The Pulse LFT: Two mobile home parks change hands

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

Commercial Sales Recorded Last Week

301, 305 Malapart Rd, Lafayette, LA 70507
301, 305 Malapart Rd, Lafayette, LA 70507

Type: Retail
Price: $950,000 ($152.81 / SF)
Buyer: INSURANCE AUTO AUCTIONS CORP
Elifin’s Notes: An auto auction property changes hands on Malapart Road.

840 Jenkins Rd, Duson, LA 70529
840 Jenkins Rd, Duson, LA 70529

Type: Multifamily
Price: $875,000 ($39,773 / Unit)
Buyer: LT ENTERPRISES LLC
Elifin’s Notes: LT Enterprises acquires a 22-unit mobile home park on Jenkins Road.

819 E Simcoe St, Lafayette, LA 70501
819 E Simcoe St, Lafayette, LA 70501

Type: Retail
Price: $400,000 ($26.67 / SF)
Buyer: HARVEST CENTER CHURCH THE
Elifin’s Notes: The Harvest Center Church purchases a retail property on East Simcoe Street.

3825 N University Ave, Carencro, LA 70520
3825 N University Ave, Carencro, LA 70520

Type: Office
Price: $272,500 ($97.85 / SF)
Buyer: NEWPIE INVESTMENT GROUP LLC
Elifin’s Notes: Newpie Investment Group purchases a commercial property along North University Avenue in Carencro.

100, 118 Aimee Dr, Carencro, LA 70520
100, 118 Aimee Dr, Carencro, LA 70520

Type: Multifamily
Price: $180,000 ($15,000 / Unit)
Buyer: CARENCRO INVESTMENTS LLC
Elifin’s Notes: An 11-unit mobile home park with a single family residence sells on Aimee 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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