The Pulse NOLA: Office property on Camp Street sells for 5.5 million

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

Commercial Sales Recorded Last Week

700 Camp St
700 Camp St

Type: Office
Price: $5,500,000 ($141.83 / SF)
Buyer: R&M PROPERTIES 700 CAMP STREET LLC
Elifin’s Notes: A two building office property with accompanying parking and storage space sells in the CBD area

2915-2929 Dryades St
2915-2929 Dryades St

Type: Multifamily
Price: $1,500,000 ($187,500 / Unit)
Buyer: ECE VENTURES LLC
Elifin’s Notes: An 8-unit multifamily property comprised of six apartments and two short term rental units, sells in the Central City area

500 Vintage Dr
500 Vintage Dr

Type: Retail
Price: $888,000 ($85.80 / SF)
Buyer: JVH INVESTMENTS LLC
Elifin’s Notes: A multi-tenant retail property sells in the Chateau Estate North area

3012 19th St
3012 19th St

Type: Office
Price: $685,000 ($171.25 / SF)
Buyer: Fisher Real Estate, LLC
Elifin’s Notes: Two-story office building sells to local attorney.

3632 Desire Pkwy
3632 Desire Pkwy

Type: Industrial
Price: $510,000 ($32.86 / SF)
Buyer: TUARORO LLC
Elifin’s Notes: Local investor purchases an industrial property in the Desire area

3318 S Saratoga St
3318 S Saratoga St

Type: Multifamily
Price: $500,000 ($41,667 / Unit)
Buyer: 3318 S SARATOGA LLC
Elifin’s Notes: Local investor purchases this 12-unit multifamily property in the Milan area

2009 Jefferson Hwy
2009 Jefferson Hwy

Type: Retail
Price: $327,500 ($289.57 / SF)
Buyer: VINSON PROPERTIES 1 LLC
Elifin’s Notes: A retail property sells in the Labarre area

1928 Franklin Ave
1928 Franklin Ave

Type: Retail
Price: $162,500 ($101.88 / SF)
Buyer: SANTOS LEE ANN FILCHER
Elifin’s Notes: A retail restaurant property sells in the St. Roch area along Franklin Avenue

3610 Tulane Ave
3610 Tulane Ave

Type: Hospitality
Price: Withheld
Buyer: IRIS MOTEL LLC
Elifin’s Notes: The Ben Louie, a 19-unit boutique motel, changes hands in the Mid-City area


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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