08 May The Pulse LFT: Holiday Village Mobile Home Park sells
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
2808 W Pinhook Rd
Type: Multifamily
Price: $2,500,000 ($48,076.92 / Unit)
Buyer: LAFAYETTE MHP LLC
Elifin’s Notes: New York-based entity purchases the 52-unit Holiday Village Mobile Home Park sitting on 10.894 acres near the intersection of Verot and Pinhook
112 Guernsey Ln
Type: Industrial
Price: $1,200,000 ($93.17 / SF)
Buyer: TKSM HOLDINGS LLC
Elifin’s Notes: Broussard-based investor purchases a corner industrial lot with two warehouse-distribution type buildings in the U.B. Landry Industrial Park in Youngsville
101 Sugarland Rd
Type: Industrial
Price: $857,000 ($88.83 / SF)
Buyer: 101 SUGARLAND LLC
Elifin’s Notes: Lafayette area investor purchases an industrial property within the Sugarland Business Park in Broussard
4220 Ambassador Caffery Pkwy
Type: Land
Price: $787,347 ($18.75 / Land SF)
Buyer: HDC 3073 LAFAYETTE PARTNERS LIMITED PARTNERSHIP
Elifin’s Notes: Houston-based entity purchases 0.964 acres of vacant commercial land along Ambassador Caffery between Saloom Farm Road/the River and Settlers Trace Boulevard
Apollo Rd__33.7 acres
Type: Land
Price: $665,688 ($0.45 / Land SF)
Buyer: WEST VILLAGE LLC
Elifin’s Notes: Local developer purchases a total of 33.7 acres of vacant land across three separate tracts within the same area in Scott
901 Lamar St
Type: Multifamily
Price: $515,000 ($85,833.33 / Unit)
Buyer: BOUDREAUX CAPITAL LLC
Elifin’s Notes: Youngsville-based entity purchases a 6-unit multifamily property on Lamar Street three blocks off of UL’s campus
912 Rue du Belier Tract 2
Type: Land
Price: $270,000 ($1.83 / Land SF)
Buyer: FAMILY PROPERTIES LLC
Elifin’s Notes: Texas-based entity purchases 3.385 acres of land with a pre-existing single family home on Rue du Belier between West Congress and Ridge Road
719 Coolidge St
Type: Office
Price: $204,000 ($122.60 / SF)
Buyer: VALE REAL ESTATE INVESTMENTS LLC
Elifin’s Notes: Local entity purchases a small office property on Coolidge Street and bound by East Saint Mary and West Pinhook
108 Arabian Dr
Type: Retail
Price: $152,665 ($50.89 / SF)
Buyer: RANIC INVESTMENTS LLC
Elifin’s Notes: Church Point-based entity purchases a flex commercial property currently used as a sports/dance studio with office space in the Carencro Industrial Park
2300 BLK Tract 6-A Ridge Rd
Type: Land
Price: $151,000 ($0.30 / Land SF)
Buyer: PHOEBE MUELLER IRREVOCABLE ASSET TRUST FBO DANIEL R WILCOX
Elifin’s Notes: South Carolina-based trust purchases 11.42 acres of vacant land along Ridge Road in Duson
212 N Chestnut St
Type: Retail
Price: $150,000 ($66.96 / SF)
Buyer: SILAS, DEBORAH ARCENEAUX
Elifin’s Notes: Local investor purchases a retail property located between 2nd and 3rd street, a block before Evangeline Thruway
108 William O Stutes St
Type: Land
Price: $129,000 ($3.53 / Land SF)
Buyer: LIN, CHUNJIANG
Elifin’s Notes: Local investor purchases a 0.838 acre vacant commercial parcel of land adjacent to the Sam’s Club on Ambassador Caffery
Commercial Permits Issued Last Week
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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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