOOPSign – Wall Sign (C)$0N/AO N/AC N/A
2851 JOHNSTON STSign – Wall Sign (C)$0N/AO N/AC N/A
1300 CAMELLIA BLVDSign – Wall Sign (C)$0N/AO N/AC N/A
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