The Pulse LFT: Lamar Apartments sell near UL

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

Commercial Sales Recorded Last Week

1407 General Mouton Ave, Lafayette, LA 70501
1407 General Mouton Ave, Lafayette, LA 70501

Type: Industrial
Price: $675,000 ($73.83 / SF)
Buyer: LAFAYETTE PROPERTY HOLDINGS LLC
Elifin’s Notes: Lafayette Property Holdings acquires an industrial property near University Avenue.

901 Lamar St, Lafayette, LA 70501
901 Lamar St, Lafayette, LA 70501

Type: Multifamily
Price: $555,000 ($92,500 / Unit)
Buyer: ACADIANA OUTREACH CENTER INC
Elifin’s Notes: Acadiana Outreach Center, Inc. acquires the Lamar Apartments, a 6-unit multifamily property on Lamar Street, just three blocks off of UL’s campus.

120 Toledo Dr, Lafayette, LA 70506
120 Toledo Dr, Lafayette, LA 70506

Type: Industrial
Price: $380,000 ($76.00 / SF)
Buyer: THAMES GROUP LLC
Elifin’s Notes: An industrial property changes ownership behind the US Post Office on Bertrand Drive.

5.113 Acres Dulles Dr, Lafayette, LA 70506
5.113 Acres Dulles Dr, Lafayette, LA 70506

Type: Land
Price: Withheld
Buyer: SINGH SIGNATURE STORES INC
Elifin’s Notes: A 5+ acre tract of vacant land sells on Dulles Drive.


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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