The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

11 Dec The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

Posted at 08:48h 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

1015 W Pinhook Rd, Lafayette, LA 70503

Type: Hospitality
Price: $2,275,000 ($45,500 / Unit)
Buyer: OM SHANTI OM ELEVEN LLC
Elifin’s Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center

8500BLK Cameron St, Duson, LA 70529

Type: Land
Price: $1,018,300 ($0.12 / Land SF)
Buyer: MORSAM PROPERTIES LLC
Elifin’s Notes: A Louisiana-based entity purchases 200+ acres of vacant land located right next to Duson.

319 Renaud Dr, Lafayette, LA 70507

Type: Industrial
Price: $950,000 ($27.14 / SF)
Buyer: BA STUTES REAL ESTATE LLC
Elifin’s Notes: Local company purchases an industrial space across three parcels along Renaud Drive on the Northside of Lafayette

2114 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Land
Price: $950,000 ($2.01 / Land SF)
Buyer: PETITE ROCHE AMBASSADOR LLC
Elifin’s Notes: Local investor purchases 10+ acres of vacant commercial land along Ambassador Caffery near Dulles Drive

2104 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Land
Price: $898,997 ($11.00 / Land SF)
Buyer: APOTHECARY HOLDINGS OF NEW IBERIA LLC
Elifin’s Notes: A parcel of vacant commercial land, 1.8+ acres, changes hands along Ambassador Caffery near Dulles Drive

715 Vatican Rd, Carencro, LA 70520

Type: Industrial
Price: $850,000 ($60.71 / SF)
Buyer: EVCO GROUP LLC
Elifin’s Notes: A 14,000 square foot industrial building sitting on 11+ acres of land sells in Carencro

126 Southcity Pkwy, Lafayette, LA 70503

Type: Land
Price: $801,410 ($6.18 / Land SF)
Buyer: ASHLAND PLANTATION LLC
Elifin’s Notes: Local investor purchases 2.9+ acres of vacant commercial land along Southcity Parkway

921 Apollo Rd, Scott, LA 70583

Type: Land
Price: $308,030 ($10.00 / Land SF)
Buyer: AMERICAN BANK & TRUST COMPANY
Elifin’s Notes: American Bank & Trust Company purchases an 0.7+ acre parcel of vacant commercial land along Apollo Road in Scott

109 E St Peter St, Carencro, LA 70520

Type: Office
Price: $122,500 ($91.62 / SF)
Buyer: BREAUX, BRYAN MASON
Elifin’s Notes: Local individual purchases a house-converted commercial property in Carencro

1901 Carmel Dr, Lafayette, LA 70501

Type: Retail
Price: $110,000
Buyer: GAP KINGS RACING & AUTO SALES LLC
Elifin’s Notes: Gap Kings Racing & Auto Sales LLC purchases an auto sales property along Carmel Drive

3201 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Multifamily
Price: Withheld
Buyer: SUMMERWOOD MOBILE HOME PARK LLC
Elifin’s Notes: A California-based entity purchases the Summerwood Mobile Home Park near the intersection of East Peck Boulevard and Kaliste Saloom Road

400 Polly Lane, Lafayette, LA 70508

Type: Healthcare
Price: Withheld
Buyer: 400 POLLY LANE LANDLORD LLC
Elifin’s Notes: Ohio-based company purchases The Blake Senior Living property

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2512 KALISTE SALOOM RD	Demo (C) 18000	TEMP CO # 39200	[O] N/A [C] CLARK AND WILKINS LLP
2804 NE EVANGELINE THWY	Sign – Wall Sign (C) 11190	N/A	[O] N/A [C] Thunderbolt signs, Cassie White
2130 W WILLOW ST	Sign – Wall Sign (C) 10481	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
200 ALCIDE DOMINIQUE DR	Sign – Freestanding (C) 10476	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
3527 W PINHOOK RD	Addition / Alteration / Repair (C) 0	AN INTERIOR AND EXTERIOR RENOVATION TO AN EXISTING BANK THAT CONSISTS OF NEW INTERIOR PARTITIONS, FINISHES, AND AN UPDATED FAÇADE. THE EXISTING STUCCO IS TO BE REMOVED FOR NEW FIBER CEMENT SIDING AND BRICK BASE AROUND THE ENTIRETY OF THE BUILDING.	[O] N/A [C] N/A
2824 CAMERON ST	Addition / Alteration / Repair (C) 0	Dig and pour concrete footings, erect T-Shed style pre-engineered metal building	[O] N/A [C] N/A
3200 NE EVANGELINE THWY	Addition / Alteration / Repair (C) 0	Build out of this current to be converted into a medical dental office	[O] N/A [C] N/A
4400 NE EVANGELINE THWY	Addition / Alteration / Repair (C) 0	Install HUD home for office use, update well, update/install septic system, install limestone drive and parking	[O] N/A [C] N/A
4701 Ambassador Caffery Bldg. B, Suite E Parkway	Addition / Alteration / Repair (C) 0	First tenant to improve this space. Work includes concrete slab repair (at leave out) interior non-rated partitions, doors, millwork, finishes, HVAC, Plumbing, Electric power and lighting.	[O] Manuel Commercial, Jacques Manuel [C] N/A
7731 JOHNSTON ST	Commercial New Construction 0	New metal building facility along with a 20′ concrete apron on three sides and a limestone storage yard.	[O] N/A [C] N/A
318 GUILBEAU RD	Demo (C) 0	N/A	[O] LITTLE, LAFAYETTE PEOPLE’S HEALTH [C] Gleason Ledet Construction LLC, Ben Joseph Ledet
2011 NW EVANGELINE THWY	Electrical Standalone (C) 0	MY UNDERSTANDING GENERAL INSPECTION. LEFT MESSAGE FRIDAY NO RETURN CALL.	[O] N/A [C] N/A
305 VIEUX ORLEANS CIR	Electrical Standalone (C) 0	Dormant unit, applying for new account with LUS UNIT B	[O] N/A [C] N/A
3366 VEROT SCHOOL RD	Electrical Standalone (C) 0	over 6 months of electricity not being on. Need an electrical inspection as soon as possible to turn on electricity to finish other inspections and permits.	[O] N/A [C] N/A
104 WESTWOOD DR	Electrical Standalone (C) 0	Change out electrical panel in Apt. #463, Building #26	[O] N/A [C] N/A
102 WESTWOOD DR	Electrical Standalone (C) 0	Change out electrical panel in Apt. #319, Building #27	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) 0	Change out electrical panel in Apt. #565, Building #37	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) 0	Change out electrical panel in Apt. #604, Building #41	[O] N/A [C] N/A
3028 NE EVANGELINE THWY	Electrical Standalone (C) 0	INCREASING ELE SERVICE	[O] N/A [C] N/A
217 LANA DR	Electrical Standalone (C) 0	The utilities in Apt. #2 have been off for over 6 months. I need an inspection to get LUS to turn on the utilities.	[O] N/A [C] N/A
218 RUE LOUIS XIV	Electrical Standalone (C) 0	OFF MORE THAN 6 MONTHS	[O] N/A [C] N/A
404 KNOLLWOOD CIR #A	Electrical Standalone (C) 0	Apartments A & B are needing the service entrance wire changed out. cabinet will need to be unlocked and power will need to be disconnected by LUS to pull in new wire and then inspection will be needed	[O] N/A [C] N/A
4111½ CAMERON ST	Electrical Standalone (C) 0	GENERAL FOR LITES Storage	[O] N/A [C] N/A
406 GARFIELD ST	Plumbing Standalone (C) 0	RECONNECTED SINKS IN EXISTING KITCHEN	[O] N/A [C] JOHN’S PLUMBING SERVICE LLC, JOHN “BRADY” MAY
4533 JOHNSTON ST #100	Plumbing Standalone (C) 0	Water meter to dumpster 100	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4533 JOHNSTON ST #200	Plumbing Standalone (C) 0	Water for dumpster 200	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4533 JOHNSTON ST	Plumbing Standalone (C) 0	Water for dumpster 900	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
3145 AMBASSADOR CAFFERY PKWY	Sign – Freestanding (C) 0	N/A	[O] N/A [C] N/A
914 W PONT DES MOUTON RD	Sign – Freestanding (C) 0	N/A	[O] N/A [C] N/A
200 FEU FOLLET RD	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A
4533 JOHNSTON ST	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A

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.

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