The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

18 Sep The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

Posted at 09:24h 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

3601 Kaliste Saloom Road

Type: Multifamily
Price: $16,650,000 ($143,534 / Unit)
Buyer: HIGHLANDS LAFAYETTE LLC THE
Elifin’s Notes: The Highlands at Grand Pointe, a 116-unit apartment complex along Kaliste Saloom, will see a new name and a new owner with its sale to a Texas-based firm

122 Youngsville Hwy

Type: Industrial
Price: $720,000 ($141.29 / SF)
Buyer: ARV DEVELOPMENT LLC
Elifin’s Notes: Industrial property with office and warehouse space sells near the intersection of Youngsville Highway and West Pinhook Road

1921 Kaliste Saloom Rd, Unit 113

Type: Retail
Price: $530,000 (- / SF)
Buyer: AFFINITY PARC LAFAYETTE LLC
Elifin’s Notes: Local investors purchase a condominium unit within the Parc Lafayette complex

110 N Pat St

Type: Industrial
Price: $271,500 ($62.13 / SF)
Buyer: ACADIANA COMFORT SYSTEMS INC
Elifin’s Notes: An industrial warehouse property sells in Scott

204 W Gloria Switch Rd

Type: Land
Price: $260,000 ($4.56 / Land SF)
Buyer: RUBEN PROPERTIES LLC
Elifin’s Notes: The owner of the El Paso Mexican Grill in Carencro purchases the neighboring 1.3+ acres of vacant commercial land

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
5700 JOHNSTON ST	Sign – Wall Sign (C) $6,000.00	N/A	[O] N/A [C] ACADIANA LIGHTING & SIGNS LLC, Andrew Trett
101 CAMINO REAL RD	Addition / Alteration / Repair (C) $0.00	Remodel	[O] N/A [C] N/A
201 Corporate Blvd.	Addition / Alteration / Repair (C) $0.00	Interior renovation of existing office space to create new open office plan. Work includes selective demolition, gypsum board assemblies, acoustical ceiling systems, painting, HVAC revisions, minor plumbing and electrical.	[O] SCP Health, Jeff Gross [C] N/A
5521 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0.00	White box build-out for suite 200 and build-out for suite 300	[O] N/A [C] N/A
109 INDEPENDENCE BLVD	Addition / Alteration / Repair (C) $0.00	Existing Medical Office Building to be re-occupied for medical office use; Minor alterations: add one wall, remove portion of another wall, remove existing urinal	[O] N/A [C] N/A
To be determined	Commercial New Construction $0.00	9 buildings total. 8 Unit buildings and 1 clubhouse. Please see application #1914344 for engineering drawings and specifications.	[O] Innovative Housing, LLC, Victor Smeltz [C] N/A
103 FAIRLANE DR	Electrical Standalone (C) $0.00	GENERAL TO GET UTILITIES ON	[O] N/A [C] N/A
111 ILE DES CANNES RD	Electrical Standalone (C) $0.00	off more than 6mths	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Service Inspection requested by LUS to have meter turned on. (Apt. 226) NOTE FOR INSPECTOR: Electricty is HOT in apartment. LUS states that power should be OFF and meter shows open circuit, but both are incorrect. Checked apartment to ensure proper location marking and it is right. Problem with meter likely causing closed circuit.	[O] N/A [C] N/A
1900 ERASTE LANDRY RD	Electrical Standalone (C) $0.00	THE RACK IS ROTTEN	[O] N/A [C] N/A
151 HIGH MEADOWS BLVD	Electrical Standalone (C) $0.00	Replace bad main breaker. Any questions talk to Greg	[O] N/A [C] N/A
306 ACADIAN HILLS LN	Electrical Standalone (C) $0.00	N/A	[O] RENAISSANCE CHARTER HIGH SCHOOL [C] N/A
505 BERTRAND DR	Mechanical Standalone (C) $0.00	5 TON	[O] N/A [C] ARSEMENT AIR CONDITIONING AND HEATING, L.L.C., ROBERT ARSEMENT
1506 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	Irrigation backflow	[O] N/A [C] THE CUTTING EDGE, SETH VERON
2101 JEFFERSON ST	Plumbing Standalone (C) $0.00	GAS TEST	[O] N/A [C] N/A
403 S BUCHANAN ST	Plumbing Standalone (C) $0.00	Added 2 water meters UNIT A	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
403 S BUCHANAN ST	Plumbing Standalone (C) $0.00	added water meter UNIT B	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
1515 N BERTRAND DR	Plumbing Standalone (C) $0.00	GAS TEST	[O] SOUTHERN PIPE [C] ALL AROUND PLUMBING & SERVICES, BLAINE MENARD

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