Month: August 2016

Sold: Former Avanti Restaurant located at 5076 Cypress Street, West Monroe, LA

Seller: JTH Properties LLC

Buyer: Richland State Bank

Sale Date: 08/18/2016

Sale Price: $425,000

Land Size: 0.78 acres (per deed)

Sources: Ouachita Parish Assessor’s website, Clerk of Court, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.

Sold: Portico Restaurant at 1821 Northpointe Lane, Ruston, Louisiana

Seller: Bayles Properties LLC

Buyer: Moojon Properties LLC

Sale Date: 08/11/2016

Sale Price: $1,000,000 (leased fee; real estate only)

Land Size: 7,508 square feet (per deed).  Also included was parking servitude concerning adjoining parking lot.

Building Size:  3,972 square feet (per assessor)

Sources: Lincoln Parish Assessor’s website, Clerk of Court, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.