The Axis Lafayette apartments on Theater Street sell
The July 17, 2023 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $12.6M in disclosed volume. The headline deal: ACADIA BEND LLC, an Alabama-based entity, paid $11M ($20,897/unit) for The Axis Lafayette apartment complex on Theater Street near Cajun Field. Multifamily and land each made up two of the seven sales, while a retail condominium unit in the Parc Lafayette complex sold for $481K and a religious facility in Duson sold to FIRST CHURCH OF OUR LORD JESUS CHRIST INC for $240K.
Commercial Sales Recorded Last Week 7 sales
200 Theater St
$10,950,000 $20,897 / unit
The Axis Lafayette, apartment complex, sells to an Alabama-based entity for $10.95 MM near Cajun Field off of Theater Street, named for the once famous Westwood Theater
BuyerACADIA BEND LLC
1921 Kaliste Saloom Rd, Suite 124
$481,000 $275.80 / SF
Business purchases a retail condominium unit within the Parc Lafayette complex
BuyerCAROLINES COOKIES PARC LAFAYETTE PROPERTY HOLDING COMPANY LLC
206 Rue Royale
$330,000 $41,250 / unit
Investor purchases two quadraplexes, totaling 8 multifamily units, in the off of East Pont Des Mouton Road
BuyerTN REAL ESTATE INVESTMENTS LLC
516 La Flamme Rd
$275,000 $2.39 / Land SF
Investor purchases 2.6+ acres of industrial development site land in Broussard
BuyerLA FLAMME RD LLC
8827 Cameron St
$240,000 $26.65 / SF
A special purpose religious facility property sells in Duson
BuyerFIRST CHURCH OF OUR LORD JESUS CHRIST INC
207 N Luke St
$185,500 $147.11 / SF
An individual investor purchases an office property, in an industrial area, between Eraste Landry Road and Ambassador Caffery Parkway
BuyerDETRAZ HOLDING COMPANY LLC
116 Rue du Belier
$175,000 $2.01 / Land SF
Entity purchases 2 acres of vacant land along Rue Du Belier in Scott
BuyerFAMILY WEI LLC
Commercial Permits Issued Last Week 36 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 113 BORMAN DR | Addition / Alteration / Repair (C) | $0 | A BUILDING IS BEING DEMOLISH AND A DRIVE IS BEING ADDED TO THE PROPERTY, NO STRUCTURES ARE BEING BUILT | O N/AC N/A |
| 4710 JOHNSTON ST | Addition / Alteration / Repair (C) | $0 | N/A | O N/AC N/A |
| 731 JEFFERSON ST | Addition / Alteration / Repair (C) | $0 | Existing Historic Building was permitted as a shell space two years ago. This permit is now for the Interior Renovation. | O N/AC N/A |
| 4325 NW EVANGELINE THWY | Commercial New Construction | $0 | N/A | O N/AC N/A |
| 111 VIEUX ORLEANS CIR | Electrical Standalone (C) | $0 | Apartments Section 8. fire damage in kitchen. replacing affected circuit wiring for stove and stove hood light. updating to current code requirements as necessary | O N/AC N/A |
| 406 E MARTIAL AVE | Electrical Standalone (C) | $0 | Re-pull underground electrical service cable | O N/AC N/A |
| 2849 NW EVANGELINE THWY | Electrical Standalone (C) | $0 | Dish Wireless LLC proposes to add (3) antennas to existing cell tower and ground work within existing lease area. NO change to tower height. | O N/AC N/A |
| 102 WESTWOOD DR | Electrical Standalone (C) | $0 | Change out electrical panel in Apt #311, Building #28 | O N/AC N/A |
| 220 WILKIE ST | Electrical Standalone (C) | $0 | Change out electrical panel in Apt #785, Building #15 | O N/AC N/A |
| 3237 KALISTE SALOOM RD | Electrical Standalone (C) | $0 | We are replacing the broken underground wire from the LUS power to the building meter. No work on building This building has had no power for several months. | O N/AC N/A |
| 1717 ERASTE LANDRY RD #29 | Electrical Standalone (C) | $0 | Changing out the service | O N/AC N/A |
| 3809 JOHNSTON ST | Electrical Standalone (C) | $0 | DISCONNECTING & REPLACING A/C UNITS | O LA FONDAC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on Apt. 117 BLDG T | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (Apt. 154) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (apt. 225) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (apt. 156) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (Apt. 155) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (apt. 177) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (apt. 180) | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been off for more than six months and we need inspection to get power turned back on (apt. 207) | O N/AC N/A |
| 230 JENKINS RD #73 | Electrical Standalone (C) | $0 | Trailer power pole inspection at Lot #73 POLE ONLY THIS IS FOR A COMMERICAL POLE ONLY SYSTEM IS NOT ALLOWING ME TO CHANGE PROJECT DETAILS. | O N/AC N/A |
| 1304 BERTRAND DR | Electrical Standalone (C) | $0 | vacant for over six months | O N/AC N/A |
| 1304 BERTRAND DR | Electrical Standalone (C) | $0 | Office Space / without power over 6 months | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Service inspection needed to have meter turned on by LUS. Unit 135 | O N/AC N/A |
| 200 MERCHANTS BLVD | Electrical Standalone (C) | $0 | Meter has been shut off for more than 6 months and we need inspection to turn power back on (apt. 136) | O N/AC N/A |
| 3809 JOHNSTON ST | Mechanical Standalone (C) | $0 | REINSTALL UNITS ON ROOF | O N/AC TRAHAN & SONS LLC, BROC TRAHAN |
| 2426 LA 93 | Plumbing Standalone (C) | $0 | WATER OK PER DAVID CLOTEAUX | O N/AC N/A |
| 504 INDUSTRIAL PKWY | Plumbing Standalone (C) | $0 | Water Service | O N/AC AUCOIN'S PLUMBING SERVICES LLC, DEREK ACOIN |
| 504 INDUSTRIAL PKWY | Plumbing Standalone (C) | $0 | Back Flow | O N/AC AUCOIN'S PLUMBING SERVICES LLC, DEREK ACOIN |
| 1200 E SIMCOE ST | Plumbing Standalone (C) | $0 | N/A | O SOUL CUISINE RESTAURANTC JAMIE GUIDRY PLUMBING, LLC, JAMIE GUIDRY |
| 2008 ERASTE LANDRY RD | Plumbing Standalone (C) | $0 | BACKFLOW PREVENTOR | O ARC OF ACADIANAC MR ROOTER OF LAF DBA DW PLB LLC, DON G WILLIAMS JR |
| 401 GALBERT RD | Plumbing Standalone (C) | $0 | BACKFLOW PREVENTOR | O N/AC MR ROOTER OF LAF DBA DW PLB LLC, DON G WILLIAMS JR |
| 302 TOWN CENTER PKWY | Plumbing Standalone (C) | $0 | INSTALLING 2 ADDITIONAL LAVATORIES AND AN ABOVE GROUND LIFT PUMP | O N/AC BABINEAUX PLUMBING INC, BABINEAUX RODNEY J |
| 1840 W WILLOW ST | Plumbing Standalone (C) | $0 | Remove a split irrigation backflow and install a new backflow. | O N/AC SOUTHERN BACKFLOW INSPECTIONS LLC, JOHN PERROT |
| 117 WESTMARK BLVD | Plumbing Standalone (C) | $0 | Water line for oven | O N/AC AUCOIN'S PLUMBING SERVICES LLC, DEREK ACOIN |
| 3302 Johnston Street STE. A & B | Sign – Wall Sign (C) | $0 | N/A | O Institute of Divine Metaphysical Research, Quentin GumbsC N/A |