The Pulse LFT: Newly constructed multifamily complex sells

24 Mar The Pulse LFT: Newly constructed multifamily complex sells

Posted at 09:09h 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

508 E Main St, Broussard, LA 70518

Type: Multifamily
Price: $1,222,500 ($152,813 / Unit)
Buyer: DMCC HOLDINGS LLC
Elifin’s Notes: DMCC Holdings LLC acquires a newly constructed 8-unit, 2BR/2BA, townhome property in Broussard.

300 Rue Beauregard Rd (Unit I), Lafayette, LA 70508

Type: Office
Price: $865,000 ($221.17 / SF)
Buyer: STRONGHOLD GROUP LLC
Elifin’s Notes: An office property changes ownership within the Beauregard Office Park off of Kaliste Saloom Road.

311 Wall St, Lafayette, LA 70506

Type: Industrial
Price: $480,000 ($55.42 / SF)
Buyer: HTG INVESTMENTS LLC
Elifin’s Notes: HTG Investments LLC purchases an industrial property on Wall Street.

1501 La Neuville Rd, Lafayette, LA 70508

Type: Land
Price: $270,000 ($4.30 / Land SF)
Buyer: HAN HOLDINGS LLC
Elifin’s Notes: A 1.4+ acre parcel of land sells off of Ambassador Caffery Parkway.

112 Bertrand Dr, Lafayette, LA 70506

Type: Retail
Price: $250,000 ($50.83 / SF)
Buyer: VALENTIN FAMILY INVESTMENTS LLC
Elifin’s Notes: Valentin Family Investments LLC acquires an auto repair property off of Johnston Street on Bertrand Drive.

721 E Pont Des Mouton Rd, Lafayette, LA 70507

Type: Industrial
Price: $220,500 ($20.38 / SF)
Buyer: HAMCO VENTURES LLC
Elifin’s Notes: An industrial property sells along East Pont Des Mouton Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3521 W PINHOOK RD	Reroof (C) $37,600	Tear off the current existing roof down to the decking and dispose of the materials. Overlay the existing decking with (2) layers of ISO, mechanically attached. Overlay the ISO with 60 mil Duro Last Membrane, mechanically attached. Provide parapet wall membrane up and over. Provide custom curbs and stack flashings, where required. Install custom pitch pans, if necessary. Terminate with 1 3/4″ fascia bar and cover	[O] N/A [C] Bayou Roofing and Mechanical Services, LLC, James R. McBride
6136 JOHNSTON ST	Addition / Alteration / Repair (C) $0	Replace old refrigeration condensers with new condensers. This will result in adding new I-beam with standing leg foundations for all 3 condensers, actions to install beams through fabrication of structural foundations. Welding and bolting actions required to build and install foundations.	[O] N/A [C] N/A
2333 W PINHOOK RD	Addition / Alteration / Repair (C) $0	Cosmetic interior remodeling including new flooring installation, paint as well as check out/cashier counter window installation.	[O] N/A [C] N/A
1901 ERASTE LANDRY RD	Addition / Alteration / Repair (C) $0	Leasing office remodel	[O] N/A [C] N/A
401 RANCH RD #D	Commercial New Construction $0	Construct cell tower, install antennas and cable, lay concrete pad to support diesel generator and install walk-up cabinet	[O] N/A [C] N/A
103 ROW 1	Demo (C) $0	B OK ERIC TO SELL PERMIT HE TALKED WITH CUSTOMER AND INFORMED HIM THAT IF THERE IS CONSTRUCTION FOR FUTURE A BUILDING PERMIT WILL HAVE TO GO THROUGH A COMMERCIAL REVIEW. @ 1:29 3/20/25	[O] N/A [C] N/A
1509 MOSS ST	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
3019 NW EVANGELINE THWY	Electrical Standalone (C) $0	OFF MORE THAN 6MTHS	[O] N/A [C] N/A
402 MECCA DR	Electrical Standalone (C) $0	Repair Meter Base	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
411 WOODVALE AVE	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
2107 CARMEL DR	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
108 W MILTON AVE	Electrical Standalone (C) $0	GENERAL FOR LIGHTS	[O] SELF, JULES HEBERT [C] SELF, JULES HEBERT
210 PRODUCTION DR	Electrical Standalone (C) $0	Clean and show to potential commercial tenant Dr Ste 103	[O] N/A [C] N/A
432 NORTHERN DANCER DR #A	Electrical Standalone (C) $0	New 100 Amp Service for pond pump.	[O] N/A [C] N/A
200 BLUSHING GROOM DR #A	Electrical Standalone (C) $0	New 100 Amp Service for pond pump.	[O] N/A [C] N/A
300 YOUNGSVILLE HWY	Electrical Standalone (C) $0	N/A	[O] Nora’s Sweets Shop, Charlotte Alexander [C] Nora’s Sweets Shop, Charlotte Alexander
748 MALAPART RD #44	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
112 BERTRAND DR	Electrical Standalone (C) $0	GENERAL FOR LIGHTS	[O] N/A [C] N/A
3225 LOUISIANA AVE	Mechanical Standalone (C) $0	Retail store	[O] N/A [C] AES MECHANICAL SERVICES GROUP, INC, MICHAEL FOWLER
1000 RENAUD DR #76	Plumbing Standalone (C) $0	Water	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
1308 BERTRAND DR	Plumbing Standalone (C) $0	N/A	[O] N/A [C] JUDICE SERVICES INC, GRANT GONDRON
1602 W PINHOOK RD	Plumbing Standalone (C) $0	Installed backflow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
850 KALISTE SALOOM RD	Plumbing Standalone (C) $0	Installed Backflow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
1509 MOSS ST	Plumbing Standalone (C) $0	OFF MORE THAN 5 YEARS	[O] N/A [C] N/A
300 TOWN CENTER PKWY	Plumbing Standalone (C) $0	Gas Inspection Permit	[O] N/A [C] BABINEAUX PLUMBING INC, BABINEAUX RODNEY J
3826 MOSS ST	Plumbing Standalone (C) $0	Replaced backflow. Needs inspection	[O] N/A [C] ACE PLUMBING INC, BRYAN A. TABOR
2213 KALISTE SALOOM RD	Plumbing Standalone (C) $0	New backflow install for Take 5.	[O] N/A [C] HARGRAVE’S PLUMBING LLC, TRAVIS HARGRAVE
1927 W UNIVERSITY AVE	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
122 SOUTHPARK RD	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
2301 JOHNSTON ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
5711 JOHNSTON ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1524 S COLLEGE RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1518 South College Drive	Sign – Wall Sign (C) $0	N/A	[O] Vinno Wine & Liquor, Maitri Bhakta [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.

Elifin Realty

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