Author: magraham

Here is what is left of the Chateau and Tony’s on Louisville. Conference hotel on the way?

Sold:  2802 Kilpatrick Blvd, Monroe, LA 71201
Seller:  David Rene Dugas, et ux
Buyer:  BBH of Monroe, LLC
Price:  $390,000
Property Type:  Medical office
Source:  The Legal Recorder / OPTA website
Note:  the above information is for reference only
and not guarantee is made regarding its accuracy. 

Pending Sale:  1201 Lamy Lane
Tenant:  Books-A-Million / Former location of Sports and Company
List Price:  $3,500,000
Status:  Under Contract 
Building Size:  91,109 sq. ft.
Source:  Walmart Realty

As you may have noticed this week, an attempt to post a video link was made and many were unable to pull up the video without copying the link into the address bar.  I will fix this issue and hope the video posting will be another good way to convey real estate information to those of you who are interested. 

I will continue to post transfers as usual but will begin using videos as well. 

The YouTube account is “mikegrahamrealestate” however i will attach a link to this site as well.  

If you have any ideas or comments about the blog site, please contact me at magraham@mgmai.com or 318-801-0950. 

Thanks, Mike

Check out this video on YouTube:

http://www.youtube.com/watch?v=ao2H1JRy-Ig&feature=youtube_gdata_player


Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com

Sold:  371 Exchange Street – West Monroe, LA 
Office / Warehouse
Date:  June 29, 2012
Seller:  371 Exchange Street, LLC
Buyer:  AKSA Power Generation USA LLC
Price:  $435,000
Note:  The above information is for reference only and
should not be used without proper verification. 

Sold:  Multi tenant office building / 141 Desiard Street, Monroe, LA
Date Recorded:  June 5, 2012
Seller:  Richland State Bank
Buyer:  Desiard Court, LLC (Matt Harris, Dallas, TX)
Price:  $1,050,000
Source:  Conveyance record / The Legal Recorder, Inc.
No guarantee is made regarding the above information.

Sold:  Land next to Sam’s / Monroe, LA
Date recorded:  June 1, 2012 (Deed with restrictions)
Seller:  Sams Real Estate Business Trust
Buyer:  Yogi Monroe, Inc. (Ramesh and Naresh Patel)
Sale Price: $525,000
Source:  Conveyance Record / The Legal Recorder, Inc.
No guarantee is made regarding the above information. 

Sold:  Portico Restaurant in Ruston, LA (Real Estate Only)
This is a real property sale which does not
influence the restaurant operation. 
Date Recorded:  June 2012
Seller:  Northpoint Property Phase I, LLC
Buyer:  Bayles Properties, LLC
Price:  $1,075,000
No guarantee is made regarding the above information. 

Sold:  Highland Court Apartments / 241 Blanchard Street / West Monroe, LA
Date Recorded:  May 14, 2012
Seller:  Graoch Associates #47 Limited Partnership
Buyer:  Juniper Blanchard Ltd.
Price:  $8,200,000
Source:  The Legal Recorder, Inc. / Assessor website
Note:  No guarantee is made regarding the accuracy of the
above information. 
Edit:  Mortgage and Security Agreement:  $6,600,000 to Berkeley Point Capital LLC