Sold: Former Canary Motel / 3002 Cypress St. / West Monroe, LA

Sold:  3002 Cypress / Former Canary Motel
Date Sold:  12/15/11
Seller:  Succession of Elsie Mae Mix Webb
Buyer:  Max Alley Investments, LLC (Texarkana Corporation)
Price:  $325,000
This sale is thought to be the purchase of land for redevelopment as
a build to suit project.  Based on the buyer’s history and language in the
conveyance record, development of a Family Dollar Store may be likely. 
The site is approximately 56,700 sq. ft. which calculates to $5.73 per
square foot prior to any required expenditures after purchase. 





Note:  The above information is for reference only and should not be
relied upon without further verification.  No guarantee is made about the
accuracy of the above information. 

Sold: Vacant commercial site / Cypress Street / W.M.

Sold:  Vacant Land / Cypress Street in West Monroe, LA
Lot 6, Ashford Place, 3rd Revision

Date:  December 9, 2011
Seller:  Church Hill Land Co, LLC
Buyer:  Deep Pockets Investments, Inc.
Price:  $387,500

Date:  December 9, 2011
Seller:  Deep Pockets Investments, Inc.
Buyer:  Guaranty Bank & Trust Co of Delhi
Price:  $387,500  (size of site is around 47,000 square feet or approximately $8.25 / SF)



The above information is for reference only and should not be relied upon without proper
verification.  Source:  The Legal Recorder, Inc.

Sold: Land on Cypress @ Downing Pines, West Monroe

Sold:  Land in the NE4 of SE4, Section 29, T18, R3 & Sundry Property

Date Recorded:  October 20, 2011
Seller:  David Crew, Arthur Lee Brooks, John Green
Buyer:  K & A of Monroe, LLC
Price:  $700,000
Source:  The Legal Recorder, Inc. / the above information is for reference only
and should not be relied upon without proper verification. 


Sold: Ferrand Place Apartments




Sold:  Multi-family complex / Ferrand Place Apartments / 2307 Ferrand / Monroe, LA
Date Recorded:  Sept. 20, 2011
Seller:  Benamin Siglin Gorman
Buyer:  We Rn Property, Inc.  (Officer:  James T. Strong)
Price:  $825,000
Source:  The Legal Recorder, Inc. 
Note:  The above information if for reference only and
should not be relied upon without proper verification.