The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

1315 Southlawn Blvd, New Orleans, LA 70114

Type: Multifamily
Price: $4,100,000 ($53,947 / Unit)
Buyer: PG REALTY PRO LLC
Elifin’s Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank

5212 South Claiborne Ave, New Orleans, LA 70115
5212 South Claiborne Ave, New Orleans, LA 70115

Type: Specialty
Price: $1,920,000 ($136.32 / SF)
Buyer: CHURCH OF THE RESURRECTION
Elifin’s Notes: The First Unitarian Universalist Church property sells at Jefferson and South Claiborne Avenues

837 Camp St, New Orleans, LA 70130
837 Camp St, New Orleans, LA 70130

Type: Land
Price: $475,700 ($64.24 / Land SF)
Buyer: CAMP STREET GALLERY LLC
Elifin’s Notes: Camp Street Gallery LLC purchases the land, currently used as a parking lot, neighboring their property on Camp Street in the Warehouse District

701 Westbank Expy, Gretna, LA 70053
701 Westbank Expy, Gretna, LA 70053

Type: Retail
Price: $350,000 ($175.00 / SF)
Buyer: RJHALE PROPERTY LLC
Elifin’s Notes: An auto sales property sells along the Westbank Expressway in Gretna

7518 Chef Menteur Hwy, New Orleans, LA 70126
7518 Chef Menteur Hwy, New Orleans, LA 70126

Type: Industrial
Price: $255,400 ($37.32 / SF)
Buyer: TILLMAN PROFESSIONAL AUTOMOTIVE SERVICES LLC
Elifin’s Notes: Tillman Professional Auto Services purchases their location along Chef Menteur Highway

2955 Ridgelake Dr, Units 116, 117, Metairie, LA 70002
2955 Ridgelake Dr, Units 116, 117, Metairie, LA 70002

Type: Office
Price: $190,000 ($133.33 / SF)
Buyer: SHEILA CAVANAUGH BUILDING LLC
Elifin’s Notes: An office condominium changes hands on Ridgelake Drive in Metairie

3052 Louisiana Hwy 1, Grand Isle, LA 70358
3052 Louisiana Hwy 1, Grand Isle, LA 70358

Type: Retail
Price: $115,000 ($103.14 / SF)
Buyer: NASTABORSKA ANNA K
Elifin’s Notes: A retail space changes hands along Highway 1 in Grand Isle

2805 Athania Pkwy, Metairie, LA 70002
2805 Athania Pkwy, Metairie, LA 70002

Type: Office
Price: Withheld
Buyer: EMERALD PROPERTY INVESTMENTS LLC
Elifin’s Notes: An office property sells along Athania Parkway in Metairie


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 $300,000. 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
No Comments

Post A Comment