The Pulse NOLA: Nursing home in Harvey sells for 5.3mm

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

Commercial Sales Recorded Last Week

2233 8th St, Harvey, LA 70058
2233 8th St, Harvey, LA 70058

Type: Healthcare
Price: $5,320,858
Buyer: 2233 EIGHTH LLC
Elifin’s Notes: The Maison De’ville Nursing Home in Harvey sells to an Indiana-based entity

2941 Royal St, New Orleans, LA 70117
2941 Royal St, New Orleans, LA 70117

Type: Retail
Price: $3,000,000 ($85.76 / SF)
Buyer: Eternal Seeds, Inc
Elifin’s Notes: An entity led by a New Orleans-based visual artist purchases a warehouse space utilized as a large-scale creative art facility

2201 Barataria Blvd, Marrero, LA 70072
2201 Barataria Blvd, Marrero, LA 70072

Type: Retail
Price: $2,600,000 ($131.31 / SF)
Buyer: L&N PLAZA LLC
Elifin’s Notes: Barataria Plaza, a multi-tenant retail strip center, sells along Barataria Boulevard in Marrero

7018 Washington Ave, New Orleans, LA 70125
7018 Washington Ave, New Orleans, LA 70125

Type: Retail
Price: $1,600,000 ($92.96 / SF)
Buyer: K C JANITORIAL LLC
Elifin’s Notes: K C Janitorial LLC purchases a retail showroom and warehouse space in the Gert Town area

4637, 4641 Yale St, Metairie, LA 70006
4637, 4641 Yale St, Metairie, LA 70006

Type: Multifamily
Price: $960,000 ($120,000 / Unit)
Buyer: SACCO SERVICES LLC; SACCO PAUL
Elifin’s Notes: In one of three similar exchanges this past week, a local investor, through two transactions and two different buying actors, purchases a pair of quadraplexes, totaling 8-units, in Metairie

4629, 4633 Yale St, Metairie, LA 70006
4629, 4633 Yale St, Metairie, LA 70006

Type: Multifamily
Price: $960,000 ($120,000 / Unit)
Buyer: SACCO PAUL
Elifin’s Notes: In one of three similar exchanges this past week, a local investor, through two transactions, purchases a pair of quadraplexes, totaling 8-units, in Metairie

4933, 4937 Yale St, Metairie, LA 70006
4933, 4937 Yale St, Metairie, LA 70006

Type: Multifamily
Price: $780,000 ($97,500 / Unit)
Buyer: SACCO SERVICES LLC; SACCO PAUL
Elifin’s Notes: In one of three similar exchanges this past week, a local investor, through two transactions and two different buying actors, purchases a pair of quadraplexes, totaling 8-units, in Metairie

7821 Maple St, New Orleans, LA 70118
7821 Maple St, New Orleans, LA 70118

Type: Mixed-Use
Price: $740,000 ($234.70 / SF)
Buyer: MAPLE 7821 LLC
Elifin’s Notes: A mixed-use property changes hands in the East Carrollton area

530 Veterans Memorial Blvd, Metairie, LA 70005
530 Veterans Memorial Blvd, Metairie, LA 70005

Type: Retail
Price: Withheld
Buyer: VICARI ENTERPRISES LLC
Elifin’s Notes: The retail restaurant property occupied by Fausto’s Bistro changes hands 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
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