Appraisals / Brokerage / Property Management / 318.801.0950 / magraham@mgmai.com / 1300 Hudson Lane / Monroe, LA / Louisiana Real Estate Broker License 995691964
Sold: Multiple tracts in Parkwood Village Shopping Center / Lincoln Road (Hwy 139), Monroe, LA (Including Mac’s, Fred’s and Domino’s)
Seller: C H & R Associates Inc.
Buyer: McLawrence Foods LLC
Sale Price: $1,855,000
Sale Date: 5/28/2014
Size: 4.38 acres
Source: Legal Recorder and conveyance record
Disclaimer: All of the above information is for reference only and shouldn’t be relied upon without proper verification.
Sold: 2510 Cypress Street / Grannys Family Restaurant
Seller: Caldwell Oil, LLC
Buyer: Grannys Family Restaurant
Price: $450,000
Date: May 2, 2014
Note: The above information is not guaranteed.
Sold: Athena Restaurant / 1700 North 18th Street
Seller: Matthew D. Sanderson, et ux
Buyer: Polestar LA Monroe Avenue of America’s LLC
Price: $825,000
Note: This sale is thought to be part of the Neighborhood
Wal Mart that has been reportedly locating in this area. Polestar
has 5 corporations in Louisiana, one of which is Polestar LA West Monroe
(Flanagan), LLC. The representative for Polestar is Karen Hutton of
The Hutton Company. This company specializes in build to suit developments,
site selection and construction. The Hutton Company has worked with Wal-Mart and
Sams Club.
The above information is not guaranteed and should not be
relied upon without further verification.
Sold: Shopping Center on Fink’s Hideaway Road / Corner of Fink’s Hideaway and Old Sterlington Road
Seller: McCarter’s Hideaway Village Shopping Center, LLC
Buyer: Hideaway Village Shopping Center, LLC
Sale Date: 4/15/2014
Price: $400,000
Source: The Legal Recorder, Inc. and Conveyance Record
Disclaimer: All of the above information is for reference only and should not be relied upon without proper verification.
Sold: Three separate multi-family properties (4 plex, 12 units, 16 units)
Seller: James Caldwell Bowie
Buyer: We Rn Property, Inc.
Price: $1,100,000
Use: Three multi-family properties
4 plex in garden district / Monroe
12 units on Gulpha Drive / West Monroe
16 units in Ruston (pictured)
Total of 32 units or $34,375 per unit
Sold: Neighborhood Rentals Building / 7702 US Highway 165 North
Seller: T & M Properties, LLC
Buyer: R & A Properties, LLC
Price: $485,000
Use: Retail / warehouse
Source: The Legal Recorder, Inc. / Tax assessor website
Sold: Portion of Pines Hills Country Club / Britton Road (including tennis courts and driving range)
Sale Date: 4/4/14
Seller: Calvert Crossing Golf Club LLC
Buyer: Dmj United Properties LLC
Price: $475,000
Size: Approximately 10.4 acres (based on conveyance record)
Source: Conveyance record and OP assessor’s website
Disclaimer: All of the above information is for reference only and should not be relied upon without proper verification.
Sold: Old Eastgate Cinema / 200 North Stanley Avenue, Monroe, LA
Sale Date: 4/2/14
Seller: Gulf Inland LLC
Buyer: Primary Health Services Center
Price: $300,000
Source: Conveyance Record
Disclaimer: All of the above information is for reference only and should not be relied upon without proper verification.